CB Insights

SEPTEMBER 10, 2019

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.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

FEBRUARY 23, 2017

Our data confirms the growing importance of artificial intelligence for eCommerce as today’s online shoppers, and in particular millennials, want to spend less time searching for the products they want to purchase,” said Oliver Tan, cofounder and CEO of ViSenze, according to Business Insider. Last September, ViSenze closed a $10.5

United States 136

United States Millennials Retail Capital 136

PYMNTS

MARCH 6, 2019

The study reported that for every dollar of capital raised, women-run startups generated 78 cents in revenue, compared to 31 cents for men-run startups. The problem is that female-founded firms still lack in venture capital funding. Why Women Entrepreneurs Are Where Visa Everywhere Wants To Be. billion in funding.

Regional 179

Regional Capital Study Leadership 179

PYMNTS

DECEMBER 19, 2019

Bangalore-based FinTech ZestMoney has raised $15 million in a Series B funding round led by Goldman Sachs and existing investors Naspers, Quona Capital, and Omidyar Network, TechCrunch reported on Thursday (Dec. ZestMoney was founded in 2015 by Chapman, Priya Sharma and Ashish Anantharaman in 2015.

Fintech 130

Fintech Millennials Online Lending 130

PYMNTS

APRIL 10, 2018

Boxed , known as the “ Costco for millennials,” has launched its first paid-membership tier that will offer customers rewards and discounts. In 2015 , with just 30 employees and three warehouses, Boxed raised $25 million in a Series B round of funding.

Millennials 123

Millennials Strategy Capital Company 123

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. ” – Tom Armstrong. Bravo OZRK!

Community Bank 60

Community Bank Apple Community Technology 60

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.

Millennials 45

Millennials social media User Experience Mobile 45

PYMNTS

JANUARY 14, 2017

For all but the most well-capitalized early in life, the ability to borrow funds is critical — at least if one wants to get a college degree, own a car or a buy house. That is a big drop from the 2015 report that indicated that 21 percent of consumers thought they were going to leave their descendants nothing but debt. More good news.

Millennials 100

Millennials Data Cards Google 100

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. They make up close to 25% of the total US population and are by far the wealthiest generation — and will continue to be so until at least 2030, according to a 2015 Deloitte study. . Source: Capital One. Source: Deloitte. Source: Kindur .

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

MAY 28, 2019

The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others. percent – is the total compound annual growth rate (CAGR) of the mobile payment transaction market from 2015 to 2020. Additional setups or third-party apps are not needed.

Apple 159

Apple Mobile Fraud United States 159

PYMNTS

MAY 2, 2017

billion — a 14 percent increase from 2015. And now it seems credit cards are coming to the party — Capital One, Synchrony and Discover Financial have all increased their loan-loss provisions and reported increasing delinquencies. Capital One reported a write-off rate of 5.1 Capital One reported a write-off rate of 5.1

Millennials 103

Millennials Capital Lending Cards 103

CB Insights

OCTOBER 4, 2016

In 2015 the sector recorded its fourth consecutive year of double-digit sales growth. Millennials, in particular, want local, organic foods, and value transparency in ingredients. To capitalize on these trends, we’ve seen a … Continued. American interest in organic food is growing.

Millennials 57

Millennials Trends Capital 57

PYMNTS

NOVEMBER 4, 2016

In 2015, 15.8 They capitalize on specialized skills like photography or graphic design. The Millennial Majority. You might know these folks as millennials, and they comprise only 23 percent of the non-gig workforce. Here are the seven “need to know” points that tell the story. Fast Growing. percent of Americans in 2005.

Millennials 100

Millennials Survey Comparison Industry 100

PYMNTS

SEPTEMBER 16, 2016

The capital city is Mexico City, which alone is home to almost 9 million. The nation’s capital is also one of the world’s largest cities. The global accelerator has more than 40 Mexican startups in its portfolio, and Lomelî believes the capital will soon see its own tech explosion. A Fresh Start For Mexico City.

