PYMNTS
JULY 18, 2018
trillion: The estimated worth of the global market for connected devices by 2025. 76 percent: Share of millennial consumers who report they are always looking to try new and different forms of banking, saving, payment and currency. $1 trillion: Value of loan balances held by credit unions as of March 2018.
Gonzobanker
APRIL 4, 2024
Bloomberg recently reported that Chime, the leading fintech neobank, is planning to go public in 2025. According to the report , Chime has not engaged investment banks to date. of Millennials, 7.5% of the market, and JPMorgan Chase—the nation’s largest bank (in terms of assets)—counts 7.6% Is it ready for an IPO?
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Gonzobanker
JULY 27, 2022
Historically, banks sold through branches and in (more or less) narrowly defined geographic areas. That banking world no longer exists. As banks go into next year’s strategic planning process, they should start by identifying the percent of their total revenue generated by the top four to five customer segments, products, and channels.
Insights on Business
FEBRUARY 27, 2019
And yes, for now you can still reach profit objectives and meet C/I ratio targets—while investing in more mobile and internet banking capabilities on the side. To ensure success in 2025, however, the focus should be on customers who use newer models in digital channels: Generation Y, Z, and Alpha, too—the children of millennials.
CB Insights
JUNE 17, 2020
market by 2025 prior to the onset of Covid-19. Schools and universities have been updating their infrastructure to incorporate digital alternatives to the classroom for years, leading analysts to predict a $350B market valuation for the edtech industry by 2025 prior to the pandemic. Enterprise virtual reality.
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