PYMNTS

OCTOBER 16, 2020

Plus, London’s FinTech space has been going strong in 2020 despite the pandemic. Slice Integrates No-Fee Visa For Millennial Shoppers In India. Slice is debuting a no-fee Visa Card that provides its millennial and Gen Z clients with cash back and no-cost EMIs during festive sales. Data: London FinTechs Netted $3.6B

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PYMNTS

DECEMBER 19, 2019

Bangalore-based FinTech ZestMoney has raised $15 million in a Series B funding round led by Goldman Sachs and existing investors Naspers, Quona Capital, and Omidyar Network, TechCrunch reported on Thursday (Dec.

Fintech 130

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PYMNTS

DECEMBER 11, 2020

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. Synctera Brings 'FinTech As A Service' To Community Banks.

Trends 175

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PYMNTS

OCTOBER 17, 2019

million (€10 million) led by Breega capital, with participation from Speedinvest. “We that caters to millennials. Aside from Toscafund’s investment, Atom’s funding round was led by BBVA with participation from Woodford Patient Capital Trust, Perscitus and the musician will.i.am. and Germany.

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NCR

JUNE 29, 2016

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.

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Millennials social media User Experience Branding 45

PYMNTS

AUGUST 13, 2019

Challenger banks have raised $100 million worldwide in the second quarter and are the fastest-growing FinTechs, Lindsay Davis, a senior intelligence analyst at CB Insights, told the FT. . They’re also coming into wealth for the first time,” she said, regarding millennials. . banking startups hold bank charters, the U.S.

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PYMNTS

SEPTEMBER 23, 2020

Trading FinTech Robinhood Markets Inc. The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. Sequoia, Andreessen Horowitz and 9Yards Capital are among some of the backers providing the new funds.

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PYMNTS

SEPTEMBER 18, 2019

The New York-based FinTech company Petal has announced a $300 million debt round from global investment bank Jefferies, adding to existing venture capital investments from Peter Thiel’s Valar Ventures, Rosecliff Ventures and others, the company announced in a press release on Wednesday (Sept. ABS capital markets for Jefferies.

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Cards Capital New York Millennials 133

PYMNTS

MAY 4, 2020

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. FinTech startups like Robinhood have been popular lately, attracting numerous new backers. The company, launched in 2013, is now valued at $8.3

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PYMNTS

SEPTEMBER 16, 2016

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. Everyone is talking about FinTech,” René Lomelî, operations director for 500 Startups , told Mexico IT. Companies are teaming up to bring Internet of Things coverage to the capital city.

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Fintech Capital Millennials Mobile 100

PYMNTS

MAY 6, 2016

Earlier in the week, we reported on the bust that is B2B venture capital this week. For a lot of consumer startups, it’s not always obvious how you are going to monetize, and there is a lot of competition for eyeballs,” explained 500 Startups venture capital lead Dave McClure in an interview last month with Reuters. “For Accounting.

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PYMNTS

JULY 3, 2019

million from investors including Partech, Axeleo Capital, Lafayette Plug and Play and others to further develop its loyalty program integrated into credit or debit cards. French startup Joko announced that it has raised €1.6

Cards 135

Cards Fintech Retail User Experience 135

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. The high failure rate of a new small business has entrepreneurs focused on simply surviving their first few years in operation.

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Strategy Millennials Data Online 279

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. It has also meant working in anticipation of the changing needs of millennial users. Among the participating FinTechs are Payso, SnapCheck and Token.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

JANUARY 12, 2020

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. FinTech startups have been aggressive at filling the banking void.

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PYMNTS

FEBRUARY 4, 2020

Among the most disruptive changes introduced in 2016 by the Jumpstart Our Business Startups (JOBS) Act is the opportunity for small, private businesses to raise capital via crowdfunding, adding yet another avenue to capital to the long list of traditional and alternative finance options available to small to medium-sized businesses (SMBs) today.

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Lending Capital Strategy Millennials 131

PYMNTS

JULY 22, 2019

Atom, a banking startup in the UK that caters to millennials, has raised £50M ($62.4 The bank targets millennials with its slogan “It’s all about you, you, you,” and with digital friendly options like mobile-first savings accounts, as well as loans for small businesses and mortgages. Musician will.i.am also contributed.

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PYMNTS

FEBRUARY 14, 2020

The wholesale bank will be divided into a separate investment bank that has a capital markets focus and a commercial bank providing back-end services for companies. Speed matters for FinTechs aiming to bring new products to market digitally and to target consumers not well served by traditional banking models.

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PYMNTS

OCTOBER 7, 2019

Silicon Valley FinTech Affirm is rolling out a new app that will give customers a way to shop at almost any store and split their payments, the company announced in a press release on Monday (Oct. Half of Affirm’s users are millennials or Gen Z, the company says. It also has raised $1.03 billion in a debt and equity combination.

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Payments Millennials Retail Cards 139

PYMNTS

NOVEMBER 16, 2017

As credit unions (CUs) face increased competition from traditional banks and new players from the FinTech crowd, many institutions ponder the same question: What can we do to keep our doors open? Membership could be obtained by spending five dollars on a share of capital stock. From Mill Workers to Millennials.