Fintech 100

Fintech Capital Mobile Millennials 100

PYMNTS

JUNE 27, 2019

is down this year compared to 2017, particularly with millennials, and that baby boomers are now the new drivers of the movement.” In fact, it is expected to produce global revenue of $335 billion by 2025, up from $15 billion in 2015, according to one recent estimate.

Puerto Rico 109

Puerto Rico Los Angeles San Francisco Millennials 109

PYMNTS

SEPTEMBER 6, 2017

percent increase in travel spend among corporations each year between 2015 and the end of the decade. To that end, TravelBank is introducing a rewards program to help employees in smaller companies gain rewards by booking cheaper travel — and just scored $25 million in venture capital for it. The figure represents a 5.6

How To 130

How To Cards Industry Trends 130

PYMNTS

AUGUST 26, 2019

Instagram has been particularly crucial to building its loyal following among millennial and Gen Z shoppers, with a follower count of 450,000 and growing. The brand’s “big break” moment occurred after they had been in business for about four years, when in 2015 it secured a spot on the shelves at Sephora.

social media 109

social media Branding Capital Millennials 109

CB Insights

MARCH 14, 2018

Millennials stand to inherit approximately $30T from their parents, the baby boomers, in the coming decades, and both upstarts and advisors are vying for a piece of the pie. Millennials are now the largest generation in the workforce and 2x more likely than the average investor to make a sustainable investment. What’s at stake?

Millennials 53

Millennials Trends Management Company 53

Banking 2020

JANUARY 28, 2016

This article by Stefanie O’Connell first appeared on stefanieoconnell.com in December 2015. This article is written by me with support from Capital One in conjunction with the release of the brand new Millennial Mindset on Money Survey. If you’re a millennial, your answer is probably pretty boring – smart, but boring.

Millennials 40

Millennials Survey Capital System 40

PYMNTS

SEPTEMBER 14, 2016

And 2015 was a good year for the middle class, as median household income rose to $56,516, a 5.2 Millennials don’t seem to be feeling Banana Republic any longer, according to a study by RBC Capital Markets. Forty-eight percent of millennials polled said they disliked the chain, compared to only 22 percent who said they liked it.

Los Angeles 100

Los Angeles Apple Millennials Retail 100

PYMNTS

JUNE 27, 2017

And as men – particularly single millennial men with a fair amount of discretionary capital to put toward the project – are moving toward a more pro-grooming stance – the market is moving quickly to catch up. Just this week, men’s grooming start-up Oars + Alps bagged $1.3

Millennials 116

Millennials Marketing Capital Branding 116

PYMNTS

JULY 18, 2016

Heck, even dollar stores have been making a comeback of late, fueled in large part by those cost-conscious millennials. sales in 2015, which was a $2.2 More than half of them are 45 or above, according to the study, while millennials only make up 16 percent of this demographic. So, what’s going on here? billion in U.S.

Branding 100

Branding Retail Study Portland 100

PYMNTS

JULY 11, 2016

Cat & Jack is Target’s newest vision — a line of baby and kids clothes, approved by kids, featuring funky colors and cooler cuts — and it is a big move on the rapidly growing market for kids clothes among newly reproducing millennials. And of course, a big risk.

Millennials 100

Millennials Retail Houston Guidelines 100

CB Insights

DECEMBER 7, 2017

Banks have receded from mortgage lending for a host of reasons, principally because the cost of complying with strict regulation from the Consumer Financial Protection Bureau on loan qualification and capital requirements has made the business more expensive. Driver 3: Individuals’ debt burden forces them to find alternative lenders.

Millennials 69

Millennials Lending United States Technology 69

PYMNTS

AUGUST 14, 2017

In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. The media is now doing all kinds of piling onto Snap, claiming that they’re not worth the paper the IPO was printed on. What a difference two years makes. Investors put $2.65 billion more.

