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
Bakkt to Sunset Consumer-Facing Crypto App, Focus on B2B2C
by Fioney Staff
The FinTech startup Bakkt known for its crypto trading platform and other features has announced that it will be turning its focus to its business-to-business-to-consumer (B2B2C) operations. In turn, the company will be sunsetting its consumer-facing app on March 16th but will allow customers to access their cash and crypto via a web interface. On that date, Bakkt Visa debit cards will also be deactivated. Because of this, customers are... Personal Finance
Personal Capital Rebranding to Empower Later This Week
by Fioney Staff
The popular finance tracking platform Personal Capital is prepping for change this week. In an email to customers, the service revealed that it will be changing its name to Empower — matching the name of its parent company. In turn, the platform's savings account Personal Capital Cash will now be known as Empower Personal Cash. Despite these changes, the platform states that it will continue to be free and the features... Personal Finance
Fierce Emerges from Stealth Mode, Raises $10 Million
by Fioney Staff
A FinTech startup that looks to help consumers manage their money from one place is making a splash as it emerges from stealth mode. This week, Fierce debuted its iOS app — with an Android app to follow later this year. On top of that, the company revealed that it had raised $10 million ahead of this launch. The seed round include participation from Pendrell, AP Capital, Wheelhouse Digital Studios,... Personal Finance
Money at 30: Robinhood Retirement Review
by Kyle Burbank
During a recent earnings conference call, Robinhood's CEO Vlad Tenev revealed that the investment app would soon be introducing a retirement account platform for users. Soon after that, the platform announced more details about the offering while opening a waitlist. Now, a mere few weeks later, Robinhood Retirement is here. So what does this new IRA option have to offer? Let's look at the details of Robinhood Retirement and my... Personal Finance
Money at 30: "The Great Money Reset" Audiobook Review
by Kyle Burbank
During the past three years, you didn't have to look far to see headlines about Americans leaving their jobs en masse or otherwise making major life changes after growing introspective during the pandemic. Zooming out, this period in history has also been dubbed "The Great Reset" as the world and its economies look to recover after being upended. Playing off of that, a new book from CBS analyst Jill Schlesinger... Personal Finance
Car IQ Raises $15 Million to Expand Vehicle Payment Platform
by Fioney Staff
A FinTech that helps turn fleet vehicles into payment tools has just raised a new round of funds. This week, Car IQ announced that it had raised $15 million. The addition to their Series B (which was initially announced in 2021 and amounted to $15 million at the time) was led by Forte Ventures while existing investors including State Farm Ventures, TELUS Ventures, and Avanta Ventures returned to participate. New strategic... Personal Finance
United States Unemployment Rate Falls to 3.4%
by Fioney Staff
Despite fears of a recession and high-profile layoffs in the tech sector, the United States continues to add thousands of jobs. According to the latest U.S. Bureau of Labor Statistics report, the economy added 517,000 in January. That marks the best result since July of last year when 586,000 jobs were added to payrolls. Moreover, the result is nearly double the 260,000 jobs (adjusted up from the previously-reported 223,000) gained...