PYMNTS

MAY 27, 2020

Founded in 2011, SoFi made its reputation by refinancing student loans for millennials. The former Twitter and National Football League executive said 40 percent of trades on SoFi Invest are through fractional shares. He said such purchases are seen as a way to make investing more accessible, especially among younger people.

Samsung 131

Samsung San Francisco National Millennials 131

Insights on Business

JUNE 14, 2017

; increasingly sophisticated security threats; and, most recently, shifting customer expectations driven in large part by millennials. Millennials are a fastidious breed. More than ever – millennials seek customized experiences without a corresponding increase in prices. They are tech savvy, mobile and social.

Marketing 156

Marketing social media Millennials Customer Experience 156

PYMNTS

AUGUST 23, 2019

The company went public in 2011 and was once valued at $16.5 A study by eMarketer shows that most people, especially millennials , prefer to chat or message instead of calling on the phone. His resignation comes as Chief Executive Rich Williams is attempting to boost business by targeting local commerce and higher-value customers.

Chicago 145

Chicago Millennials Tools Study 145

PYMNTS

MAY 29, 2019

The company began in 2011 and originally focused on student loan financing for millennials , but has since expanded into personal and mortgage loans. The company also introduced a product called SoFi Money, which is a cash account that has a 2.25 percent annual percentage yield. million registered users.

San Francisco 116

San Francisco Capital Millennials cryptocurrency 116

PYMNTS

DECEMBER 18, 2020

We created Poshmark in 2011 to make buying and selling simple, social and fun. 31 were millennials or Gen Zers, which is a very desirable demographic for an online platform. In doing so, we bring the power of community to buying and selling online. Poshmark also said it had 6.2 million active buyers and 4.5

social media 232

social media Online Millennials Training 232

PYMNTS

APRIL 23, 2019

Lehmann co-founded the company with Sean Plaice and Sam Street in 2011. “We Postmates leans toward millennials, which make up about 75 percent of its customer base, and it’s been introducing new services to help increase its business and efficiency. It will deliver anything from a toothbrush to alcohol.

Millennials 109

Millennials Capital Company Marketing 109

PYMNTS

DECEMBER 5, 2019

But that is exactly where husband-and-wife entrepreneurial team Shaudi Lynn (aka DJ Shoddy Lynn) and Bobby Farahi started when creating Dolls Kill in 2011. The brand has been well-known among Generation Z and millennial consumers for several years – particularly those into the clubbing and music festival scene.

Branding 131

Branding Los Angeles San Francisco Capital 131

PYMNTS

JANUARY 13, 2021

We created Poshmark in 2011 to make buying and selling simple, social and fun. 31 were millennial or Gen Z consumers. “We are a social marketplace that combines the human connection of a physical shopping experience with the scale, reach, ease and selection benefits of eCommerce,” the company wrote in its S-1 filing. “In

social media 169

social media Trends Retail Millennials 169

PYMNTS

AUGUST 11, 2016

A proposition back in 2011 to close a loophole that enables drug cartels to move large sums of money across boarders using prepaid cards has been delayed but is not dead. The biggest growth from the industry is coming from millennials who already have a bank account and checking account. According to a report by Reuters , the U.S.

Cards 100

Cards Millennials Industry Tools 100

Independent Banker

OCTOBER 29, 2014

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.

Millennials 110

Millennials Community Bank social media Community 110

PYMNTS

DECEMBER 12, 2019

Both of those demographics surprisingly beat out millennials, at 53 percent, and Gen Z, at 46 percent. He said when the company launched in 2011, the “buzz” pointed to a shopping future without physical stores. Baby boomers were the second most likely to shop online and have goods shipped home, at 56 percent.

Retail 131

Retail Milwaukee New York City New York 131

PYMNTS

OCTOBER 11, 2016

But the recession scrambled consumer priorities and changed how retailers were reaching them because, said bluntly, between 2008 and 2011–2012, the middle and upper-middle class customers that were Target’s prime demographic were concerned with savings well before they were concerned with style. The Tarjay magic went into remission.

Retail 100

Retail Millennials National Trends 100

Independent Banker

NOVEMBER 13, 2014

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.

