Banking 2020

DECEMBER 3, 2015

The key catalyst was a series of measures passed in 2013 that made it easier to set up privately-owned competitors – something that China’s key tech players, such as Baidu, Alibaba and Tencent (BATs), have been quick to take advantage of. At the turn of the millennium, just 1.8 Tech firms lead the way. ”

Innovation 40

Innovation Payments Lending Financial Technology 40

CB Insights

OCTOBER 10, 2018

We define startups disrupting banking broadly to include mobile-first fintech companies that primarily focus on leveraging technology and software to digitize and streamline retail and business credit, checking, and savings accounts. Revolut has been aggressively iterating on its products and blurring fintech business lines.

Retail 78

Retail Cards Millennials Mobile 78

Tech and Finance

JULY 13, 2016

The inability for the majority of regional and mid-sized banks to keep pace with investment in digital technology became more apparent in the most recent survey, with online, mobile and ATM satisfaction levels all being below 2015 levels,” according to Marous. Some smaller banks are following their footsteps, but not enough.

Regional 28

Regional Mobile Millennials Study 28

CB Insights

FEBRUARY 1, 2019

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. GET THE 106-PAGE FINTECH TRENDS REPORT. Download the free report to learn about the biggest trends from fintech in 2018 and ones to watch for 2019. in 2013 to 15.8%

Policies 61

Policies Lending Operations Examples 61

Fintech Labs Insights

NOVEMBER 21, 2016

While much of the fintech world remains mesmerized by the millennial market, True Link Financial CEO and co-founder Kai Stinchcombe believes that Baby Boomers – and increasingly Gen Xers – are where it’s at. “We think seniors are the most exciting market in financial services today,” Stinchcombe said.

San Francisco 12

San Francisco Capital Millennials California 12

PYMNTS

FEBRUARY 20, 2019

A look at Tencent’s recent investment activity tells a story about the modern state of eCommerce and the digital economy, and about the demands of online consumers across the world. For instance, India has emerged as a battleground for online retail and digital, mobile payments, with tech startups in that country raising some $10.5

Mobile 129

Mobile America Fintech Capital 129

CB Insights

AUGUST 16, 2017

Since being founded in 2009, Q&A platform Quora has steadily grown into a robust hub for online discussion: the site allows contributors to respond to posted questions with their own analysis and opinions, which can then be upvoted by other Quora users. Select Round Investors: Y Combinator, Matrix Partners, Tiger Global Management.

Meeting 68

Meeting US Capital North Carolina 68

Fintech Labs Insights

MARCH 16, 2015

Founded in 2013, the company, has raised $16 million and is likely looking for more. Although many fintech startups have attracted 9-figure investments, none has as many celebrity investors. Millennial customer acquisition : I can''t imagine a bank ever getting close to 1 million on its wait list. The irony is perfect.

Apple 12

Apple America Strategy Branding 12

CB Insights

SEPTEMBER 4, 2019

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

Millennials 78

Millennials Industry Branding social media 78

CB Insights

AUGUST 14, 2017

Since being founded in 2009, Q&A platform Quora has steadily grown into a robust hub for online discussion: the site allows contributors to respond to posted questions with their own analysis and opinions, which can then be upvoted by other Quora users. Select Round Investors: Y Combinator, Matrix Partners, Tiger Global Management.

US 28

US Capital North Carolina Data 28

Fintech Labs Insights

JULY 14, 2016

Today, Student Loan Genius is inviting employers to do the same thing when it comes to millennial workers and student loan debt. ” Company facts: Founded in 2013. The platform includes: Genius Advisor is an online tool access and one-on-one advising to help employees find the best repayment plan and scenario for their goals.

Millennials 12

Millennials Tools Austin San Jose 12

Fintech Labs Insights

FEBRUARY 17, 2016

The startup, which is owned by online payments processing company Braintree (which PayPal purchased for $800 million in 2013 ) just exceeded $1 billion in payments processed in the month of January; the highest volume in a single month. ” The startup’s peer-to-peer payments service is popular among millennials.

San Francisco 12

San Francisco New York Millennials Cards 12

CB Insights

JUNE 17, 2020

In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online. Education: Technology and online content make the classroom optional. Online courses & content. Retail: Shopping goes even more online as grocery joins the e-commerce revolution. Online grocery. 3D printing.

Industry 101

Industry Technology Online Video 101

William Mills

SEPTEMBER 7, 2016

Their API is already integrated in a few core systems and other fintech necessitates. I’ve heard that financial planners are having a hard time getting Millennials thinking about retirement but instead focus on short-term financial goals – homes, vacations, etc. Back in 2013 this was their company stats: HQ Location: Charlotte, NC.

Mobile 40

Mobile Cards Fraud Data 40

CB Insights

OCTOBER 6, 2017

In 2013, Nike invested in California-based industrial robotics startup Grabit , which is currently deployed in some of Nike’s manufacturing facilities. As more people shop for products online, there is greater pressure on order fulfillment centers to ship items on time. But there are hurdles on the road to automation.

Software 69

Software Industry Retail United States 69

Gonzobanker

DECEMBER 22, 2015

To Facebook’s Jerry Canning , a solid digital panelist at the ABA conference who pointed to the need to engage in conversations online with the customer, “the new CMO.” October 2013: Walmart CEO Lee Scott is asked why, in the face of so many failed consortia before it, MCX would succeed. Online Relationship Builder (ORB) from Alkami.

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

OCTOBER 10, 2017

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” Bankrate found 83% of millennials don’t think they’ll ever retire: they simply “don’t think they’ll have the money” to do so.). In aggregate, they command $1.3 trillion in annual spending.

Tools 78

Tools Millennials US Maine 78

Fintech Labs Insights

FEBRUARY 23, 2017

Interest rates are projected to rise for the second time, millennials are starting to buy their first homes, and investors are looking to diversify out of the volatile stock market. eyeOpen ( FEU 2013 demo ). Mortgage Harmony ( FS 2013 demo ). These online lenders facilitate the mortgage application process and service the loan.

Fintech 28

Fintech Lending Regulation Millennials 28

Gonzobanker

DECEMBER 19, 2016

Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements. see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ). The big bang project is over.”

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements. The FinTech Partner Best Practice Award – Goes to Cambridge Savings Bank and SigFig for their digital investment platform partnership. see [link] ).

Utah 60

Utah System Community Marketing 60

CB Insights

MARCH 2, 2018

They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. Those users combined to spend $18.38B on online retail from Sept ‘16 – Sept ‘17. Research from Morgan Stanley projects the online retail market will explode from $15B in 2016 to $200B in 2026.

Regional 68

Regional Retail Marketing Online 68