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.
Learn to make your money work for you. Whether it’s getting debt free or buying a home we have you covered.
Personal Finance
Personal Finance
Average Mortgage Rate Falls Below 3%
Those looking to buy a home or to refinance may encounter lower interest rates than they have before. According to Mortgage News Daily, the average rate for a 30-year fixed mortgage fell to just 2.97% last week. That marks a new record low as the economy continues to experience impacts from the coronavirus pandemic. With this being an average, some borrowers with stellar credit may apparently even see rates as...
Personal Finance
Celsius Looking to Raise $15 Million from BnkToTheFuture Community, Not VCs
Under normal circumstances, a FinTech startup looking to grow would solicit various venture capital (VC) firms in the hope of finding investors. This is something we've seen a lot of lately, such as the crypto trading platform FalconX recently raising $17 million. However, just as cryptocurrencies boast a decentralized financial network, some startups are finding ways to go around this money-raising model. Case in point: Celsius has launched a new...
Personal Finance
Qube Money Announces Partnership with Galileo for Innovative App and Debit Card
When it comes to the financial technologies field, it would seem that many startups view themselves more as cohorts than strictly competitors. That dynamic has been evident from the widespread adoption of Plaid among personal finance apps to the recent team-up of crypto tax service providers. This week, another tag-team was born as Qube Money announced a partnership with fellow Utah FinTech Galileo Financial Technologies. Under this partnership, Galilieo's API...
Personal Finance
Money at 30: SaverLife Review
Saving money is rarely easy. Even if there is technically room in your budget, many of us need a little extra push in order to actually start setting money aside. Because of this, several FinTechs have rolled out unique solutions aimed at getting people to better their finances. Unfortunately, some of these apps and tools charge a monthly fee that might compromise your progress. That's why I was interested to...
Personal Finance
Varo Raises $241 Million in Funding Ahead of Bank Charter Approval
Once again, despite the challenges the current pandemic has brought upon the U.S., FinTech firms are still closing major deals. Last week Varo announced that it had just concluded a $241 million funding round. The impressive Series D was co-led Gallatin Point Capital and returning investor The Rise Fund. Other participants include HarbourVest Partners and Progressive Insurance. This major funding round comes at a pivotal time for Varo as the...
Personal Finance
U.S. Economy Regains 2.5 Million Jobs in May
Ever since the start of lockdown amid the coronavirus crisis in the United States, it was clear that the nation would be in for some rough jobs reports. Sure enough, the country has seen multiple record-breaking weeks of new jobless claims as well as a major spike to the unemployment rate. While economists had braced for May to be no different, instead, the newest figures show the economy rebounding some...
Personal Finance
