Remove Marketing Remove Millennials Remove San Francisco
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Millennial-Focused Digital Bank Empower Finance Raises $20M

PYMNTS

San Francisco-based Empower Finance, a mobile banking app aimed at helping millennials save wealth, has raised $20 million in a Series A funding round led by Defy Ventures and Icon Ventures, according to a report. The opportunity is large in the sector, as digital banks represent only about 3 percent of the overall market.

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Shifting The Used Car Market Into Overdrive

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He is the cliché of a profession that has a lot of suede sheen on it, but at least one company is in the market to bring used car sales into the digital future. “We It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4

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Millionaires, Millennials And The Great Avocado Debate

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Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

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DoorDash IPO Price May Come In Higher Than Targets

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They’re impressed by the delivery company's ability to stay on top of the market and show profits. market, which the company said shows the large potential it has to keep expanding into new markets. The IPO market has been quiet in December in years past, but this year it looks to be bustling.

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Enticing Millennials With Experiences Using ?Neighborhood Goods?

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The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. In general, he said, many brands find the Dallas-Fort Worth area to be among their top cities, and markets such as Plano are less costly to open in than those larger cities.

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Wine.com Uncorks A Vintage Year

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Millennial purchases grew 36 percent in 2019, which Bergsund sees as the key to what he calls the next generation of wine drinkers. Millennials are leading a premium trend for wine. Millennials are also leading a trend in high-end spirits, which will be a focus for 2020. Revenue from the company’s mobile app grew 60 percent.

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Cleo Raises $44 Million In Series B For Digital Financial Adviser Platform

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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. Cleo bills itself as a digital financial assistant and adviser for Generation Z.