Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

CB Insights

MARCH 27, 2019

Over the next few decades, baby boomers and Gen X will pass on $30T in wealth to the millennial generation. More than any other generation, millennials are interested in the idea that their investments will have a positive global impact when it comes to issues like sustainability and climate change. PREPARE FOR THE FINTECH FUTURE.

Millennials 77

Millennials Fintech Trends Report 77

PYMNTS

JUNE 29, 2016

A lot of millennials are still living at home with their parents, but as more and more of them begin moving out in the coming years, they could have a significant impact on both the housing and rental markets. So what will fuel this significant growth in new millennial households? million households in 2014, while 11.4

Millennials 101

Millennials Study Trends Marketing 101

PYMNTS

MAY 6, 2017

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms. Now that seems to be true even in fashion.

Millennials 101

Millennials Branding social media Operations 101

PYMNTS

SEPTEMBER 8, 2016

Maybe millennials really are a self-centered bunch? Of those surveyed, 63 percent bought these types of cards this year, compared to 61 percent in 2015 and 56 percent in 2014. New data suggests that they are buying more gift cards than ever before but then turning around and spending those cards on themselves.

Millennials 100

Millennials Cards Retail Survey 100

Bank Innovation

DECEMBER 15, 2017

Another digital banking startup has raised funding this week, this time to expand a current account offering aimed at students and millennials. Loot, a startup begun in 2014 by founder Ollie Purdue — who was finishing up school at the time of the company’s founding — has raised £2.2 million, or about $2.9 million, in […].

Digital Banking 191

Digital Banking Millennials Capital Mobile 191

PYMNTS

JANUARY 7, 2021

2014 : The year that healthy pet food company Freshpet went public. 75% : Share of millennials who are actively changing their consumption habits to help the environment. And in banking, more than a year has passed since the Central Bank of Mexico (Banxico) has rolled out the Cobro Digital (CoDi) digital payments platform.

Retail 141

Retail Payments Millennials America 141

PYMNTS

JANUARY 20, 2020

The company had come a long way from its launch in 2014, when it had about 10 retailers signed on to offer Afterpay as a payment option during checkout. Millennials were still a pretty small percentage of retail spend in 2015,” Molnar said. The firm has not fundamentally altered the product since its 2014 launch, Molnar pointed out.

US 157

US Millennials Retail Payments 157

PYMNTS

OCTOBER 4, 2020

Hims , a direct-to-consumer company selling health products targeted at millennials, is using a SPAC to go public , for example. Michael’s experience also includes a role as chief operating officer of Klout, an online personal influence measurement tool that was sold in 2014, the report stated. The trend has grown in recent months.

Google 257

Google San Francisco Capital Millennials 257

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

Image Works Direct

DECEMBER 14, 2016

According to the National Association of Realtors ® , the number of millennials buying homes in the U.S. homebuyers for the third year in a row – making up 32% of homebuyers in 2014 and 35% in 2015.* continues to increase. In fact, in 2015, this generation comprised the largest group of U.S.

Millennials 28

Millennials National Groups 28

Perficient

FEBRUARY 9, 2021

And that was back in 2014. Millennials — digital natives with arguably the greatest generational spending power — “have the lowest opinion of most industries’ digital services,” according to the same report. Since then, our “voracious appetite” has pried opened a massive gap between expectation and reality.

Meeting 309

Meeting Customer Experience Millennials Branding 309

Payments Source

DECEMBER 18, 2017

Loot has been in development since 2014 and has raised a total of more than $7 million thus far.

Millennials 74

Millennials Payments Cards 74

PYMNTS

OCTOBER 21, 2020

Before 2014, talking to a virtual assistant and instructing it to turn on the lights, start the dishwasher or order up the groceries was the sort of thing the average consumer would more expect to see in a science fiction or superhero movie than in their house. But the release of Alexa and the first Amazon Echo changed all that.

