Category: Personal Finance
Personal finance and money management can be very confusing. Most people know that optimizing their finances is important but few feel confident that they have the knowledge to do so.
At Fioney we stay on top of the latest economic trends, financial products, and money management strategies in order to provide the knowledge to help you use the money you have today to live the life you want.
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Personal Finance
Money at 30: 5 Personal Finance Books That Would Make Great Gifts
by Kyle Burbank
Earlier this year, I set out to both read and review more books. Specifically, I wanted to look at books that explored the many facets of money — from how to have and use it to what it actually means. On the whole, I'd say I accomplished that goal (aside from the reality that I was supposed to do another book review today but have yet to finish reading). So,...
Personal Finance
Online Shopping Reaches Record on Black Friday 2020
by Fioney Staff
With the holiday shopping season now officially underway, consumers are apparently taking their shopping online in record numbers. Preliminary figures from Adobe Analytics (as reported by TechCrunch) show online sales on Black Friday growing 21.6% year over year to top $9 billion. Although that's on the lower end of Adobe's initial estimates ranging from $8.9 billion to $9.6 billion, the numbers put Black Friday 2020 second only to Cyber Monday...
Personal Finance
DoJ Okays Intuit's Credit Karma Acquisition, Credit Karma Tax Sale to Square
by Fioney Staff
Back in February, Intuit announced plans to purchase the free credit score site Credit Karma for a whopping $7.1 billion. However, as always, the deal was subject to regulatory approval. Now, the company has revealed that it's entered into a consent decree with the U.S. Department of Justice as well as an Assurance of Discontinuance with the New York State Attorney General. As a result, the path is now cleared...
Personal Finance
Insurtech Company Hippo Scores $350 Million Investment
by Fioney Staff
Palo Alto-based insurtech startup Hippo just announced that it's raised another $350 million. The impressive raise comes exclusively from Mitsui Sumitomo Insurance Company, Limited and brings the company's total funding to date to $709 million. Instead of being aside a letter, the round is being described as simply a "venture round." The investment comes just four months after the company's $150 million Series E — which already ranked among the...
Personal Finance
Money at 30: Bumped App - How Version 1.0 Compares to the Beta
by Kyle Burbank
For literal years, I've been raving about an app called Bumped. Yet, little did I know that, for much of that time, I was talking about a service that few could actually try for themselves. That's because Bumped was still in its pilot or beta phase. However, as the platform launched its 1.0, many of the features that original users loved had changed — for better or worse. So what...
Personal Finance
Bitcoin Continues to Surge, Nearing All-Time High
by Fioney Staff
In 2017, Bitcoin enjoyed a famed run that saw the cryptocurrency's value climb to nearly $20,000 per coin before plummeting back down to earth. Now, nearly three years later, the asset is making another run at that record. Since October 1st, the price of Bitcoin has nearly doubled, going from around $10,500 to as high as $19,400 in recent days. However, at press time, the value had receded some to...
Personal Finance
Vennfi Raises $2.3 Million Ahead of Charityvest Platform Expansion
by Fioney Staff
Even as 2020 begins to wind down, FinTech deals continue to roll in. Last week, Vennfi announced it had raised $2.3 million in funding. The seed round was led by former DCM Ventures partner Tom Blaisdell with participation from Teamworthy Ventures, Duro.vc, Sovereign's Capital, and Promus Ventures along with individual investors and other funds. With the latest raise, Vennfi's has now brought in a total of $3.7 million for 2020....