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.
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Robinhood to Acquire “Smart Credit Card” Company X1
Two major FinTechs are coming together as the stock trading app Robinhood has announced plans to purchase credit card startup X1. About the deal: In a press release, Robinhood revealed that it intends to acquire X1 for an estimated total of $95 million. The transaction will be all cash and is expected to close in…
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CLEAR Announces New Partnership with Alaska Airlines
Alaska Airlines frequent flyers can now enjoy a new discount on a membership to CLEAR, allowing them to save time at airport security. About the partnership: Today, CLEAR announced that it had sealed a partnership with Alaska Airlines, resulting in a new offer for flyers. Now, Alaska Mileage Plan members can sign up for CLEAR…
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Yendo Raises $24 Million for Vehicle-Secured Credit Card
A startup offering a credit card secured by customers’ auto title has just closed a significant venture round. About the funding round: This week, Yendo announced that it had raised $24 million. The Series A was led by FPV Ventures, while existing investors Human Capital and Autotech Ventures also participated. As part of the deal,…
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Survey: 90% of Millennials Report Carrying Non-Mortgage Debt
A new survey suggests that the vast majority of Millennials are not only in debt but that their total liabilities are now nearing six figures. About the survey results: According to a survey of 1,000 Millenials (defined as those born between 1981 and 1996) conducted by the Real Estate Witch, 90% of respondents said they had…
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Visa Launches FinTech Accelerator Program in Africa
Over the years, Visa has shown a willingness to work with FinTech startups in various ways. This includes programs such as its Fast Track initiative, as well as its accelerator. On that note, the company is now launching a new accelerator — and one far outside of the United States. What’s happening: This week, Visa…
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How a Financial Advisor Has Helped My Family in a Terrible Time
“What’s the point of having a financial advisor if everything you need to know is on the Internet?” Truth be told, that was pretty much my sentiment since I started becoming interested in personal finance. On the one hand, I understood why rich people might be willing to pay someone to manage their money for…
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Crypto Payments Startup BoomFi Raises $3.8 Million
A FinTech that looks to help merchants accept and convert cryptocurrencies has closed a new round of funding. About the round: This week, BoomFi announced that it had raised $3.8 million. The seed round was led by White Star Capital along with participation from Passion Capital, Blockchain Founders Fund, Kraken Ventures, GSR, Aquanow, and Mantle Network…
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Robinhood to Delist Three Coins Amid SEC Crackdown
Over the years, the stock trading app Robinhood has gained an increased focus on cryptocurrencies. This includes adding support for new tokens, introducing built-in wallets to the app, and debuting a standalone, non-custodial Web3 wallet among other efforts. However, the company is now taking one slight step back by removing support for three previously-supported assets.…
