PYMNTS

OCTOBER 15, 2020

But Levin, whose extended warranty startup just raised $40 million from PayPal and other backers, told Karen Webster in a recent conversation that his firm has managed to boost that as much as sixfold. Meritech Capital led the funding round, with participation from existing investors Great Point Ventures and Shah Capital Partners.

Online 334

Online Exercises Retail Capital 334

PYMNTS

DECEMBER 14, 2020

After Capital One’s decision this week to halt future credit card linkage to BNPL plans because of concerns that they carry risks consumers don’t understand, Molnar said the mandate will not hurt Afterpay. We'll obviously continue to engage with Capital One around their decision, but we see no major impact on our business.”.

US 322

US Retail Cards Millennials 322

PYMNTS

DECEMBER 11, 2020

The round was led by EQT Ventures and joined by existing investors Balderton Capital, LocalGlobe and SBI. Its platform, which has 4 million Gen-Z and millennial users, provides customers with insight into their finances and data to make financial decisions. market, and make additional management hires in the San Francisco Bay Area.

San Francisco 227

San Francisco Survey Millennials Management 227

Bank Innovation

MAY 16, 2019

KOHO, with its millennial friendly aesthetic and messaging, currently offers its users debit cards, personal finance management tools and cashback features. KOHO, a Toronto-based digital banking startup, has raised C$42 million (US$31 million) in a Series B round to add new products and services.

Millennials 186

Millennials Digital Banking Tools Innovation 186

PYMNTS

APRIL 24, 2017

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. And hackers have managed to hit about 1,200 InterContinental Hotel locations in the U.S. — Some of the names floated so far in the context of the sale: Amazon, Walmart, KKR, Bain Capital, TPB and Blackstone.

Millennials 109

Millennials Cards New York Branding 109

Bank Innovation

JUNE 28, 2018

Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal financial management app for millennials, MoneyLion, according to company CEO Farhan Ahmad. For the task, San Francisco-based Bento raised $9 million in a new round of funding today.

San Francisco 170

San Francisco Millennials Tools Management 170

Bank Innovation

APRIL 6, 2016

The branchless financial institution Ally Bank is expanding its offerings with the upcoming acquisition of TradeKing, a wealth management platform, announced yesterday. Ally had floated this ambition back in February. Ally has been adding to the functionality of its mobile app at a fast clip recently.

Management 150

Management Mobile Millennials Operations 150

Perficient

JULY 12, 2022

Across financial services – industries such as banking, wealth management, and insurance – the need for greater personalization has been a theme for several years. population is considered Millennial or younger, as of July 2019) , the demand for personalization grows. population (just over half of the U.S.

Industry 294

Industry Branding Customer Experience Marketing Automation 294

Bank Innovation

JANUARY 5, 2017

The fees and barriers to entry are lower, and millennials can do it all from their smartphones. By now, traditional investors are familiar with the threat coming from roboadvisors. But roboadvisors face considerable challenges of their own. Among other issues, standalone roboadvisors have steep customer acquisition costs.

Millennials 223

Millennials Capital Online Management 223

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. 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.

Millennials 77

Millennials Mobile Lending Cards 77

Abrigo

SEPTEMBER 26, 2017

For example, according to a recent poll during the Sageworks Risk Management Summit, 39 percent of bankers say it typically takes their financial institutions from three to six weeks to close a new commercial loan, and another 36 percent said it takes more than six weeks. Read more about traits of millennial business owners here.

Millennials 150

Millennials Risk Management Capital Lending 150

PYMNTS

JUNE 29, 2020

When Bolun Li was in high school, a local bank came in and offered a heavily branded PowerPoint presentation about financial services and money management to students who reacted pretty much the way one would expect. The company hasn’t yet set about raising funds via venture capital. The startup has added a direct incentive.

Millennials 263

Millennials Taxes Cards Fintech 263

PYMNTS

JANUARY 21, 2020

On-demand access to wages is quickly penetrating the payroll space, and Paylocity CEO Steve Beauchamp says employers are only just beginning to get used to an idea that young millennial and Gen Z workers today consider the norm. “We Moving forward, Beauchamp said he sees this demand having even greater disruption on the payroll arena.

Millennials 170

Millennials Management Payments Compliance 170

PYMNTS

OCTOBER 1, 2020

Hims , a direct-to-consumer (D2C) company selling health products targeted at millennials, is going public via a special purpose acquisition company (SPAC), CNBC reported. The SPAC will be sponsored by investment management firm Oaktree Capital Management.

Millennials 160

Millennials Report Trends Company 160

PYMNTS

SEPTEMBER 23, 2020

The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. Sequoia, Andreessen Horowitz and 9Yards Capital are among some of the backers providing the new funds.

Arizona 178

Arizona Customer Experience Texas Millennials 178

Abrigo

DECEMBER 15, 2016

which means their capital needs fluctuate. The Federal Reserve study also found that 20 percent of small business owners cited managing cash flow as their biggest challenge, even more so than costs, regulation or taxes. This is compounded by the growing trend of Millennial small business owners. Small businesses in the U.S.

Lending 150

Lending Millennials Study Survey 150

PYMNTS

FEBRUARY 14, 2020

Afterpay went for its IPO about nine months after its first-ever capital raise. And the first big challenge was explaining that Afterpay isn’t a credit card and does not aspire to be one because millennial consumers don’t want the kind of revolving debt that goes along with one. But in Australia, Afterpay Co-Founder and U.S.

Millennials 159

Millennials Retail Management US 159

PYMNTS

AUGUST 15, 2017

The growing popularity of mobile order-ahead is hardly news in the restaurant industry, where customers — especially millennials — crave the convenience, speed and personalization of a mobile ordering experience both in quick-service restaurants (QSRs), coffee shops and fast-casual dining environments.

