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Data Shows 42 Pct Of Small Cap US Businesses Failing To Turn Profit

PYMNTS

Bigger companies have been faring better by comparison, with investors taking solace in large caps and the Russell 1000 index down only 3.3 That group has seen a 129 percent gain and its market capitalization has hit over $14 billion, the Financial Times wrote, over $5 billion ahead of the runner up. percent from normal.

US 175
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Robinhood Surpasses 10M Subscribers

PYMNTS

The company, which launched in 2013, attracts millennials interested in trading stocks and cryptocurrency. By way of comparison, Charles Schwab is in the process of acquiring TD Ameritrade ; together, they serve about 24 million clients. Participating investors included Ribbit Capital, NEA, Sequoia and Thrive Capital.

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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

Fintech is often associated with digital tools targeted at tech-savvy millennials. Capital One, for example, has partnered with Older Adults Technology Services and the National Council on Aging to create a series of free online courses to educate seniors about digital banking: Ready, Set, Bank. . Source: Capital One.

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Seven Things To Know About The Gig Economy

PYMNTS

By comparison, the U.S. They capitalize on specialized skills like photography or graphic design. The Millennial Majority. You might know these folks as millennials, and they comprise only 23 percent of the non-gig workforce. Fast Growing. In 2015, 15.8 percent of Americans in 2005. That’s an increase of 9.4 Gigs or Bust.

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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others. Instead of needing to open and toggle between various brands’ mobile sites or apps, consumers can peruse a platform where those comparisons can be easily made.

Apple 159
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FinTech Is Flourishing South Of The Border

PYMNTS

The capital city is Mexico City, which alone is home to almost 9 million. The nation’s capital is also one of the world’s largest cities. The global accelerator has more than 40 Mexican startups in its portfolio, and Lomelî believes the capital will soon see its own tech explosion. A Fresh Start For Mexico City.

Fintech 100
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USAT: Bridging The ‘Consumer Gap’ In Unattended Retail

PYMNTS

Consumers are doing research, getting ads and participating in comparison shopping across their hand-held devices. Across demographics, she said, “gone are the days of looking for a very high-touch retail buying experience.” The Roadmap.

Retail 131