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
FinTech Numerated Announces Automated PPP Loan Forgiveness
by Fioney Staff
Among the many ways that the coronavirus pandemic has changed life in America and around the world is that it's made FinTech more relevant than ever before. From contactless payments becoming a growing preference to digital banking proving essential, these innovations have been thrust into the spotlight. Similarly, while select banks struggled to handle the demand of the Paycheck Protection Program (PPP), some online outlets were able to step in,...
Personal Finance
More Than 8% of U.S. Mortgages Now in Forbearance
by Fioney Staff
With the United States economy still being pummeled by closures associated with the spread of COVID-19, many Americans are seeking financial relief. One potential option for homeowners who may be struggling is forbearance, which allows them to pause mortgage payments for up to 12 months. Now new data shows that a growing number of consumers are applying for this protection — regardless of whether or not they might need it....
Personal Finance
Money at 30: 3 Ways to Avoid Unexpected Renewal Charges
by Kyle Burbank
We've all done it — you sign up for a subscription and forget about it. Then, probably 12 months later, you find an unfamiliar charge appear on your credit card. D'oh! While this may be common, there are ways to avoid it. With saving every dollar possible proving even more important these days, here are a few tips that just might prevent you from seeing those dreaded surprising renewal charges...
Personal Finance
Oxygen Joins Visa’s Fast Track Program for FinTechs
by Fioney Staff
Even as much of the country remains in lockdown, the financial technologies sector seems to be managing continued growth. Not only have the past few months seen major acquisitions and impressive investment rounds but they've also brought a handful of notable partnerships. Case in point: this past week, Oxygen announced that it was the latest FinTech to join Visa's Fast Track program. Oxygen is a mobile-only banking service designed for...
Personal Finance
Crypto Trading Platform FalconX Raises $17 Million
by Fioney Staff
Even amid continued lockdowns and economic struggles, the cryptocurrency market has been having a pretty big month. Not only has the price of Bitcoin risen to more than $9,300 but the latest "halvening" also recently occurred as the most famous crypto asset, Bitcoin, continues on towards its 21 million coin max. And then there's FalconX, which just announced a round of investments it's received. This week the company revealed that...
Personal Finance
How Will Coronavirus Impact Students' Finances?
by Fioney Staff
While nearly all Americans have been affected by the COVID-19 pandemic is some way, U.S. college students have been uniquely impacted. Not only have school closures meant the cancelation of graduation ceremonies but many of those who had been living on-campus were forced to vacate their homes as the virus spread. Now a new survey from the personal finance site WalletHub has sought to find some of the other ways...
Personal Finance
Uber Reportedly Looking to Acquire Grubhub
by Fioney Staff
During the current crisis, many businesses and verticals have seen their operations and sales directly impacted. The food delivery business has been no different, initially seeing a dip as shoppers stocked up on groceries but rebounding some as consumers looked to support their local eateries. All the while, companies like Uber Eats, Grubhub, DoorDash, and others have worked to reassure both customers and delivery partners with enhanced safety and cleanliness...