Remove 2012 Remove Capital Remove Marketing Remove Millennials
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8 Connected-Economy Firms Expected To Light Up The IPO Market In 2021

PYMNTS

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Robinhood ($20 Billion+) .

Marketing 198
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U.S. Household Wealth Up To $92.8 Trillion

PYMNTS

Pushed by a surging stock market, U.S. The big bounce has some market watchers excited — the gains may predict a spending surge that will further lift the U.S. The bottom 90 percent of Americans derive less than 20 percent of their income from capital assets. household wealth popped a 2.3

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American Eagle Leads $3.45M Investment In Dormify

PYMNTS

Founded by Amanda Zuckerman and her mom Karen in 2012, Dormify offers college students and post-grads tools, resources and products to create their first home away from home. The company was able to amass its loyal customer base through email marketing. Dormify announced a $3.45

New York 135
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Challenges for the neo-challengers: Four hurdles to overcome

Accenture

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Why the intense interest in the neo-challengers? Profitability.

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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

There were plenty of tailwinds that pushed the segment forward: A strong economy, healthy consumer interest in credit and advances in credit scoring technology were all instrumental in pushing more consumers into the market, particularly in the first half of the year. percent since 2012. According to the Federal Reserve , U.S.

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Unbundling Bank Of America: How The Traditional Bank Is Being Disrupted

CB Insights

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. Tech companies are chipping away at the traditional bank’s market share. get the full 45-page disrupting investment banking report.

America 101
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Squaring The Circle That Is Square

PYMNTS

So, while McKelvey lost out on that $2,000 sale — he and his (friend) and Co-Founder Jack Dorsey — the founder of Twitter — did end up with a $17 billion idea (Square’s market cap at the time this piece went to press). Square has come a long way from being an mPOS solution for cash-based glass blowers and farmers market purveyors.

Apple 110