PYMNTS

OCTOBER 4, 2020

A former Uber executive is planning to launch a $250 million initial public offering (IPO) for a blank check company whose advisors include billionaire Eric Schmidt, an ex- Google CEO, IPO Edge reported. 2) for DPCM Capital Inc. , Emil Michael filed an S-1 prospectus on Friday (Oct. The trend has grown in recent months.

Google 257

Google San Francisco Capital Millennials 257

PYMNTS

DECEMBER 11, 2020

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. Report: Digital Lender SoFi Eyes IPO Via SPAC. Trackers And Reports.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

JANUARY 19, 2021

Researchers found that FIs offering “innovative options such as interactive and contextually relevant video content stand to improve engagement and customer experience, especially among younger generations like bridge millennials and millennials.”. Irrelevant, Ill-Suited Info.

Study 196

Study social media Millennials Retail 196

PYMNTS

JUNE 17, 2016

Not all is lost in the online lending space. TechCrunch reported on Thursday (June 16) that Payoff has raised a nice payoff of $46.7 The firm targets millennials, offering what the site said represents a financial personality test. The money being lent out comes, mostly, from Eaglewood Capital Management.

Lending 100

Lending Online Millennials Capital 100

BankBazaar

JANUARY 9, 2020

Let’s take stock of the key insights garnered from the Moneymood 2020 report presented by BankBazaar. BankBazaar , India’s leading online marketplace for financial products has launched the second edition of the BankBazaar Moneymood ® 2020 report. have fared in the last year.

Report 136

Report Metro Cards Trends 136

PYMNTS

JUNE 23, 2020

companies not turning a profit has reached an unfortunate historic high due to the coronavirus pandemic, the Financial Times reports. Technology groups have powered the buoyancy of those firms, the Financial Times reported. The number of small U.S. The number is the highest since 2010’s 44 percent, the index says.

US 175

US Data Comparison Millennials 175

PYMNTS

JUNE 25, 2019

When it comes to retail, general commerce and online payments, the increasingly powerful middle class in India will probably get major credit in future textbooks for shaping the global digital economy. billion worth of capital coming from the likes of SoftBank, Sequoia Capital, Lightspeed Venture Partners and Airbnb Inc.

Online 100

Online Retail Capital Marketing 100

PYMNTS

OCTOBER 16, 2020

Slice Integrates No-Fee Visa For Millennial Shoppers In India. Slice is debuting a no-fee Visa Card that provides its millennial and Gen Z clients with cash back and no-cost EMIs during festive sales. The Indian payments upstart was founded in 2016 to serve the financial needs of the millennial and Gen Z generations.

Millennials 131

Millennials Payments Cards Fintech 131

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. The high failure rate of a new small business has entrepreneurs focused on simply surviving their first few years in operation.

Strategy 279

Strategy Millennials Data Online 279

PYMNTS

JANUARY 21, 2019

The RealReal , the online luxury reseller, is reportedly mulling an initial public offering, reported Reuter s. The report, citing people familiar with the matter, said The RealReal is mulling an IPO for later in 2019 and has started holding discussions with investment banks to help it go public.

Online 122

Online Millennials Retail Report 122

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. consumers will do.

Payments 148

Payments Apple Survey Seattle 148

PYMNTS

MAY 30, 2016

If brick-and-mortar merchants can claim anything sacred from the total encroachment of online retail on its turf, it’s the highest echelon of uber-luxurious commerce. That is, if the current trend toward dollar shopping holds — both in-store and online. billion total. ”

Online 100

Online Retail Branding National 100

PYMNTS

JANUARY 31, 2020

Reacting to pushback from millennials frustrated with the ubiquity of expensive, traditional alcoholic drinks at professional and personal gatherings, Helena Price Hambrecht and husband Woody Hambrecht created Haus, a direct-to-consumer aperitifs startup with a membership-based business model. The married co-founders have so far secured $4.5

Millennials 108

Millennials Capital Community Regulation 108

PYMNTS

AUGUST 14, 2017

There seems to be an awful lot of piling on these days on the big online platforms. As The Wall Street Journal reported last week, the founders of live video chat service, Houseparty.com , said they thought they were being invited into Facebook’s offices last year to discuss a potential acquisition. What a difference two years makes.

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

JULY 14, 2020

Similar to Afterpay online, shoppers can pay for their in-store purchases in four installment payments. “As we enter the second half of the year and retail re-emerges across the world, it’s critical we help our partners drive business growth, both online and offline,” said Nick Molnar , Afterpay Co-Founder and U.S.

Google 151

Google Apple Retail Millennials 151

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. get the REPORT on next generation investors. Download the free report to find out how fintech is shaping the future of wealth management and investing. GET THE 81-PAGE q1 2019 FINTECH TRENDS REPORT. Source: Capital One.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

DECEMBER 14, 2020

There aren’t many online payment providers that have successfully gone offline. 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. Among them is 30-year-old Co-Founder and U.S.

US 322

US Retail Cards Millennials 322

PYMNTS

SEPTEMBER 17, 2018

13 through 16, is further evidence of the eCommerce giant’s “new retail” strategies, where offline and online conduits converge, as noted by sites such as marketing-interactive.com. Data from CBN also found that millennials launched as many as 700,000 shops on the Taobao platform last year. The September event, which spanned Sept.

