PYMNTS

SEPTEMBER 18, 2019

The New York-based FinTech company Petal has announced a $300 million debt round from global investment bank Jefferies, adding to existing venture capital investments from Peter Thiel’s Valar Ventures, Rosecliff Ventures and others, the company announced in a press release on Wednesday (Sept. ABS capital markets for Jefferies.

Cards 133

Cards Capital New York Millennials 133

PYMNTS

APRIL 5, 2019

Silicon Valley-based financial services startup Earnin has potentially run afoul of New York State regulators with its payday advance product for consumers. Investors also like the firm — in December the firm announced $125 million in funding from Andreessen Horowitz, DST Global and Spark Capital.

Regulation 100

Regulation New York Lending Capital 100

PYMNTS

DECEMBER 9, 2019

Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. SoGal was co-founded by Pocket Sun and Elizabeth Galbut in 2016 and is headquartered in New York City.

Las Vegas 136

Las Vegas San Antonio New York City Detroit 136

PYMNTS

DECEMBER 10, 2020

It’s also a play to capture TikTok’s Gen Z and millennial audience. According to MarketWatch , L’Oréal is making a “minority investment” in Replika via its venture capital fund, BOLD Business Opportunities for L’Oréal Development. Comscore data says the share of U.S.-based based TikTok users between 25-34 years old increased from 22.4

social media 257

social media Video Branding Online 257

PYMNTS

JANUARY 15, 2019

Visa said Monday evening at a New York gathering in anticipation of the launch that events through a year-long campaign will include interactive workshops, tailored on a community-by-community basis. Kereere said that to date there has been “not enough conversation” around the issues that are being explored through the new program.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

MARCH 3, 2017

A number of major retail studies have shown that millennial consumers value the sustainability of brands and products when making purchases. million dollar Series A venture funding led by FirstMark Capital with additional participation from Contour Ventures, Humanity United and Serious Change LP, among others.

New York 100

New York Millennials Capital Branding 100

PYMNTS

JUNE 8, 2020

First, they’re often more likely to have cash and other liquid capital at their disposal and don’t tend to rely on credit cards as an income-smoothing tool. According to the New York Federal Reserve , credit-card users in the wealthiest ZIP codes average roughly $14,000 of available credit to draw on. .

Cards 144

Cards Millennials New York Lending 144

PYMNTS

AUGUST 1, 2019

small hotel rooms are the rule, not the exception, and even here in the states the idea has been floating around since 1989 when the Microtel brand began first offering its half-sized, half-priced hotel rooms in Rochester, New York. I really think the genesis of that is coming from millennials. In many locations outside the U.S.

Washington 109

Washington New York Millennials United States 109

PYMNTS

JANUARY 30, 2020

30) from the Columbia Spectator , which covers news important to students at Columbia University and Barnard College in the global fashion capital of New York City. Even so, “Forever 21 bankruptcy signals a change in consumer tastes,” The New York Times declared.

Retail 142

Retail New York City New York social media 142

PYMNTS

JANUARY 27, 2020

It seems that old-fashioned video games are that hot new item, assuming they are in pristine condition and come in factory packaging, according to a new report in The New York Times. As that reports notes, “Older generations’ basements and attics are full of boxes of ‘stuff’ that was collected in the past.

Video 226

Video Trends New York Report 226

PYMNTS

MAY 26, 2017

For them, every minute counts, and access to money to help fulfill big orders or make capital purchases is critical.”. Analysis from The New York Times last month found the company is growing concerned about its inability to gain traction with millennial spenders, for instance. “In the U.S.,

Cards 101

Cards New York Millennials Analysis 101

PYMNTS

SEPTEMBER 21, 2017

The brick-and-mortar experience of Toys“R”Us most millennials remember from childhood — with its massive supply and aisles upon aisles of toys — is looking likely to become a relic of a bygone era in retail. We haven’t had the capital to do it.”. We want] toys out of the box and into the hands of kids,” Brandon said. “We

US 115

US New York City New Jersey New York 115

PYMNTS

NOVEMBER 9, 2018

But a new report from the Federal Reserve Bank of New York and the U.S. Social Capital. One of the most common reasons cited was social capital. Bill still entices young people to join the military, and still benefits veterans after they leave service. SMB Financing Woes.

Capital 152

Capital Report Trends Cards 152

PYMNTS

SEPTEMBER 19, 2018

They are increasingly seeing the upper-end of their prime demographic, a group PYMNTS titled bridge millennials. Looking at the data, a significant minority of bridge millennials report Amazon as their preferred shopping destination (19 percent), while a full a 50 percent noted that their preferred commerce experiences are omnichannel.

Millennials 138

Millennials Montana social media Branding 138

PYMNTS

MARCH 6, 2019

Mostly recently, New York U.S. Yes, Instant Pot-side chats are the fireside chats of the millennial generation. Somewhat more seriously, the Instant Pot also seems to be the beloved dinner prep tool of the millennial generation. A hybrid gadget that works as a pressure cooker, slow cooker, rice maker or bread maker has 1.8

Branding 108

Branding Millennials Innovation Marketing 108

PYMNTS

NOVEMBER 9, 2018

” Dormify will launch an even more personalized online shopping experience that allows their millennial and Gen Z customers to easily visualize and decorate their future spaces. Two years ago, the New York-based e-tailer revealed that it had seen a 92 percent increase in revenue from email marketing and doubled its web conversion rate.