Millennials 101

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PYMNTS

JULY 22, 2019

Atom, a banking startup in the UK that caters to millennials, has raised £50M ($62.4 The bank targets millennials with its slogan “It’s all about you, you, you,” and with digital friendly options like mobile-first savings accounts, as well as loans for small businesses and mortgages. Musician will.i.am also contributed.

Millennials 100

Millennials Metro blockchain Lending 100

CB Insights

JANUARY 14, 2020

In case you missed it, the 5th annual Future of Fintech (June 14-16) is moving west to San Francisco. Here’s what to expect at this year’s event : 3 main stages: Future of Fintech, Future of Wealth, and Future of Insurance. 1 stage dedicated to the Fintech 250 (CB Insights’ list of the most promising fintech startups).

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San Francisco Fintech Capital Meeting 36

PYMNTS

AUGUST 8, 2019

The Australian FinTech firm launched in the U.S. Afterpay is a marketing channel to the world’s most valuable customers, the millennial and Gen-Z cohort.”. million (A$317 million) in new capital via a share placement last month, which involved Hancock and both co-founders selling a total of 4.5 fashion and beauty industry.

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Branding US Retail Millennials 117

PYMNTS

JUNE 21, 2018

The app was specifically targeted at millennials — roughly 80 percent of the Robinhood app’s beta testers were under 30 years old, with an average age of 26. billion in a new round of funding, with investors including Sequoia Capital , Kleiner Perkins Caufield & Byers , Iconiq Capital and Alphabet Inc.’s

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PYMNTS

MAY 5, 2020

N26’s co-founder and CEO Valentin Stalf said the FinTech has enough cash but went for additional funding as more people “bank from home.”. Robinhood Markets, coming off a new $280 million funding round backed by Sequoia Capital, has seen its value and services expand during the pandemic, according to a Reuters report. Banks in the U.S.

Payments 140

Payments Millennials Fintech Online 140

Jeff For Banks

JULY 5, 2022

They are/were the business owners, demanders of capital and loans, and significant depositors. Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?" There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs.

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CB Insights

MARCH 14, 2018

Millennials stand to inherit approximately $30T from their parents, the baby boomers, in the coming decades, and both upstarts and advisors are vying for a piece of the pie. Fintech companies focused on wealth management continue to gain popularity over traditional advisors. What’s at stake? Wealth Tech. Wealth Tech.

Millennials 53

Millennials Trends Management Company 53

Abrigo

MAY 5, 2022

Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm. Some recent episode titles: “Secret Sauce for Deeper Relationships & What’s So Nifty About NFTs” and “Fintech Investment and Growth Opportunities.” keep me informed. Whitepaper. CECL Models.

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Bank Innovation

JUNE 28, 2018

Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal financial management app for millennials, MoneyLion, according to company CEO Farhan Ahmad. For the task, San Francisco-based Bento raised $9 million in a new round of funding today.

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San Francisco Millennials Tools Management 170

PYMNTS

JANUARY 14, 2017

For all but the most well-capitalized early in life, the ability to borrow funds is critical — at least if one wants to get a college degree, own a car or a buy house. About 60 percent of younger millennials think they can wipe out their debt by age 30. Debt is something of a strange topic for Americans. On The Bright Side.

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Millennials Data Cards Study 100

PYMNTS

MARCH 6, 2019

The study reported that for every dollar of capital raised, women-run startups generated 78 cents in revenue, compared to 31 cents for men-run startups. The problem is that female-founded firms still lack in venture capital funding. The first challenge, Biggar noted, is a typical FinTech challenge.

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Regional Capital Study Leadership 179

CB Insights

JULY 11, 2019

Today, there are over 20 fintech startups that have crossed the 1 million customer account mark, according to CB Insights data — including Acorns , Robinhood , SoFi , Coinbase , and Credit Karma , among others. oVER 20 Fintech startups with 1m+ customer accounts. fintech startups are Changing the consumer experience.

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PYMNTS

DECEMBER 28, 2018

Capital One and Discover have both announced that they will be tightening their underwriting standards in the new year, and Goldman Sachs has gone from plans of expanding its online consumer credit product Marcus to plans of reining it in somewhat next year. Resetting Mortgage Services. They are becoming homebuyers.”

Millennials 145

Millennials Lending System Data 145

Current

OCTOBER 20, 2020

We’re a fintech, not a bank Fintechs obtaining their own banking licenses has been a hot industry topic as of late. Costs: Servicing a bank charter would require a significant amount of capital reserves. Unit economics: As a fintech, we have partnerships with issuing banks. What about us? You can sign up here to attend.

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Conference US Resources Fintech 108

PYMNTS

MAY 23, 2019

Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. The company plans to market its card to credit-wary millennials who want to avoid getting into a deep debt cycle, but who also want the incentives of owning a credit card.

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Cards Millennials FDIC ATM 135

CB Insights

NOVEMBER 5, 2019

There are just two China-based fintech businesses valued at over $100B in the world. The second, conceivably, is Tencent’s fintech business. In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap.

Fintech 51

Fintech social media Analysis Marketing 51

CB Insights

DECEMBER 10, 2020

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. This makes the sector an attractive target for fintech companies. . Where Top US Banks Are Betting On Fintech. First name. Company Name.

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