Millennials 134

Millennials Lending Retail Trends 134

PYMNTS

NOVEMBER 19, 2019

Dr. Jart+ was founded in Seoul in 2005 and sells masks, moisturizers, serums and cleansers under names such as Ceramidin and Cicapair, Deal Street Asia reported. Jart+ was founded in Seoul in 2005 and sells masks, moisturizers, serums and cleansers under names such as Ceramidin and Cicapair, Deal Street Asia reported. Coty Inc. ,

Branding 101

Branding social media Millennials Report 101

PYMNTS

OCTOBER 17, 2019

The French payment processor Lemon Way has announced a near-$28 million (€25 million) investment round by the multi-asset fund management firm Toscafund, Aithority reported on Thursday (Oct. million (€10 million) led by Breega capital, with participation from Speedinvest. that caters to millennials. and Germany.

Fintech 100

Fintech Capital Millennials US 100

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

MAY 5, 2020

Robinhood Markets, coming off a new $280 million funding round backed by Sequoia Capital, has seen its value and services expand during the pandemic, according to a Reuters report. Hertz Feels The Hurt From Ride-Hailing And Online Platforms. Robinhood Nets $280 Million On A $8.3B Car rental giant Hertz Global Holdings Inc.

Payments 140

Payments Millennials Fintech Online 140

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. The startup also partners with just about every online payments processor — Razorpay, BillDesk, Cashfree, CCAvenue, and PayU.

Fintech 130

Fintech Millennials Online Lending 130

PYMNTS

MAY 19, 2018

Though, as countless have pointed out over the last five years or so, millennials did make a valiant effort holding off that process by having their mothers do their laundry for as long as possible. These days, though, we call them Bridge Millennials. ” The Changing Buying Habits Of Millennial Parents.

US 105

US Millennials Branding Retail 105

PYMNTS

FEBRUARY 14, 2020

Wells Fargo CEO Charles Scharf wants to get rid of any inkling of scandal by overhauling the firm’s reporting lines, revamping its three divisions into five. The wholesale bank will be divided into a separate investment bank that has a capital markets focus and a commercial bank providing back-end services for companies.

Retail 141

Retail Cards Millennials Fraud 141

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Capitalizing on PPP innovations for a better experience.

Lending 259

Lending Community San Antonio Survey 259

PYMNTS

MAY 28, 2019

With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

JUNE 18, 2019

The two platforms are said to work on growing the eSports business of Twitch, and Twitch Rivals in particular, according to reports. According to unnamed sources cited in a report, Twitch paid under $25 million for the firm. The acquisition is said to encompass IP as well as personnel, which is approximately 10 employees.

social media 108

social media Millennials Video Report 108

PYMNTS

MARCH 30, 2018

Amazon , setting its sights on Gen Z and millennials, is in initial talks with numerous banks, including JPMorgan Chase and Capital One , to create a product that can enable these credit card-averse shoppers to purchase things on its eCommerce site. For Amazon, it’s another way to expand their brand.

Millennials 100

Millennials Cards Branding Online 100

PYMNTS

SEPTEMBER 19, 2018

Target’s demographic is migrating online — and toward Amazon. Target also tends to do well with customers who make over $100,000 a year, with 25 percent of its shoppers reporting that level of income. They are increasingly seeing the upper-end of their prime demographic, a group PYMNTS titled bridge millennials.

Millennials 138

Millennials Montana social media Branding 138

PYMNTS

FEBRUARY 4, 2020

Among the most disruptive changes introduced in 2016 by the Jumpstart Our Business Startups (JOBS) Act is the opportunity for small, private businesses to raise capital via crowdfunding, adding yet another avenue to capital to the long list of traditional and alternative finance options available to small to medium-sized businesses (SMBs) today.

Lending 131

Lending Capital Strategy Millennials 131

Gonzobanker

AUGUST 10, 2023

The Wall Street Journal recently reported that flexible workplaces are viewed by workers as an equivalent benefit to an 8% raise. 2022 Workplace Culture Report found a big disconnect in how employees value online training and virtual meetings. Better leveraging virtual collaborative tools has also been a bear of a challenge.

Leadership 147

Leadership Training Meeting Michigan 147

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Capitalizing on PPP innovations for a better experience.

Lending 195

Lending Community San Antonio Survey 195

PYMNTS

OCTOBER 21, 2019

According to CNBC , the retailer is “buckling under the weight of an onerous debt load and struggling to compete with better capitalized competition.” Growing number of working pregnant women and increasing demand from developing regions are the basic factors that will boost the maternity apparel market,” that report said.

Trends 101

Trends Retail social media Online 101

PYMNTS

MAY 6, 2016

Earlier in the week, we reported on the bust that is B2B venture capital this week. There hadn’t been any investments in B2B finance and payments startups in the first half of the week, a void that casts doubt on those earlier reports of investors cozying up to startups targeting businesses, not consumers. Hockeystick.

Fintech 100

Fintech San Francisco Capital Big Data 100

Accenture

OCTOBER 3, 2017

Read the report. Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. Trust in online platforms and social-media companies as providers of payments services is low. So why not?

social media 151

social media Millennials Online Fraud 151

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. Armistead also spoke to the lesson the bank is learning from smartphone apps to better serve its customers online and in brick-and-mortar locations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132