PYMNTS

JUNE 2, 2017

They must strive to maintain solid credit scores and solid performance over time in order to get access to capital at better rates and terms.”. The media focus on Millennials as if there is no other growth group. Yes, but they are more likely to get that funding from non-bank lenders that charge higher interest rates.

Millennials 111

Millennials Study Lending Capital 111

PYMNTS

APRIL 24, 2017

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. Now reports indicate that BJ’s owners, CVC Capital Partners and Leonard Green & Partners, are looking to sell the company for just north of $4 billion. InterContinental Hotel Group, the U.K.-based

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

NOVEMBER 5, 2020

Webster pointed to Main Street SMBs as “a segment of physical retail that may even have the best of all digital/physical retail options,” and noting that “Direct-to-consumer brands may find them to be an attractive outlet to capitalize on the hyperlocal shopping experiences with which consumers in those communities feel most comfortable.

Retail 252

Retail Millennials Online Report 252

Bank Innovation

APRIL 25, 2018

EXCLUSIVE— Millennial and Gen Z-focused credit card provider Deserve has raised $50 million from the Keystone National Group, funding earmarked for the startup’s expansion of account receivables, the company announced today.

Millennials 199

Millennials National Groups Cards 199

PYMNTS

OCTOBER 7, 2020

And then there are the millennials. Last year, they were the stars of Black Friday, spending more than any other demographic group. Millennials spent an average of $509 on Black Friday in 2019, with bridge millennials coming in at $479. Based on the results of this latest study, PYMNTS estimates that 84 million U.S.

Millennials 241

Millennials New York City Retail Study 241

PYMNTS

JUNE 23, 2020

Technology groups have powered the buoyancy of those firms, the Financial Times reported. 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

US Data Comparison Millennials 175

PYMNTS

DECEMBER 17, 2019

The company’s Series B round was led by GGV Capital. Eldridge Industries, Tribeca Venture Partners, 3L Capital, Softbank NY, Upper90 and Tenaya Capital also participated. Airbnb has taught us that hotels are not the only to stay,” Hans Tung, GGV Capital’s managing partner, told TechCrunch. It is currently in 12 markets.

Marketing 101

Marketing Millennials Capital New York 101

PYMNTS

OCTOBER 8, 2019

million through a Series B financing round that was in turn led by Ribbit Capital, based in the United States. Groww focuses on investment products and services marketed to millennials. The capital raised, according to reports, will be used in part to grow that merchant user base.

Fintech 144

Fintech Capital United States Groups 144

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.

Millennials 45

Millennials social media User Experience Branding 45

Abrigo

SEPTEMBER 26, 2017

Garver Moore, principal consultant with Sageworks Advisory Group, notes that millennials are entering career phases where they are starting new businesses and need access to capital. “In Read more about traits of millennial business owners here.

Millennials 150

Millennials Risk Management Capital Lending 150

PYMNTS

NOVEMBER 6, 2020

Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. Data Analytics Changes the Working Capital Management Paradigm. These users are receiving investments, insurance and income via those means.

Online 148

Online Payments Millennials Apple 148

PYMNTS

JUNE 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. By the same token, Capital One has brought three Capital One Cafes in Chicago.

Chicago 120

Chicago New York City Florida Miami 120

PYMNTS

AUGUST 14, 2019

Sure, millennials and bridge millennials use apps the most for planning in-store purchases — 47.9 PYMNTS defines bridge millennials as consumers between 30 and 40 years old. This group is more likely to have a college degree, be employed and earn higher salaries than other consumers.). percent and 42.8

Innovation 123

Innovation Retail Millennials Mobile 123

PYMNTS

MAY 22, 2017

Here’s how some big players are setting up to shift the goalposts even more in the coming years – by the numbers: 6 million + | Retail workers at risk of replacement by robots over the next 10 years, according to a new study by Cornerstone Capital Group. The change will likely start with cashiers.

Millennials 100

Millennials Data Bitcoin cryptocurrency 100

PYMNTS

JULY 30, 2019

The $4 million in funding was led by Experian Ventures, Dig Ventures and Cherry Tree Investments, along with participation from new and existing investors including Social Leverage, Wavemaker Partners and Mucker Capital, Stackin’ said in a press release. UPROXX Media was acquired by Warner Music Group, the press release said.

Digital Banking 116

Digital Banking Millennials Groups Capital 116

CB Insights

JULY 25, 2019

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.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

MAY 19, 2018

Though, as countless have pointed out over the last five years or so, millennials did make a valiant effort holding off that process by having their mothers do their laundry for as long as possible. These days, though, we call them Bridge Millennials. ” The Changing Buying Habits Of Millennial Parents.