Millennials 150

Millennials Retail Report Mobile 150

PYMNTS

APRIL 23, 2018

Between 1999 and 2014, the fast-casual dining space grew by 550 percent and is projected to reach a revenue of $66.9 With millennials carrying much more student debt than prior generations, this could be a contributing factor in how much money and time they’re willing to spend on food. billion by 2020.

Millennials 122

Millennials social media Branding Study 122

PYMNTS

MAY 25, 2018

TransUnion found that in 2016 — the most recent data available — almost 75 percent of millennials did not pay their medical bills in full. In 2014, 68 percent of millennials failed to pay the full amount of their medical bills, a sign that the problem is getting worse for those charged with recouping expenses.

Technology 166

Technology Payments Millennials blockchain 166

PYMNTS

NOVEMBER 2, 2020

consumer seems happy to test the waters — and none more so than the coveted bridge millennials. According to PYMNTS survey data, nearly three times as many bridge millennials are Amazon Prime members as Walmart+ members. But three in 10 bridge millennials already report having both, just a month in. Those are the 47 million U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

JUNE 4, 2019

Domino’s had already enabled in-car ordering with Ford’s Sync AppLink back in 2014. Mobile Ordering Appeals to Millennials. According to the PYMNTS Commerce Connected Playbook, nearly half (48 percent) of millennials said they would rather not eat at all than wait in long QSR lines. Meeting consumer demand is vital. percent.

Millennials 184

Millennials Google Mobile Report 184

Jeff For Banks

JULY 5, 2022

Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?" There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs. Because that is what millennials needed at the time. We can ignore millennials no more.'

Millennials 78

Millennials Community Pennsylvania Community Bank 78

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

PYMNTS

JUNE 7, 2017

And digital wallet adoption is growing at a slow but steady rate, with 13 percent of consumers indicating they have used a digital wallet in the last 30 days, up from 11 percent in 2015 and 8 percent in 2014. Fifteen percent of consumers said they had used a digital wallet in the past year.

Survey 115

Survey Mobile Millennials Cards 115

PYMNTS

JANUARY 14, 2017

In this year’s report, 24 percent of respondents said they had no debt at all, up from 22 percent last year and 14 percent in 2014. About 60 percent of younger millennials think they can wipe out their debt by age 30. More good news. Because the data might indicate that things are on the upswing — and we sure hope they are.

Millennials 100

Millennials Data Cards Study 100

PYMNTS

DECEMBER 13, 2018

Robinhood went live in 2014 and since then it has amassed more than 4 million users. Robinhood resonates with millennials because of its no-fee structure, full transparency and use of a mobile app. Customers are drawn to its minimalist app that lets people invest in stocks without paying fees.

cryptocurrency 145

cryptocurrency Millennials ATM Mobile 145

Let's Talk Payments

OCTOBER 1, 2016

billion in 2014 to $270.93 Mobile P2P money transfers are estimated to increase from $15.22 billion in 2019 – an ~18-fold increase, indicating an opportunity for existing market participants.

Millennials 40

Millennials Mobile Marketing US 40

PYMNTS

SEPTEMBER 22, 2016

1,500 : The number of babies claimed by SIDS in 2014. 77% : The proportion of millennials using mobile banking each month. 4% : JPMC’s predicted 2014 sales growth for the iPhone. 77% : The proportion of millennials using mobile banking each month. 4% : JPMC’s predicted 2014 sales growth for the iPhone.

Millennials 100

Millennials Apple Mobile Fraud 100

PYMNTS

FEBRUARY 13, 2017

bought groceries online in 2016, up from 19 percent of households in 2014. The rates were considerably higher among millennial consumers ( go figure ). Some 28 percent of millennial consumers purchased groceries online in 2016, up from 21 percent in 2014. Online grocery sales in 2016 represent about 4.3 percent of U.S.

