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.

  • Empower Retirement To Acquire Personal Capital for Up to $1 Billion

    Empower Retirement To Acquire Personal Capital for Up to $1 Billion

    The FinTech personal finance and investment tracking platform Personal Capital has just announced a big exit. This week, the company revealed that it is being acquired by retirement plan recordkeeper Empower Retirement. This acquisition will cost Empower up to $1 billion, with $825 million coming at closing and a contingency bonus of up to $175…

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  • Renters Insurance: How Pennies a Day Can Save You Thousands

    Renters Insurance: How Pennies a Day Can Save You Thousands

    Do you have renters insurance? Have you ever even heard of it? If not, you’re certainly not alone as surveys have found that less than 40% of those who rent carry a renters insurance policy. When you consider the fact that 95% of homeowners have homeowner’s insurance, it’s clear to see that renters insurance has…

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  • U.S. Consumer Spending Increased in May, Income Fell

    U.S. Consumer Spending Increased in May, Income Fell

    With the United States still navigating unprecedented times due to the COVID-19 pandemic, a new report brings both good and bad news on the economic front. According to the latest figures from the Bureau of Economic Analysis, personal consumption expenditures (PCE) grew 8.2% in May to reach $994.5 billion.

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  • Mastercard to Acquire FinTech Firm Finicity

    Mastercard to Acquire FinTech Firm Finicity

    To most people, companies such as Visa and Mastercard are viewed as institutions akin to banks. In reality, each of these firms consider themselves to be technology companies — or FinTechs, even. It should come as no surprise then that each card company has been looking to expand their offerings, both by partnering with and…

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  • Verizon Announces Verizon Visa Card for Wireless Customers

    Verizon Announces Verizon Visa Card for Wireless Customers

    Ever since Apple announced that it would be launching a credit card of its own, there has been a slew of brands introducing their own credit, debit, and savings products — including some seemingly left-field choices. The latest in the line-up is the U.S. wireless company Verizon, who has just unveiled the upcoming Verizon Visa…

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  • Upgrade Raises $40 Million in Latest Funding Round

    Upgrade Raises $40 Million in Latest Funding Round

    Once again setting aside fears that the coronavirus crisis would cripple FinTech investment, another notable deal was announced this week. This time it was Upgrade disclosing new funding, with the San Fransisco-based company revealing a $40 million round. Upgrade’s latest round — a Series D — was led by Santander InnoVentures, which is the VC…

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  • Survey Finds Majority of Americans are Struggling to Reduce Debt Amid Coronavirus Crisis

    Survey Finds Majority of Americans are Struggling to Reduce Debt Amid Coronavirus Crisis

    If it weren’t already clear that the COVID-19 pandemic was hitting Americans in their pocketbooks, the latest edition of a financial literacy poll once again highlights some of the struggles consumers are having. The survey (conducted by Harris Poll) asked 2,000 U.S. adults about their current financial situation and what factors were impacting them. Headlining…

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  • Credit Sesame Completes Acquisition of STACK

    Credit Sesame Completes Acquisition of STACK

    Following several notable deals so far this year, it looks like FinTech’s M&A streak is continuing, with Credit Sesame emerging as the latest buyer. This week, the company announced that it had completed its acquisition of Canadian challenger bank STACK. Previously, the two companies had collaborated to introduce Sesame Cash — a free digital bank…

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