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.
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Personal Finance
Varo Adds Support for Zelle Payments
by Fioney Staff
The neobank turned fully-fledged and nationally licensed bank Varo is once again expanding its platform. Now, customers will have access to the popular peer-to-peer (P2P) payment service Zelle from within the Varo app. Previously, while customers could use the Varo to Varo feature to send money to friends and could link their own external bank accounts, a universal P2P payment option wasn't available natively. To get started using Zelle within...
Personal Finance
Frontier Airlines Introduces "GoWild!" All-You-Can-Fly Annual Pass
by Fioney Staff
Having lost out on the chance to acquire Spirit Airlines, Frontier is making a splash in a different way and offering flyers a unique opportunity. This week, the budget airline announced the launch of its GoWild! pass that essentially entitles passengers to 12 months of unlimited Frontier flights. What's more, for a limited time, the new pass can be purchased for $599 — which is a fraction of the $1,999...
Personal Finance
Money at 30: Keeping Crypto at Arm's Length
by Kyle Burbank
What was already being called the "Crypto Winter" has certainly grown colder in just the past couple of weeks. With the implosion of FTX, things are changing quickly. And, while I didn't have an FTX account, the news has actually impacted me as BlockFi has also paused withdrawals due to their ties to the platform. Meanwhile, as you can imagine, prices for several cryptocurrency assets have been sagging even lower...
Personal Finance
BlockFi Latest Crypto Platform to Halt Withdrawals
by Fioney Staff
With cryptocurrency exchange FTX filing for bankruptcy (after an acquisition deal with rival Binance fell through), the company's fall is impacting other crypto FinTechs as well. That now includes BlockFi. Last night, BlockFi announced that it was pausing withdrawals for customers and also requested that users not deposit funds at this time. In a statement posted to their Twitter account, BlockFi noted that the move was necessary due to news...
Personal Finance
Tellus Raises $26 Million to Fuel Continued Growth
by Fioney Staff
A company that helps consumers grow their savings via real estate has just closed an early investment round itself. This week, Tellus announced that it had raised a total of $26 million. That includes a $16 million seed round led by Andreessen Horowitz, as well as a $10 million SAFE note from early investors. Also participating the in seed round were All-Stars Investments, Alumni Ventures, Decent Capital, Vectr Ventures, West...
Personal Finance
Zip Expands Pay-in-4 Platform with Launch of Zip Card
by Fioney Staff
With demand for "buy now, pay later" services still proving strong, the BNPL platform Zip has revealed its latest offering. Previously known as Quadpay, the Australian FinTech has announced the launch of Zip Card in the United States. Using the card, customers will be able to utilize the company's "Pay-in-4" service nearly anywhere Visa is accepted. The Zip Card is issued by WebBank. According to Zip, following a pilot program...
Personal Finance
MoneyGram Adds Support for Buying, Selling, and Holding Crypto
by Fioney Staff
Before the days of digital peer-to-peer money transfer, consumers relied on such services as MoneyGram to send money to loved ones. As technology as shifted, however, MoneyGram itself has had to evolve beyond its core product. Now, the company is once again expanding its reach by getting into the world of crypto. Recently, MoneyGram joined the ranks of P2P apps such as PayPal, Venmo, and Cash App by adding the...