Innovation 109

Innovation Online Google Millennials 109

Jeff For Banks

MARCH 20, 2016

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

Risk Management 60

Risk Management Virginia Capital Comparison 60

PYMNTS

MARCH 23, 2018

Millennials across America singing “I’m a Toys R Us kid” in as solemn a fashion as possible this week are a testament to that. By the time the Times Square Toys R Us megastore closed in 2015, it was already too late for the chain. Charles Lazarus certainly accomplished a lot in those 94 years. Stores became more and more dated.

US 122

US Industry Washington Company 122

CB Insights

JULY 15, 2017

In 2016, Indian tech companies closed 965 deals , a 10% increase from the 881 closed in 2015. As a result the investment total for 2016 was $3.4B, lower than both 2015 and 2014. Venture Capital. Our table features both India-based and foreign venture capital funds. Asia Tech Investment Report. Corporation/CVC.

Capital 53

Capital Google Trends Company 53

PYMNTS

JULY 13, 2016

Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. “I believe we can take those stores and make them better with some capital, improved assortment and mix of products.” ” Layoffs.

California 100

California St. Louis Retail Branding 100

PYMNTS

APRIL 27, 2016

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. That would be millennials, ages 18–29, with 64 percent saying they prefer to use cards even for transactions under $5.

Taxes 100

Taxes Colorado Alaska Cards 100

Independent Banker

NOVEMBER 25, 2015

See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.). Consider the 80 million millennials who would rather manage their finances with a smartphone app than visit a bank branch. Now it has a small-business financing program, Square Capital.

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

JULY 6, 2018

Though millennial parents were hit with nostalgia, when it comes to the world of toy sales going forward, market watchers of all kinds have been asking themselves the same question for weeks: Now what? Geoffrey the Giraffe is, sadly, no more. FAO Schwarz Returns To Manhattan.

US 101

US Retail Branding New York City 101

Jeff For Banks

MAY 31, 2017

In Brett King's 2012 book, Branch Today, Gone Tomorrow , he called for a 50% reduction in branches while asking what would banking look like in 2015. Between 2012 and 2015, there was a 4% branch reduction. The decline between 2015 and 2016 was 1.5%. The red: millennials. As Bob Uecker would say, " Just a bit outside. "

Branch Strategies 60

Branch Strategies Groups DC Fintech 60

CB Insights

AUGUST 16, 2017

Last quarter, the US unicorn “birth rate” ticked up significantly as 9 new VC-backed companies reached $1B+ valuations (compared to only 3 companies in Q1’17), the highest quarterly total since the close of Q3’15, according to our Q2’17 Venture Capital Funding Report with PwC. Valuation: $1.4B. Clover Health.

Meeting 68

Meeting US Capital North Carolina 68

Fintech Labs Insights

SEPTEMBER 22, 2015

The Latest FinTech Innovations For Millennials. By Millennial EH. Mobile, onboarding among dominant themes at FinovateFall 2015. Finovate Fall 2015: Day 1 Recap + 5 Highlights (and some interesting tidbits). Finovate Fall 2015: Day 2 Recap + 8 Winners. Finovate Fall 2015, Day One: Live Blog. Celent blog.

Millennials 12

Millennials Video New York Innovation 12

CB Insights

OCTOBER 10, 2017

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” A host of startups have emerged to capitalize on this trend. Bankrate found 83% of millennials don’t think they’ll ever retire: they simply “don’t think they’ll have the money” to do so.).

Tools 78

Tools Millennials US Maine 78

Fintech Labs Insights

DECEMBER 8, 2015

What happens when a millennial microlending app teams up with the white-label API of a digital payment network? demonstrating FiSync at FinovateSpring 2015. . demonstrating FiSync at FinovateSpring 2015. And in September, Dwolla teamed up with Comenity Capital Bank to add a new credit payment feature to its platform.

Millennials 12

Millennials Iowa Payments Resources 12