Remove 2011 Remove Capital Remove Fintech Remove Millennials
article thumbnail

How Can Banks Thrive in the Next Five Years?

Jeff For Banks

They are/were the business owners, demanders of capital and loans, and significant depositors. Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?" There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs.

article thumbnail

Don't Bank. SoFi

Jeff For Banks

After its most recent capital raise in September, SoFi, a marketplace lender that focuses on millennials, has raised nearly $1.5 billion in equity capital since its founding in 2011. billion in equity capital, with a market capitalization close to book value. By comparison, over 100 year old and $7.7

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Dear Fintech, Give People Meaningful Experiences, Not Gold Stars

Javelin Strategy & Research

Unfortunately, a lot of Fintech players and financial institutions have integrated gamification on a very shallow level (this was the word of the year circa 2011 ). They have delivered on this and two other insights that the rest of the Fintech world would be wise to consider. Dealing with money is an emotional experience.

Fintech 40
article thumbnail

From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. Download the free report to find out how fintech is shaping the future of wealth management and investing. get the REPORT on next generation investors.

article thumbnail

DRAFT, Fidor US, Roostify to Present Solutions at Yodlee Ynext Incubator

Fintech Labs Insights

Out of the eight fintech startups slated to demonstrate their technologies at Yodlee’s Ynext Incubator Demo Day next week, three are Finovate alums. DRAFT , Fidor US , and Roostify will join five other fintech colleagues at the Ynext Demo Day event on May 27th at the JCC in Palo Alto, California.

article thumbnail

Fiserv Adds clearXchange P2P Payments to its Offerings

Fintech Labs Insights

clearXchange was created in 2011 by Bank of America, Capital One, JP Morgan Chase, U.S. It’s unclear what effect this will have on Fiserv’s existing P2P payment service, Popmoney , which it began offering after acquiring Popmoney creator CashEdge in 2011. financial institutions.

article thumbnail

Tuition.io Raises $5 Million in Series A

Fintech Labs Insights

The funding takes Tuition.io’s total capital to more than $8 million. plans to use the capital to help acquire more enterprise customers, as well as to grow its customer service, engineering, and sales teams. as a “real game-changer for recruiting millennials.” Pictured: Tuition.io He credited Tuition.io