Remove 2011 Remove Management Remove Marketing Remove Millennials
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SoFi Sees Investor Accounts Double Thanks To Fractional Shares

PYMNTS

The increase during what has been a volatile time for financial markets tells a “tale of two cities,” he told the network on Wednesday (May 27), as COVID-19 has wreaked economic havoc in addition to its health toll. Founded in 2011, SoFi made its reputation by refinancing student loans for millennials.

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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

My Remarks to Bank Client's Annual Meeting of Shareholders "I want to thank [Chairman] and the Board, [CEO] and the management team for asking me to come out and remark on where I think the banking industry is going over the next five years. The money market mutual fund became a formidable competitor to the bank account. Not talking.

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Good News from Gen Next

Independent Banker

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

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Don't Bank. SoFi

Jeff For Banks

After its most recent capital raise in September, SoFi, a marketplace lender that focuses on millennials, has raised nearly $1.5 billion in equity capital since its founding in 2011. billion in equity capital, with a market capitalization close to book value. SoFi started in 2011, so the tide has not yet gone out on them.

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Good News from Gen Next

Independent Banker

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

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Is It Officially Time To Start Worrying About Consumer Credit?

PYMNTS

Add to that the diminished value of used cars — down about 8 percent this year — and auto lenders like Ally Financial are predicting a market that will be contracting this year. Capital One’s first-quarter earnings are a good case in point, as they notched a much higher rate of loss than its management or investors were expecting.

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The Gig Economy Sizzles, Autonomous Cars Fizzle And Victoria’s Secret Needs To Bring Sexy Back

PYMNTS

According to market watchers, the brand is out of step with its offering. The dark store environment, the conspicuous sexuality of the offer and the brash marketing are increasingly out of step with what modern consumers want,” GlobalData Retail Managing Director Neil Saunders told CNBC. No Return for Easy Returns? :

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