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Robinhood Nets $280 Million On A $8.3B Valuation

PYMNTS

Robinhood Markets, coming off a new $280 million funding round backed by Sequoia Capital, has seen its value and services expand during the coronavirus pandemic, according to a Reuters report. More market turmoil has also driven people’s interest. The company, launched in 2013, is now valued at $8.3

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Consumer Credit Update for 2Q 2023

South State Correspondent

Even if your bank has limited consumer exposure, given that the consumer composes approximately 66% of the US economy, and, according to the yield curve and market pundits, we are all staring into a recession, paying close attention to consumer trends is critical. We are seeing the lowest origination totals since 2013.

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As Classic Video Games Turn Into Collectibles, Can eCommerce Keep Up?

PYMNTS

In fact, interest in such games “has soared in the past year, with some companies aggressively targeting collectors from more established markets,” according to the report. No doubt millennials will be blamed for some of this, as they have been scapegoated for the decline of diamonds and certain fast-casual restaurant chains.

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Twitch Buys Bebo In eSports Push

PYMNTS

It was said to have become “the market leader” in some countries such as Ireland and the U.K. The company was sold to Criterion Capital less than two years after, and the Birches purchased it for $1 million in 2013. Through its last pivot, the company attempted streaming services for players of eSports.

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The New Kitchen Merges With The Old

PYMNTS

But in recent memory, few goods on the market have gained quite the level of public affection — bordering on obsession — that the Instant Pot has managed to elicit in less than a decade on the market. Yes, Instant Pot-side chats are the fireside chats of the millennial generation.

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Longevity Lessons From The Oldest US Credit Union

PYMNTS

Membership could be obtained by spending five dollars on a share of capital stock. Mary’s has since occupied the same site, constructing a new building in 1970 and replacing that structure with its current headquarters in 2013. From Mill Workers to Millennials. PYMNTS recently spoke with St.

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Does Destination Maternity Chain Bankruptcy Signal Larger Trends?

PYMNTS

According to CNBC , the retailer is “buckling under the weight of an onerous debt load and struggling to compete with better capitalized competition.” The move comes amid growth in the larger maternity market, however, with sales of that apparel expected to reach $7.7 billion in 2013, representing a 2.10 Larger Trends.

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