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
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
Money at 30: "The More of Less" Book Review
If you're like most people, I assume that, at some point, you've looked around your home and wondered why you have so much crap. Sure you should probably get rid of it but it's not really hurting anyone, right? And then there's all the other stuff that you might not use on a day-to-day basis but holds a special place in your heart for one reason or another — what...
Personal Finance
Cross River Bank Reaches Settlement with Colorado Regarding FinTech Partnerships
As regular FinTech sector watchers can tell you, there are a handful of company names that tend to come up again and again when new initiatives and partnerships are announced. Cross River Bank is certainly in this category as the institution is a frequent partner for startups. Now, thanks to their part in a recent suit, the bank may have also just played a role in defining how such partnerships...
Personal Finance
Labor Department Report Shows States with Highest, Lowest Unemployment
Throughout the current pandemic, it's been clear that some areas of the nation have been harder hit than others. This is not only true in terms of coronavirus cases and deaths but also for economic conditions. With that in mind, let's take a look at this morning's Bureau of Labor Statistics state unemployment report. As previously announced, the national unemployment rate was 10.2% in July. However, the latest data shows...
Personal Finance
College Students Report Increasing Financial Literacy During Current Crisis
It's been said thousands of times by this point but it remains undeniably true: the 2020-2021 school year will be unlike any other. With the COVID-19 pandemic still top of mind for students, parents, teachers, and administrators - schools and campuses across the nation are navigating the best path forward with some opening to limited in-person activity while others remain strictly online for the foreseeable future. Of course, while elementary...
Personal Finance
Robinhood Raises Another $200 Million Amid Rapid Growth
Even as the coronavirus pandemic continues to batter the United States economy at large, the stock markets have largely managed to recover. In fact, the S&P 500 reached a record high this week, likely rewarding users who bought during this year's lows. Among these "winners" are users of the free stock trading app Robinhood who famously flocked to the market as it fell. Now it seems that the app itself...
Personal Finance
