CB Insights
DECEMBER 18, 2018
Forget millennials. Fintechs are starting to target a new age demographic: retirees. As a result, new fintech startups are emerging to service the financial needs of this growing population. The post 20+ Fintech Startups Focused On The Elderly appeared first on CB Insights Research. Want the full expert post?
Gonzobanker
APRIL 4, 2024
While valuation at many fintechs has dropped since 2022, Chime has bucked the trend. Bloomberg recently reported that Chime, the leading fintech neobank, is planning to go public in 2025. Cornerstone’s numbers don’t jive, however, with what some of the other fintechs have reported publicly. of Millennials, 7.5%
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PYMNTS
SEPTEMBER 18, 2018
The changes that tech-savvy workers have imposed on their employers’ travel and expense (T&E) policies and strategies go beyond adoption of expense management FinTech solutions, too. The Pew Research Center found millennials are already the largest generation group in the U.S.
Chris Skinner
FEBRUARY 3, 2017
As Antony Jenkins, former CEO of Barclays, aptly put it in a 2015 speech: “Over the next 10 years, we will see a number of very significant disruptions in financial services, let’s call them Uber moments” … Some analysts believe Fintech disruption could take as much as 10% to 40% of bank revenue and eliminate 1.7
Abrigo
FEBRUARY 3, 2017
Understand and meet the desires of millennial borrowers, who will constitute 75 percent of the workforce by 2025. Battle increased pressure from alternative lenders and fintech, which means the process at banks needs to be fast and competitively priced. They intend to: • Create a better customer experience as described above.
Gonzobanker
JULY 27, 2022
Three in 10 Gen Zers and Millennials now consider a digital bank or fintech to be their primary checking account provider, and I would bet that most of them have no clue where that provider’s headquarters is located (or care, for that matter). Strategy #2: Embedded Fintech. Embedded fintech examples SOURCE: CORNERSTONE ADVISORS.
PYMNTS
JUNE 24, 2019
percent CAGR between 2018 and 2025. There are opportunities for FinTechs in this space to facilitate on-demand wages where that service is prohibitive for many employers because of the increased administrative burden of payroll. The gig economy’s functionality is tied to real-time payments. Peter Briffett, CEO of U.K.
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