Remove Capital Remove Management Remove Millennials Remove Trends
article thumbnail

DoorDash, Airbnb IPOs; BNPL Trends; Pet Fraud Top This Week's News

PYMNTS

In this week's news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers' digital shopping trends. Capital One Halts BNPL Transactions On Its Credit Cards. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit. Trackers And Reports.

Trends 175
article thumbnail

Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO

PYMNTS

2) for DPCM Capital Inc. , The trend has grown in recent months. Hims , a direct-to-consumer company selling health products targeted at millennials, is using a SPAC to go public , for example. Hims , a direct-to-consumer company selling health products targeted at millennials, is using a SPAC to go public , for example.

Google 257
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Banks should know these 5 Traits of Millennial business owners

Abrigo

Everywhere you look, it seems, there are articles about Millennials: Millennial workers, Millennial customers, Millennial homeowners, Millennial voters. And banks and credit unions looking to grow business loan portfolios , especially, can benefit from insights into Millennial entrepreneurs.

article thumbnail

Consumer Credit Update for 2Q 2023

South State Correspondent

Even if your bank has limited consumer exposure, given that the consumer composes approximately 66% of the US economy, and, according to the yield curve and market pundits, we are all staring into a recession, paying close attention to consumer trends is critical. This bankruptcy profile is a new trend not previously seen.

Trends 195
article thumbnail

Millennials Are Driving One Of The Biggest Trends In Wealth Tech

CB Insights

Sudden volatility has shaken the markets and the state of wealth management. Find out what’s ahead for traditional wealth managers and wealth tech startups. 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.

article thumbnail

D2C Telehealth Firm Hims Plans SPAC IPO

PYMNTS

Hims , a direct-to-consumer (D2C) company selling health products targeted at millennials, is going public via a special purpose acquisition company (SPAC), CNBC reported. The SPAC will be sponsored by investment management firm Oaktree Capital Management.

article thumbnail

How long does it take to close a commercial loan?

Abrigo

For example, according to a recent poll during the Sageworks Risk Management Summit, 39 percent of bankers say it typically takes their financial institutions from three to six weeks to close a new commercial loan, and another 36 percent said it takes more than six weeks. Read more about traits of millennial business owners here.