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
Greenwood Acquires Fellow Neobank Kinly
Two banking startups are joining forces to further their mission of helping Black America build generational wealth. Earlier this month, Greenwood announced its acquisition of Kinly. According to a press release, the transaction will bring "the two largest FinTechs focused on the Black community together as one company." Moreover, with 300,000 Kinly members joining Greenwood, the combined neobank will have more than 1 million members. About Greenwood and Kinly: Greenwood...
Personal Finance
Pawn Lending Alternative Pesto Announces New Funding Round
A startup that's looking to disrupt the pawn shop loan market is ready to hit the scene. This week, Pesto announced a new round of funding, while also launching the Pesto Mastercard. About the funding round: The FinTech firm Pesto has revealed a fresh round of funding. While the amount of the round was not disclosed in a press release, Crunchbase reports that the Series A amounted to $11 million....
Personal Finance
Travel Insurtech Brand Faye Raises $10 Million
An insurtech company with a focus on travel has scored a sizable funding round just ahead of the busy summer season. The funding round details: This week, Faye announced that it had raised $10 million. The Series A was led by Munich Re Ventures alongside existing investors Viola Ventures and F2 Venture Capital. Menora Tech and former Allianz Global Travel Insurance CEO Mike Nelson also participated. To date, the company...
Personal Finance
Gallup Poll: Americans Say Now is a Bad Time to Buy a House
Following a tumultuous few years that's included a global pandemic, a competitive housing market, rock-bottom interest rates, rapidly rising interest rates, inflation, and continued threat of a recession, a new poll from Gallup shows that a record number of Americans believe that now is a bad time to buy a home. According to the latest poll, only 21% of adults believe now is a good time to purchase a house....
Personal Finance
Youth-Focused Neobank App Step Introduces 5% APY Offer
An all-in-one financial platform aimed at young adults is hiking the interest rate that customers can earn on their money. In fact, Step will now enable users to earn a rate that's more than 12 times the national average. Effective now, Step is offering up to 5% APY on savings (up to $250,000 in funds). However, to earn this, cusomers will need to make a qualifying monthly direct deposit of...
Personal Finance
7 Ways to Save Money on Streaming Service Subscriptions
Once upon a time, the idea of streaming television and movie content was not only novel but was mostly limited to just a few services — including some free ones. Well, that's definitely changed in recent years as nearly every major media conglomerate has launched its own streaming platform. And, while you'd think that the increased competition would mean lower rates, the financial realities of the medium are starting to...
Personal Finance
