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Online Wholesaler Boxed Looks For Buyers

PYMNTS

online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. Boxed, formed in 2013, has raised $240 million from investors, including American Express and GGV Capital. Boxed , the U.S. Boxed, based in New York, offers sales of fresh groceries, office supplies and more.

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What’s Under The Millennial Christmas Tree This Year?

PYMNTS

“Sneakers, of course, are always popular,” and that popularity looks likely to hold well after the 2019 holiday shopping season — thanks to the preferences of younger shoppers, including millennials and Generation Z. Spin Master Entertainment’s Paw Patrol animated series, which launched in 2013, is still a hit as well. That’s not all.

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Millennials Vs. Baby Boomers: When Does The ‘Cashless Society’ Begin?

PYMNTS

More than one out of four millennials carry less than $5 cash with them. And according to another study, nearly 20 percent of millennials have not used cash in two months. With a fifth of millennials already rarely using cash, it is clear that this is happening relatively rapidly,” said Kalle Marsal, CMO of Mitek.

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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

PYMNTS

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. One of the first neobanks in the region, Nubank , traces its genesis back to 2013, having raised hundreds of millions of dollars to expand across several financing rounds. The age of personalized service is upon us.

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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. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

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Robinhood Faces Another Service Interruption Due To Technical Issue

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The financial technology company is regarded for helping to make trading in vogue with millennials, Reuters reported. “We The company noted in a separate tweet that its systems had been completely brought back online and its web platforms were working. We were able to resolve this at 9:39 AM PST,” Robinhood said in a tweet.

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Nike Commits To Sustainability For High-Tech Tokyo Olympics

PYMNTS

In the retail arena, sporting goods online and offline have been decimated over the past two years by the D2C efforts of the Nikes of the world, as well as deep discounts from Target, Walmart and Amazon. percent in 2013, and delivered nearly $114 billion in sales, up 29 percent from 2013. times faster than those that were not.