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PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements

PYMNTS

Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest. More customers are finding cash-based disbursements either too complicated or time-consuming, especially from the millennial and Generation Z demographics.

Lending 163
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Looking Toward Unattended Retail’s ‘Bright Future’ At The Kiosk

PYMNTS

The intelligent vending machine market, measured globally, could be worth as much as $15 billion by 2025. Millennials prefer to use cards for smaller transactions, namely those under $5. percent growth forecast for the global kiosk market from 2019 to 2027. The Kiosk Evolution. That preference is evidenced in the 6.1

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Real-Time Payments Have Numerous Real-World Applications

PYMNTS

According to the tracker, there was a 24 percent year-over-year increase in same-day ACH payment volume between Q1 2018 and Q1 2019, and the global real-time payments market is projected to increase by a 30.6 workforce in Q4 2018, a number that’s expected to tip over to a majority share by 2027. percent CAGR between 2018 and 2025.

Payments 162
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Green Growth is Building a Platform for Millennial “Green” Investing (Fintech Startup of the Week)

Fintech Labs Insights

Target market : Climate-conscious millennials. Market size : $60B in the UK by 2027 (source: Green Growth pitch above). The $1B AUM mark would be just under 2% of the total UK market for this type of investment (per Green Growth’s estimate). Pricing : 0.75% management fee on assets under management (AUM).