New York 135

New York Leadership Millennials Branding 135

PYMNTS

DECEMBER 18, 2018

When you think about millennial couples today, they are unlike any previous generation. Their next big jump forward will be into physical retail, with Zola’s first brick-and-mortar store set to be up and running in New York City next year. They tend to live together before they get married. ”

New York City 166

New York City Branding Millennials User Experience 166

CB Insights

FEBRUARY 5, 2020

Gabi , a San Francisco-based digital broker for home and car insurance, raised a $27M Series B led by Mubadala Capital. Capital, AngelList, Burst Capital, Canvas Ventures, CMFG Ventures, Correlation Ventures, Northwestern Mutual Future Ventures, Project A Ventures, and Securian Financial Group also participated in the round. .

San Francisco 42

San Francisco New York Capital New Jersey 42

PYMNTS

APRIL 19, 2016

Todd Smith, president and CMO at Sonic, told MarketWatch that this campaign comes from the company’s long experience with the millennial demographic. “The millennial target isn’t a new target for us, nor is it a customer that’s foreign to us,” Smith said. “We We want to make them even bigger superfans of the brand.

social media 100

social media Millennials San Francisco California 100

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. The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

APRIL 11, 2016

Depending on your persuasion, millennials’ generational lack of interest in buying real estate can be chalked up to their inherent indolence, their preference for communal and urban living arrangements or their lagging finances.

Chicago 100

Chicago Millennials Exercises Management 100

PYMNTS

JUNE 12, 2018

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. They all had a pretty tough time and took losses a lot more than expected,” said Henry Song, a portfolio manager at Diamond Hill Capital Management Inc. ” Will those securities pay?

Lending 116

Lending Security Philadelphia Dallas 116

PYMNTS

DECEMBER 4, 2017

As announced in November , the company raised $11 million in Series A funding, culled from the London-based Atami Capital, with the participation of several other firms. The roster of cities tops 21, and the most active locales, as CEO Ajay Yadav told PYMNTS’ Karen Webster in the latest Topic TBD, include New York and San Francisco.

San Francisco 103

San Francisco New York Chicago Capital 103

PYMNTS

APRIL 13, 2019

The Saturn Sisters , incidentally, are not actually related: They are best friends and astrologers (astrology bloggers) who met at a New York City brunch and found their mutual “core value to make the world a better place through astrology.”. million in venture capital, assisted by Lorne Michaels’ incubator.

Millennials 136

Millennials Retail New York City Branding 136

PYMNTS

MARCH 6, 2017

A number of major retail studies have shown that millennial consumers value the sustainability, health value and organic nature of brands and products when making purchases. In the study, Acosta found that nearly 73 percent of millennials surveyed reported spending time on product researching before spending a dime.

Study 101

Study Millennials Retail Trends 101

PYMNTS

JULY 1, 2019

Flash forward to 2018, and the brand had successfully made that more consumer-centric push as more millennials discovered the joys of plant ownership. million in venture capital funds The Sill has raised, is to continue to grow out and scale the businesses. And the goal, with the now $7.8

Online 109

Online New York Millennials Branding 109

Fintech Labs Insights

DECEMBER 15, 2016

In a round led by Flint Capital, digital identity verification technology specialist Socure has raised $13 million in funding. Featuring participation from ff Venture Capital, Santander InnoVentures, and Two Sigma Ventures, this week’s investment takes Socure’s total financing to more than $17 million.

Capital 12

Capital New York Compliance Millennials 12

PYMNTS

MAY 10, 2016

Individuals who may not have traditional access to credit, such as millennials, immigrants, the unbanked, etc., New York Attorney General Eric Schneiderman challenged the banks publicly to address this issue. New York Attorney General Eric Schneiderman challenged the banks publicly to address this issue.

Fraud 100

Fraud New York Data Millennials 100

PYMNTS

OCTOBER 28, 2016

Coinsource, America’s largest bitcoin ATM provider, just announced proudly that the company now has 55 ATM kiosks, after adding six new ones in California — four in Los Angeles and two in San Francisco. The average rate of a new bitcoin ATM? The math comes out to one per week. What about gift cards?

Bitcoin 100

Bitcoin ATM Cards Los Angeles 100

PYMNTS

DECEMBER 27, 2019

The $26 billion deal is being heard in federal court in New York and could wrap up on Friday. Among the common themes to emerge: Change will come to the point of sale (POS), moved by the continued pivot to contactless ways to pay — and the demographic change that will bring the mighty millennial more buying power.

Taxes 101

Taxes Mobile Management blockchain 101

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

PYMNTS

OCTOBER 11, 2018

The app that got famous for its disappearing messages is looking like it will either need to raise a some capital by sometime in 2019 or run the risk of going broke, according to a note by MoffettNathanson. Snapchat , according to recent reports , is having cash flow troubles.

Apple 181

Apple social media Millennials Report 181

PYMNTS

FEBRUARY 20, 2018

According to the New York Federal Reserve, household debt surged in the final quarter of 2017 to $13.15 Capital One , for example, opened the year with earnings that reflected higher quarter-over-quarter and year-over-year defaults, and a jump of 5 percent in credit loss provisions. Rising Consumer Debt.

Lending 105

Lending Cards America New York 105

William Mills

AUGUST 17, 2016

Between September and October, we’ll see a host of new companies, ideas and innovation, and we’ll hear from the “experts” on those issues we need to pay attention to in 2017. Alternative lenders are learning more about fraud to their dismay and access to capital. The best quote I’ve heard recently is, “Anyone can lend money.

Conference 40

Conference Innovation Las Vegas Colorado 40

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? Unlike KB, this isn’t a quick stop in the market for the holidays — the new FAO is back full-time in the city.

US 101

US Retail Branding New York City 101

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. The Tech Award – Goes to Capital One. Best of luck in the next chapter, Chris!

Idaho 148

Idaho Conference Data Marketing 148

CB Insights

SEPTEMBER 4, 2019

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

Millennials 78

Millennials Industry Branding social media 78