New York City 123

New York City Millennials New York Online 123

PYMNTS

SEPTEMBER 6, 2016

Driving sales this year has been good weather, which has kept foot traffic up (a challenge in 2014), though parents are increasingly looking only for value, especially millennial parents. All in, back-to-school sales rose 2 percent in July, compared with 1 percent growth in 2015 and 2014 and a 0.2

Millennials 100

Millennials Retail Survey Data 100

PYMNTS

JUNE 21, 2018

Launched in 2014, Robinhood is a minimalist app that lets users set up an an online brokerage account, transfer funds from accounts at major banks (including Chase, Citi and Band of America) and check the prices of their stocks. Jack Randall, a spokesman for Robinhood, declined to comment.

Regulation 123

Regulation Millennials California Capital 123

PYMNTS

JANUARY 12, 2020

The startup was founded in May and will introduce a digital banking blueprint concentrated on serving millennials in India, Narayanan told TechCrunch. India started building a national digital financial infrastructure when the number of Indians with bank accounts reached 53 percent in 2014, up from 35 percent in 2000.

Google 101

Google Capital Millennials Digital Banking 101

PYMNTS

NOVEMBER 29, 2018

But Smith was committed, and believed that among outdoor enthusiasts — particularly millennials like himself — a digitally-native brand with a story to tell and a unique way of pursuing its core mission would have an awful lot of appeal. “My Its first offerings for consumers were backpacks.

Millennials 116

Millennials Branding Community Retail 116

PYMNTS

APRIL 16, 2018

The news comes about four years after Weddington Way closed on another $9 million in funding, in August of 2014. The online version makes sense for bridal parties that consist of geographically dispersed members and also resonates with millennial shoppers who want to do more of their shopping online. million, TechCrunch had reported.

San Francisco 112

San Francisco Millennials Online Branding 112

PYMNTS

NOVEMBER 16, 2016

Rumors are murmuring that the Snapchat IPO may hit the stock market as one of the biggest since 2014. Of those millions, about 60 percent are millennials between the ages of 13 and 24. Quickly — like a Snap — before investors miss it: Snapchat is filing for an initial public offering. billion four years ago.

Millennials 100

Millennials Marketing Security Company 100

PYMNTS

JUNE 7, 2019

Forget millennials, that consumer segment that is blamed for the downfall of most everything while also being the target of many innovative efforts. By 2014, it was bigger than both Cyber Monday and Black Friday. Single consumers are a force of nature as well when it comes to retail.

Retail 133

Retail Millennials Online Innovation 133

Independent Banker

FEBRUARY 24, 2016

How millennials will accelerate innovation and technology change. It’s where older, profitable customers have been slower to adopt new banking technologies that not-yet-profitable millennials pick up quickly and easily. Millennials, who will make up half the U.S. Millennials, who will make up half the U.S. By Paul Schaus.

Mobile 70

Mobile Millennials Community Bank Community 70

PYMNTS

APRIL 21, 2016

The research, which surveyed 304 “heavy overdrafters” in 2014, found that they were likely to incur about $35 per incident or over $100 per year in multiple overdraft charges by big banks. These heavy overdrafters were mostly millennials and Gen Xers — two-thirds of whom paid the fee for an overdrawn debit card transaction.

Millennials 100

Millennials Survey New York Groups 100

PYMNTS

FEBRUARY 9, 2020

An idea hatched at the Burning Man desert arts festival, the experience-focused hospitality group Habitas was founded in 2014 by Oliver Ripley, Kfir Levy and Eduardo Castillo. . The startup raised $20 million to take its “3D-printed hotel” idea to new markets in Asia, the Middle East and Africa.

Community 252

Community Groups US Operations 252

PYMNTS

DECEMBER 19, 2016

Between 2014 and 2015, shopping on Black Friday was more or less flat, a trend that seems to have bled into 2016. Baby boomers continue to be early shoppers; millennials, on the other hand, shop later in the season and later in the day. Good news for merchants — those millennials are spending more. Overall basket size was up 12.7

Fort Worth 100

Fort Worth Los Angeles Millennials Retail 100