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Baby Boomers vs. Millennials: Which Generation Has More Entrepreneurs?

PYMNTS

Whether it’s securing the cash through venture capital investments and family or paying down debts to start on the right step, money seems to be the central conduit that makes entrepreneurship world spin around. All of this could likely be contributing to today’s lack of entrepreneurs in the millennial age group.

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Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO

PYMNTS

2) for DPCM Capital Inc. , Hims , a direct-to-consumer company selling health products targeted at millennials, is using a SPAC to go public , for example. There’s a real need for quick, confidential capital and price certainty and for sponsorship in the markets,” he said. Emil Michael filed an S-1 prospectus on Friday (Oct.

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Best New Financial Apps 2016, The List

Bank Innovation

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

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.

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Digital Banking Startup Loot Raises $2.9M Series A

Bank Innovation

Another digital banking startup has raised funding this week, this time to expand a current account offering aimed at students and millennials. Loot, a startup begun in 2014 by founder Ollie Purdue — who was finishing up school at the time of the company’s founding — has raised £2.2 million, or about $2.9 million, in […].

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12 Industries That Will Thrive Thanks To Millennials

CB Insights

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.

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Does Hipmunk’s Demise Signal Larger Changes In Travel?

PYMNTS

As the travel industry shifts into higher digital gear, and increasingly responds to the needs and desires of new consumer groups — millennials and Gen Z among them — some players are getting left behind and making their way into the history books. Back in 2014, Hipmunk said it had raised $20 million in Series C funding.