Millennials 87

Millennials Community Bank social media Community 87

CB Insights

MARCH 26, 2019

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

Millennials 78

Millennials Industry Trends Branding 78

PYMNTS

NOVEMBER 28, 2016

In session from 2011 until May 2016, the Breakfast Council was a group of allegedly independent nutrition experts that worked with Kellogg’s to bring consumers healthy breakfast cereal options. General Mills and Coke gave $646,000 and $565,000, respectively. Hershey, Kellogg’s, Campbell and Smucker’s were also on the donor list.

Branding 100

Branding Millennials social media Marketing 100

PYMNTS

SEPTEMBER 14, 2016

Millennials don’t seem to be feeling Banana Republic any longer, according to a study by RBC Capital Markets. Forty-eight percent of millennials polled said they disliked the chain, compared to only 22 percent who said they liked it. About 5,300 employees, or 1 percent of Wells Fargo’s workforce, were fired as a result of the scandal.

Los Angeles 100

Los Angeles Apple Millennials Retail 100

Jeff For Banks

MARCH 20, 2016

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. Since 2011, SoFi has funded over $6 billion in loans (through December 15, 2015). SoFi started in 2011, so the tide has not yet gone out on them.

Virginia 60

Virginia Risk Management Capital Comparison 60

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

Alex Jimenez

AUGUST 28, 2018

Driven by rapid urbanization, strong demand from millennials and favorable regulations, the global fintech industry is at an inflection point and set to drive major digital transformation in the financial services industry. . PwC Fintech Report. Fintech Growth. The Fintech Ecosystem. in 2010 to $19B in 2015. $ Source: CB Insights.

Fintech 40

Fintech Case Study Study Millennials 40

PYMNTS

MARCH 8, 2019

When the world first encountered the brand in 2011, Dollar Shave Club didn’t have much more than an innovative idea for selling razors and a viral video about the concept. That might be skin issues, dandruff or the wrinkles they are seeing for the first time on their millennial faces. Same quality, but 90 percent less expensive.

Branding 115

Branding Millennials Video Innovation 115

PYMNTS

MAY 2, 2017

percent, its highest level since 2011. The same report noted that millennials as a category were the biggest potential source of weakness since they have the lowest earnings, fewest savings and so very much of the debt obligation. Millennials currently are responsible for $1.1 Capital One reported a write-off rate of 5.1

Millennials 103

Millennials Lending Capital Cards 103

Jeff For Banks

MARCH 3, 2018

How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. Maybe those millennial futurists don't remember this.

Apple 65

Apple Millennials Massachusetts FDIC 65

Fintech Labs Insights

JANUARY 15, 2016

Available only via mobile app, imaginBank is a new initiative by Spanish bank, Caixabank targeting millennials. And one in every three Spanish millennials is a customer of their bank. The post CaixaBank Launches imaginBank, a Mobile-Only Bank for Millennials appeared first on Finovate. CaixaBank serves 2.9

Millennials 12

Millennials Mobile social media ATM 12

PYMNTS

AUGUST 12, 2019

A study by eMarketer shows that most people, especially millennials , prefer to chat or message instead of calling on the phone. In early August, for instance, Groupon bought an AI-driven voice and text messaging tool called Presence AI , according to a press release. Marketing expense was $88.9 Groupon also has other plans.

Cards 100

Cards Online United States Chicago 100

PYMNTS

SEPTEMBER 23, 2016

2011 during the peak of the holiday shopping season. Younger millennials ages 20–29 accounted for 52 percent of all those who opened credit cards for the first time in the second quarter of 2016. “We The last time the national average for credit card APRs hit 15.22 percent was in Dec. percent by four weeks later in January.

Cards 100

Cards Report National Millennials 100

PYMNTS

AUGUST 26, 2016

While Snapchat is popular among Millennials, Facebook is steadfastly a Baby-Boomer favorite , so it looks like Apple is maximizing target market opportunity. Another case maker, Hard Candy, made steel moldings based on leaked models of the iPhone 5 in 2011. Apple is building momentum for its new iPhone and iPad releases.

