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
Payments Platform Highline Closes $13 Million Funding Round
by Fioney Staff
A payment platform that could benefit both consumers and lenders has closed a significant early-stage funding round. This week, Highline Technologies announced that it had raised $13 million. The Series A was led by Jump Capital, Costanoa Ventures, and Foundation Capital with participation from other investors. It also follows a $4.5 million seed round that Highline raised in February. With the added funds, the company plans to continuing fueling its growth, including hiring more...
Personal Finance
Bank of America and Grubhub Partner for New Cardholder Benefit
by Fioney Staff
Hungry Bank of America customers looking for a discount on their food delivery may be in luck. Now, select BofA cardholders will be able to claim one year of Grubhub's Grubhub+ service for free. With Grubhub+, they'll receive free delivery on orders over $12, donation matching when they round up their change for charity, and more. The one-year extended free trial is available to eligible BofA credit, debit, and small...
Personal Finance
Pomelo Announces $20 Million Venture Capital Funding Round
by Fioney Staff
A FinTech with a unique way to help families send money across borders is exiting "stealth mode" and announcing a seed round. This week, Pomelo announced that it had raised $20 million. In addition to the venture capital, the company also secured $50 million in warehouse facility. Keith Rabois of Founders Fund and Xoom co-founder Kevin Hartz led the round while Afore Capital, Xfund, Josh Buckley, The Chainsmokers, and Abel Tesfaye...
Personal Finance
Zogo, MoneyLion Partner to Provide Users with Financial Education
by Fioney Staff
In recent years, FinTech brands have often discussed how their platforms help make financial services more accessible. Furthermore, many have touted the educational resources they offer alongside these tools, increasing financial literacy as a result. Now, a popular neobank and a growing educational app are teaming up to help meet a similar goal. This week, Zogo and MoneyLion announced a new partnership. With this integration, MoneyLion users will be able...
Personal Finance
Survey: 90% Want to Invest But 45% Aren't Sure Where to Start
by Fioney Staff
These days, there is certainly no shortage of investment options that consumers have. Furthermore, thanks to retail brokerages as well as mobile apps, the stock market is more acessible than ever. Nevertheless, a recent survey shows that many consumers still aren't sure how to take advantage of these options. According to a report by the FinTech app Stash, 90% of Americans say they want to invest in order to build...
Personal Finance
Robinhood Cash Card Adds New Cashback Offers
by Fioney Staff
Looking to earn cashback on some common purchases from major brands? A popular investment app has now added reward offers to its debit card product. This week, Robinhood announced a new feature called Cash Card Offers. With these specialized, brand-specific deals, cardholders can earn cashback on select purchases. In a blog post, the company wrote, "Building on our mission to democratize finance for all by putting money back into customers'...
Personal Finance
Month-Over-Month U.S. Inflation Flat in July 2022
by Fioney Staff
For months, the top economic story has been inflation. In turn, the debuts of new inflation reports have become appointment viewing for economists and other observers. On that note, today's release came with a bit of surprise and, overall, good news. According to the latest Bureau of Labor Statistics Consumer Price Index report, overall index item prices were flat between June and July. By comparison, prices grew 1.3% in June...