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.

  • P2P Lending Platform SoLo Funds Responds to CFPB Lawsuit

    P2P Lending Platform SoLo Funds Responds to CFPB Lawsuit

    After being sued by the Consumer Financial Protection Bureau (CFPB), the FinTech SoLo Funds has now issued a response. About the lawsuit and response: Recently, the CFPB announced that it was suing SoLo Funds, accusing the company of misleading customers about the true costs of loans obtained through the platform. This stems from SoLo’s model,…

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  • Robinhood Introduces Lowered Margin Interest Rates

    Robinhood Introduces Lowered Margin Interest Rates

    The popular investing platform Robinhood has announced new margin rates as it looks to attract advanced traders. About the changes: Robinhood is rolling out new, lowered margin rates. Now, the rates that customers pay will vary by their total margin balance, with these rates ranging from 5.7% to 6.75%. These tiers breakdown like this: This…

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  • FinTech Fallout: Lessons From the Synapse/Evolve Bank Dispute

    FinTech Fallout: Lessons From the Synapse/Evolve Bank Dispute

    Over the past several years that I’ve been covering FinTech, I’ve seen my fair share of apps shut down. Yet, I’ve never seen anything quite like the situation that’s playing out right now. As of this writing, several neobanking customers are unable to access their funds due to a dispute between Synapse and Evolve Bank.…

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  • Accounting Infrastructure Startup Teal Raises $8 Million

    Accounting Infrastructure Startup Teal Raises $8 Million

    A FinTech offering accounting infrastructure tools for vertical SaaS businesses to adopt has announced its seed round. About the round: Today, Teal announced that it had raised $8 million. The seed round was led by Torch Capital, while Basis Set Ventures, General Advance, and Dash Fund also participated. Additionally, execs from Plaid, Brex, Gusto, and others…

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  • Vehicle-Secured Credit Card Company Yendo Raises $165 Million

    Vehicle-Secured Credit Card Company Yendo Raises $165 Million

    A FinTech that offers the first-ever credit card secured by a customer’s vehicle has announced its latest round of funding. About the round: This week, Yendo announced that it had raised $165 million. However, this includes $150 million in debt financing and $15 million in equity. The debt portion was led by i80 group, while…

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  • Lessons From a First-Time Home Buyer: Worst Time to Buy a House? There Are Always Exceptions

    Lessons From a First-Time Home Buyer: Worst Time to Buy a House? There Are Always Exceptions

    If you’ve been thinking about buying a house, looking at the news lately has likely disheartened you. As CNN reports, a recent Gallup poll found that 76% of Americans believe it’s a bad time to buy — with only 21% saying it’s a good time. There are several reasons for that sentiment, with the top…

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  • Chime Introduces MyPay Cash Advance Feature

    Chime Introduces MyPay Cash Advance Feature

    The popular neobank Chime is adding a new feature that will allow users to access their paycheck funds even earlier. About MyPay: This week, Chime announced the launch of MyPay. With this new feature, customers will be to request up to $500 of their pay ahead of their regular payday. As Chime notes, MyPay is…

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  • No Worries by Jared Dillian Audiobook Review

    No Worries by Jared Dillian Audiobook Review

    For many people, money is a stressful topic they’d rather not even think about. And then, there are people like me who think about money often, while attempting to reduce anxiety about it in the process. Either way, when I saw the title of Jared Dillian’s relatively recent book No Worries: How to Live a…

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