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
Personal Finance
United States Economy Brought Back Only 1.4 Million Jobs in August
Last month, more Americans headed back to work as the United States continued reopening efforts. According to the latest report from the Bureau of Labor Statistics, nonfarm payrolls increase by 1.4 million in August. In turn, the unemployment rate fell from 10.4% to 8.4%. Unfortunately, despite the latest gains, the U.S. economy has still seen a net loss of 11.5 million jobs since the COVID-19 pandemic hit earlier this year....
Personal Finance
CB Insights Reveals Third Annual "FinTech 250" List
The results are in! This week, research CB Insights revealed their "FinTech 250" list for 2020, recognizing the fastest-growing companies in the space. Of the 250 startups featured, 32 are considered "unicorns," meaning they're valued at more than $1 billion. What's more, 87 of those selected have raised "mega-rounds" of a $100 million or more since 2019, with 32 of those rounds coming this year. As for the combined list,...
Personal Finance
Money at 30: Venmo Card Review
For several years now, Venmo has been one of the most popular options for peer to peer (P2P) payments. Despite this, I'd suspect that fewer people are aware of the app's free debit card — and, if they are, they might not be familiar with the actual benefits that the Venmo card carries. So what is the Venmo card and what does it have to offer? Let's take a look at...
Personal Finance
United Airline Discontinuing Change Fees for Most Domestic Flyers
As the coronavirus pandemic grew stateside, several airlines introduced flexibility to their change and cancelation policies in order to allow customers to halt their travel plans without further penalty. Similarly, as the crisis continues, these airlines have sought to give potential flyers greater peace of mind not only through sanitation and spacing policies but also by extending their change fee-free offers. Now one major domestic carrier is making that policy...
Personal Finance
Mastercard Partnering with Multiple Brands to Pilot Cashierless Retail Concepts
In recent months, as the COVID-19 pandemic has changed everyday life for citizens around the globe, some technologies have begun playing a more prominent role in our society. Beyond video chat services becoming the new schools/workplaces and menus via QR code replacing their paper counterparts in some places, contactless payments and cashierless transactions have gone from being somewhat of a novelty to being a near necessity. Given this reality, several...
Personal Finance
Payments API Company Finix Raises $75 Million as Series B Expands
Continuing what's turning out to be a bit of a trend this year, another FinTech has just announced the expansion of its latest funding round. Earlier this week, Finix revealed that it had added another $30 million to its Series B. The newly-raised money brings the round's total to $75 million. Lightspeed Venture Partners led this portion of the round with American Express Ventures also participating. This is actually the second...
Personal Finance
