Remove 2016 Remove Capital Remove Management Remove Millennials
article thumbnail

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.

article thumbnail

BJ’s On The Block, Amex’s Millennial Problem And Another Big Breach

PYMNTS

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. And hackers have managed to hit about 1,200 InterContinental Hotel locations in the U.S. — Some of the names floated so far in the context of the sale: Amazon, Walmart, KKR, Bain Capital, TPB and Blackstone.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Airbnb Competitor Domio Lands $100M; Aims To Double Market Share

PYMNTS

The company’s Series B round was led by GGV Capital. Eldridge Industries, Tribeca Venture Partners, 3L Capital, Softbank NY, Upper90 and Tenaya Capital also participated. Airbnb has taught us that hotels are not the only to stay,” Hans Tung, GGV Capital’s managing partner, told TechCrunch.

Marketing 101
article thumbnail

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. 1 on PYMNTS’s personal finance rankings , with its commission-free trading being popular and new money management features also giving it a boost.

FDIC 131
article thumbnail

Banking for the Digital Generation: Attracting & Retaining Millennials

NCR

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.

article thumbnail

Afterpay On Surviving And Thriving After Its Early IPO

PYMNTS

Afterpay went for its IPO about nine months after its first-ever capital raise. And the first big challenge was explaining that Afterpay isn’t a credit card and does not aspire to be one because millennial consumers don’t want the kind of revolving debt that goes along with one. But in Australia, Afterpay Co-Founder and U.S.

article thumbnail

Google Pay Co-founders’ Indian Neobank Has Raised $13.2M

PYMNTS

million in a Seed funding round for its neo-bank epiFi, led by Sequoia India and Ribbit Capital, TechCrunch reported on Sunday (Jan. Also participating in the funding rounds were David Velez, Kunal Shah and VC fund Hillhouse Capital. Two co-founders of Google Pay in India have raised $13.2

Google 101