Mobile 193

Mobile Millennials Survey Technology 193

PYMNTS

DECEMBER 10, 2020

It’s also a play to capture TikTok’s Gen Z and millennial audience. Additionally, Replika has a platform for brands to expand and manage the relationships with these social sellers. After announcing a test of shoppable Reels in October, the company has formalized the effort with a global shoppable video rollout. percent to 35.3

social media 257

social media Video Branding Online 257

PYMNTS

DECEMBER 17, 2019

The company’s Series B round was led by GGV Capital. Eldridge Industries, Tribeca Venture Partners, 3L Capital, Softbank NY, Upper90 and Tenaya Capital also participated. Airbnb has taught us that hotels are not the only to stay,” Hans Tung, GGV Capital’s managing partner, told TechCrunch.

Marketing 101

Marketing Millennials Capital New York 101

PYMNTS

MAY 29, 2019

The company said it will use the capital to invest in growth and add some muscle to its $2.3 It has around $12 billion in assets under management. Previous SoFi investors include SoftBank Capital and Peter Thiel. The private capital space has attracted a lot of interest lately: Investments in the area grew to $4.4

San Francisco 116

San Francisco Capital Millennials cryptocurrency 116

PYMNTS

JUNE 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. By the same token, Capital One has brought three Capital One Cafes in Chicago.

Chicago 120

Chicago New York City Florida Miami 120

PYMNTS

MARCH 6, 2019

More women have finished college and started businesses, as well as work outside the home and fill management or supervisory blue-collar positions, than at any previous point in U.S. 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.

Regional 179

Regional Capital Study Leadership 179

PYMNTS

MAY 4, 2020

Robinhood Markets, coming off a new $280 million funding round backed by Sequoia Capital, has seen its value and services expand during the coronavirus pandemic, according to a Reuters report. 1 on PYMNTS’s personal finance rankings , with its commission-free trading being popular and new money management features also giving it a boost.

FDIC 131

FDIC Fintech Millennials Management 131

PYMNTS

NOVEMBER 13, 2017

Luckily, research from Bank of America, Wells Fargo, Capital One and others often point to one thing: Despite the challenges, small businesses are optimistic. That doesn’t mean non-millennial entrepreneurs are necessarily struggling, though. billion in working capital is on the books for U.K. Eighty-one percent of U.S.

Taxes 105

Taxes Survey Capital America 105

Abrigo

SEPTEMBER 2, 2020

Banking technology and digital offerings have long been associated with the preferences of Millennials and Gen Z, but the coronavirus has quickly reshaped banking behaviors. Capitalizing on PPP innovations for a better experience. Credit Risk Management. A relationship-based, community focus in a digital world. SBA Lending.

Lending 259

Lending Community San Antonio Survey 259

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. A separate survey from management consulting firm Bain & Co. It has also meant working in anticipation of the changing needs of millennial users.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Bank Innovation

JULY 13, 2017

What it won’t be doing with the influx of $40 million in fresh capital (bringing its […]. The micro-investing startup will be enhancing its platforms as well as building out new products and services thanks to the Series C round of funding it announced today.

Analytics 210

Analytics Capital Data Millennials 210

PYMNTS

MAY 23, 2019

Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. The company plans to market its card to credit-wary millennials who want to avoid getting into a deep debt cycle, but who also want the incentives of owning a credit card.

Cards 135

Cards Millennials FDIC ATM 135

PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo raised $12 million in a funding round led by Stripe, and also including existing investors Y Combinator and Global Founders Capital, and new investor Bedrock Capital. Why Millennials And Gen Z Could Save 2020's Holiday Shopping Season. Amazon Debuts Men's Subscription Shopping Service.

Payments 148

Payments Apple Survey Seattle 148

PYMNTS

OCTOBER 22, 2020

The panel included: Doug Bergeron , managing partner at Hudson Executive Capital ; Ian Drysdale , executive in residence at Great Hill Partners ; Amit Jhawar , venture partner at Accel and Rick Roberts , analyst and portfolio manager at Vulcan Capital. Where The Money Is Going. And Who’s Got It .

Fintech 169

Fintech Capital Innovation Data 169

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Behind Sysco’s Spend Management Switch To Cards. Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G. Colombia Blocks Uber From Using Its Ride-Hailing App.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

JUNE 7, 2018

Tina has a hands-on and unique perspective of what community banks are looking for in terms of actual products, managing vendor relationships and delivering on consumer needs,” Rainey said. ICBA was a driving advocacy force behind the bill, keeping the bill in the form that managed to make it through both houses of Congress.

Community Bank 157

Community Bank Community Millennials Regulation 157

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Download the free report to find out how fintech is shaping the future of wealth management and investing. Money management tools are helping people stay independent. Source: Capital One. get the REPORT on next generation investors.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

MAY 28, 2019

The generational breakdown for Erica’s use is 15 percent from Gen Z, 49 percent from millennials, 20 percent from Gen Xers and 16 percent from baby boomers. Bank of America also said it doubled the ways customers can ask questions, from 200,000 at Erica’s launch to 400,000, by learning from everyday conversations with customers.

America 135

America Millennials Digital Banking Capital 135

CB Insights

DECEMBER 15, 2020

Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. Digitization will be crucial for wealth managers looking to capture or retain this generation of clients. In turn, this is driving revenue for big banks. .

Management 87

Management Fintech Industry Trends 87

PYMNTS

JUNE 8, 2018

Human capital management company Ceridian HCM Holding announced on Thursday (June 7) a new feature of its Dayforce HCM solution that can help business users address issues with employee retention. Ceridian announced Dayforce Flight Risk, a solution that uses predictive analytics to forecast when an employee may be ready to quit.

Survey 122

Survey Millennials Tools Analytics 122