US 105

US Millennials Branding Retail 105

PYMNTS

AUGUST 8, 2019

Afterpay is a marketing channel to the world’s most valuable customers, the millennial and Gen-Z cohort.”. The company is currently working with leading fashion and beauty online retailers such as Anastasia Beverly Hills, Anthropologie, DSW, Estee Lauder Group, Forever 21, Levi’s, MAC Cosmetics, Steve Madden and Urban Outfitters, among ?many

Branding 117

Branding US Retail Millennials 117

PYMNTS

FEBRUARY 23, 2017

Our data confirms the growing importance of artificial intelligence for eCommerce as today’s online shoppers, and in particular millennials, want to spend less time searching for the products they want to purchase,” said Oliver Tan, cofounder and CEO of ViSenze, according to Business Insider. Last September, ViSenze closed a $10.5

United States 136

United States Millennials Retail Capital 136

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. Millennials are now the largest generation in the workforce and 2x more likely than the average investor to make a sustainable investment. What’s at stake?

Millennials 53

Millennials Trends Management Company 53

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. Japan’s Credit Saison, affiliated with Mizuho Financial Group, has extended $100 million in digital lending. “We

Fintech 130

Fintech Millennials Online Lending 130

PYMNTS

SEPTEMBER 30, 2019

Activities marketplace Fixers , for instance, sees millennials as their target market, as they tend to prefer experiences over things. Millennials make up about a third of the U.S. But it is not a simple opportunity to capitalize, and it isn’t the traditional high-end travel transaction of the past. ” It had notched $2.5

Payments 125

Payments Los Angeles Innovation Millennials 125

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.

Millennials 100

Millennials Data Cards Study 100

PYMNTS

JUNE 8, 2018

Human capital management company Ceridian HCM Holding announced on Thursday (June 7) a new feature of its Dayforce HCM solution that can help business users address issues with employee retention. Ceridian announced Dayforce Flight Risk, a solution that uses predictive analytics to forecast when an employee may be ready to quit.

Survey 122

Survey Millennials Tools Analytics 122

PYMNTS

AUGUST 26, 2019

Others focused on groups that were normally left out when designing and formulating products, with men being a particularly favored group. Instagram has been particularly crucial to building its loyal following among millennial and Gen Z shoppers, with a follower count of 450,000 and growing.

social media 109

social media Branding Capital Millennials 109

PYMNTS

JANUARY 21, 2019

Other investors to participate in that round included Sandbridge Capital and Great Hill Partners. A recent report from the CBRE Group found 56 of the largest 100 warehouse leases in the first half of 2018 were with eCommerce firms and third-party logistics providers.

Online 122

Online Millennials Retail Report 122

Payments Source

MARCH 29, 2018

Amazon.com has millennial shoppers nailed down. But one group of potential customers has eluded the world's biggest internet retailer: teenagers. And their parents. And most of their grandparents.

Millennials 65

Millennials Cards Groups Retail 65

PYMNTS

MAY 28, 2019

Much thought is given to millennials and even Generation Z — consumers who were born during fixed periods of time, and who are having an increasing impact on payments and commerce. million in fresh capital. That group of consumers, born between 1997 and 2016, is 86 million strong and influences $600 billion of spending by families.

Digital Banking 139

Digital Banking Google Mobile Groups 139

Jeff For Banks

FEBRUARY 20, 2016

The format was to first ask a couple of group questions. The second group question regarded capital. Where would the smaller financial institution get its next injection of capital, should it need it? Some rely on a relatively small group of local investors, including employees and board members.

Conference 60

Conference Community National Millennials 60

PYMNTS

OCTOBER 9, 2017

81 percent of millennial small business owners are confident in the U.S. economy , more than other age groups, according to the First Citizens Bank Small Business Forecast released last week. Researchers also noted that millennial small business owners are more eager to grow their companies compared to Generation X or baby boomers.

Payments 101

Payments Millennials Survey Cards 101

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. 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

Fintech Capital Millennials Mobile 100

PYMNTS

DECEMBER 20, 2016

Capital One just release the results of its first Credit Confidence Study of 2,300 people who are new to establishing credit, building or rebuilding their scores. Researchers with Capital One say the study aims at understanding thoughts, attitudes, behaviors and expectations related to managing their credit.

Study 100

Study social media Capital Millennials 100

PYMNTS

SEPTEMBER 19, 2018

They are increasingly seeing the upper-end of their prime demographic, a group PYMNTS titled bridge millennials. Target also tends to do well with customers who make over $100,000 a year, with 25 percent of its shoppers reporting that level of income.

Millennials 138

Millennials Montana social media Branding 138

PYMNTS

MARCH 6, 2019

Yes, Instant Pot-side chats are the fireside chats of the millennial generation. Somewhat more seriously, the Instant Pot also seems to be the beloved dinner prep tool of the millennial generation. At the conclusion of the deal, both firms will be owned by Cornell Capital, which bought Corelle in 2017.

Branding 108

Branding Millennials Innovation Marketing 108

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

PYMNTS

JANUARY 30, 2020

30) from the Columbia Spectator , which covers news important to students at Columbia University and Barnard College in the global fashion capital of New York City. The Facebook group Buy | Sell | Trade at Barnard has over 7,000 members. This interaction can happen in as little as three steps: list, buy, and pick up.”.

Retail 142

Retail New York City New York social media 142

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.

Fintech 100

Fintech San Francisco Capital Big Data 100