Apple 100

Apple social media Retail Strategy 100

PYMNTS

MAY 25, 2018

Private Label Credit Cards : Delinquency rates on private label credit cards are at their highest level since 2011, and are up 57 basis points year over year to 4.65 Millennials are the most fearful of the self-driving onslaught. Part of that comes as brick-and-mortar stores shutter and consumers stop paying.

Branding 108

Branding Retail Cards Online 108

PYMNTS

MAY 13, 2016

Back in 2011, Walmart began opening Walmart Express locations that were targeted at shoppers that didn’t necessarily need to buy in bulk at the chain’s supercenters. Sears, it should be noted, is not the first retail chain to attempt an expansion-via-compression strategy.

Retail 100

Retail San Diego Los Angeles Colorado 100

PYMNTS

DECEMBER 24, 2020

Co-founded in 2011 by Facebook veteran Doug Hirsch (now GoodRx’s CEO), the company has operated in the black since 2016. Lemonade focuses on selling renters’ and homeowners’ insurance via an app that’s geared toward millennial and Gen Z consumers. GoodRx earned $55 million in 2020’s first half prior to the company’s September IPO.

US 230

US Company Report Payments 230

PYMNTS

APRIL 12, 2017

I have an eCommerce background and had my first Uber experience in 2011. We definitely have those customers, but our biggest two groups of customers are millennial women and men. PYMNTS: What’s the story behind how Spiffy started? SW: We have had two physical ‘old school’ car washes since 2003.

Groups 131

Groups Millennials Mobile Customer Experience 131

PYMNTS

NOVEMBER 17, 2017

Restaurant sales are slowing down amid millennials, which show that the traditional ways we get our food — in line or belly up at the fast food counter — may be giving way to the Amazon/Whole Foods/clicking-through-to-the full-plate model. Penetration will increase, which spells trouble for the brick-and-mortar crowd.

Bitcoin 109

Bitcoin Software Retail Online 109

PYMNTS

NOVEMBER 23, 2017

According to the study, 80 percent of first-time millennial hosts are nervous that they might over- or undercook the turkey. In 2011, about 6 percent of diners ate out for Thanksgiving — although the dining out number is largely flat from last year. Even 43 percent of experienced cooks share the exact same concern.

National 131

National Retail Survey Examples 131

PYMNTS

JULY 23, 2018

Median household income, which had dropped to $58,829 in June 2011, has consistently increased since the summer of 2014. They have and use store cards and say they pay student loans (probably at that age for their millennial kids). Yet, you might not think consumers are so happy if you look under the hood, as we have done.

Cards 122

Cards Groups Report US 122

PYMNTS

OCTOBER 9, 2017

Whether it’s Netflix or Spotify, Farnsworth explained, millennials prefer subscription services for their anytime, on-demand access and the seamless experiences they offer. First founded in 2011, MoviePass now operates under the leadership of Mitch Lowe, who co-founded Netflix and previously served as president of Redbox.

social media 101

social media New York City Cards Google 101

Filene

OCTOBER 3, 2016

Through the partnership with the school district, we opened our first in-school branch in Madison’s La Follette High School in 2011. What Millennials Want: The Future of Millennials in the Credit Union System. The Embedded Credit Union Model for Low-Income Teens. Coming of Age: Young Adults in 2015.

Video 64

Video Millennials Training Resources 64

Fintech Labs Insights

AUGUST 3, 2016

clearXchange was created in 2011 by Bank of America, Capital One, JP Morgan Chase, U.S. It’s unclear what effect this will have on Fiserv’s existing P2P payment service, Popmoney , which it began offering after acquiring Popmoney creator CashEdge in 2011. Bank and Wells Fargo and was acquired by Early Warning in January.

Payments 12

Payments Atlanta Millennials America 12

Javelin Strategy & Research

JUNE 3, 2015

Unfortunately, a lot of Fintech players and financial institutions have integrated gamification on a very shallow level (this was the word of the year circa 2011 ). 1, the youngest segment of Millennials (ages 18-24) is the first to leave their bank because of overdraft fees. It’s a gimmick. How is a $36.00 Javelin data shows that Y.1,

Fintech 40

Fintech Comparison Millennials Cards 40