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
Faye Raises $31 Million for Travel Insurance Platform
An app that makes travel insurance buying simpler has raised an impressive round of funding. About the round: Faye has announced a new $31 million round. The Series B was led by Portage while Lumir Ventures and existing investors F2 Venture Capital, Viola Ventures, and Munich Re Ventures also participated. To date, the company has now raised a total of $49 million, including a $10 million Series A last year...
Personal Finance
Lessons From a First-Time Home Buyer: When Your Mortgage Servicer Changes
Something I'd absolutely never heard about prior to buying a home was the idea that your mortgage might just randomly be sold to another company. Sure, I was familiar with the concept of companies selling off delinquent debt to collectors, but it never crossed my mind that lenders would elect to transfer their mortgages in good standing to another lender. Yet, that's exactly what happened to us within only a...
Personal Finance
Bitcoin Rewards App Fold Announces Plan to Go Public Via SPAC
A Bitcoin-centric FinTech has announced plans to hit the NASDAQ market. About the public offering: Fold is ready to go public. The company revealed that it's entered into a definitive agreement with the special purpose acquisition company (SPAC) FTAC Emerald Acquisition Corp. As a result of the proposed transaction, Fold will be listed on NASDAQ. The new ticket symbol will be announced at a later date. According to a press...
Personal Finance
Moving from a Health Marketplace Plan to an Employer Plan
In the United States, health insurance coverage has largely been tied to employment. That's why the Affordable Care Act (colloquially known as Obamacare) not only increased eligibility for employer-sponsored health insurance plans but also introduced insurance marketplaces where those who didn't qualify for employer plans could find coverage and potentially claim a subsidy. However, because of this, those who have marketplace plans may need to cancel their current coverage once...
Personal Finance
Tax-Advantaged Account Platform Carry Raises $10 Million
An investment platform with an emphasis on tax-saving strategies has raised a new round of funding. About the round: Earlier this week, Carry revealed that it had raised $10 million. The Series A was led by Accomplice VC with "dozens" of angel investors participating as well. According to the company, the funds were raised at a pre-money valuation of $65 million. This round follows a $4.5 million seed round in...
Personal Finance
Aven Raises $142 Million for Home Equity-Backed Credit Card
A company that offers a home equity-backed credit card has secured a new "megaround" of funding. About the round: This week, Aven announced that it had raised $142 million. The Series D was led by Khosla Ventures and General Catalyst while returning investors, such as Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership, also participated. Notably, according to the company, it has now reached "unicorn" status, meaning that...
Personal Finance
