PYMNTS

JANUARY 19, 2018

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. The investment was led by GGV Capital and Digital Sky Technologies, with participation from Founders Fund, AME Cloud Ventures and Vaizra Investments.

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Millennials Las Vegas New Jersey New York 128

PYMNTS

DECEMBER 2, 2019

In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. Figure’s other co-founders include Cynthia Chen, a recent venture partner of DHVC (Danhua Capital), and Alana Ackerson, former CEO of The Thiel Foundation. They shelled out an average of $479.40

Millennials 100

Millennials Strategy Payments United States 100

PYMNTS

SEPTEMBER 14, 2016

Plagued for the last several years by complaints about clunky styling, the latest RBC Capital Markets survey indicates that Banana Republic’s data would best be represented by the sound of 505 young women vomiting. We think repairing Banana Republic will be a longer battle,” wrote RBC Capital Markets Analyst Brian Tunick.

Millennials 100

Millennials Branding Survey Capital 100

PYMNTS

MARCH 20, 2018

Helping CUs Engage and Retain Millennial Talent . When it comes to careers, millennials are more mission-driven than previous generations. In the war for talent, this gives the credit union market an advantage in encouraging millennial job candidates to pursue careers in the industry. The good news?

Millennials 110

Millennials Report Community National 110

PYMNTS

MARCH 21, 2017

There’s no disputing that fact — between saving for retirement to building up capital for a new home or a college education, there’s no shortage of life decisions that revolve around money. When it comes to making decisions about finances, TD Ameritrade’s study concludes millennials’ savings actions to be superior.

Millennials 105

Millennials Study Survey Tools 105

PYMNTS

DECEMBER 15, 2020

Debatably the most impactful payments innovation of recent years — and that’s saying something — BNPL is having a massive impact on retail, as evidenced by the proliferation of brands and the steady flow of venture capital to players that are defining the space. Bridge Millennials Crossing Over To BNPL. percent of bridge millennials.”

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Millennials Report United States Study 256

PYMNTS

JANUARY 18, 2018

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. Capitalizing on the trend, French fashion retailer Louis Vuitton , part of LVMH , launched an eCommerce website in China in 2017.

Millennials 100

Millennials Branding Retail America 100

PYMNTS

AUGUST 23, 2016

Lendified , which offers loans to small Canadian businesses online, said earlier this month that it has secured a $20 million credit facility through Liquid Capital. So it is with the extension of credit to smaller firms who need the funds to gain top-line traction.

Millennials 100

Millennials Lending United States Maine 100

Bank Innovation

AUGUST 26, 2016

is one thing that old and young can agree on One conference session that I ignore is the one that tells me that Millennials use mobile phones and that explains their adoption of new financial services. Image source It’s the fees stupid! The conference session usually starts with a middle aged Read More.

Capital 170

Capital Conference Millennials Mobile 170

PYMNTS

JANUARY 26, 2021

The round, headed up by Sequoia Capital , doubled the company’s total funding to $120 million, the release stated. PYMNTS reported that Pilot’s services could especially help millennial business owners, as those types of businesses are the ones often in need.

Millennials 262

Millennials Taxes Boston Analysis 262

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. and yes, this looks like card data breach. these days.

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

MARCH 16, 2016

Whole Foods and other retailers capitalizing on the at-home health food craze were able to get out in front of millennial eating trends — or, at least, start riding at the crest of the wave. In the morning, TGI Fridays hopes young millennials will come in to work at reservable tables. ” Hang out they’ll have to.

Millennials 100

Millennials Alabama Branding Texas 100

Bank Innovation

OCTOBER 6, 2016

She hasn’t sought venture capital funding; she doesn’t do beta and she isn’t pitching to millennials, the demographic du décennie. Janice Diner is not your typical startup founder. On going forward without backers, the CEO of Horizn says: “We never do anything for free. We get paid for what we do.”

Millennials 292

Millennials Innovation Capital Operations 292

CB Insights

FEBRUARY 8, 2016

See Betterment, LearnVest Sequoia Capital and S&P at The Future of Fin Tech Conference. Spanning a cohort born between 1980 to 2000, millennials broadly make up one of the largest generations in history (bigger than the baby boom generation). Millennials … Continued.

Millennials 53

Millennials Conference Fintech Capital 53

PYMNTS

OCTOBER 4, 2020

2) for DPCM Capital Inc. , Hims , a direct-to-consumer company selling health products targeted at millennials, is using a SPAC to go public , for example. There’s a real need for quick, confidential capital and price certainty and for sponsorship in the markets,” he said. Emil Michael filed an S-1 prospectus on Friday (Oct.

Google 257

Google San Francisco Capital Millennials 257

PYMNTS

MAY 3, 2016

The latest findings from Capital One’s Spark Business Barometer found a significant decline in small business optimism this year compared to their sentiments this time last year, reports said on Monday (May 2). Capital One did uncover good news, however. The economy may be in recovery, but small businesses in the U.S.

Capital 100

Capital social media Leadership Millennials 100

American Banker

AUGUST 23, 2023

Banks like Capital One, U.S. Bank and Santander are updating their floor plans and their menus — often with a discount on food or beverages for cardholders — to reach more millennial and Gen Z consumers.

Millennials 69

Millennials Capital Payments 69

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

PYMNTS

JANUARY 19, 2021

Researchers found that FIs offering “innovative options such as interactive and contextually relevant video content stand to improve engagement and customer experience, especially among younger generations like bridge millennials and millennials.”. Irrelevant, Ill-Suited Info.

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Study social media Millennials Retail 196

PYMNTS

OCTOBER 7, 2020

And then there are the millennials. Millennials spent an average of $509 on Black Friday in 2019, with bridge millennials coming in at $479. Both millennials and bridge millennials said they preferred to buy gifts for others online last year, with 48 percent and 54.1 consumers representing some $112.5

Millennials 241

Millennials New York City Retail Study 241

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

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

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. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

OCTOBER 16, 2020

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. The Indian payments upstart was founded in 2016 to serve the financial needs of the millennial and Gen Z generations.

Millennials 131

Millennials Payments Cards Fintech 131

Bank Innovation

APRIL 19, 2019

The Detroit, Mich.-based based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the Ally’s total depositor count to 1.77 million — a 20% YoY increase.

Detroit 186

Detroit Millennials Online Capital 186

PYMNTS

SEPTEMBER 27, 2020

Meanwhile, millennials and Gen-Z spent 44 percent and 72 percent more on orders if BNPL was available as an option, the Tracker says. After a recent $55 million capital raise , Sezzle plans to focus more on that area of business. Bork is responsible for Sezzle’s large-scale acquisition efforts.

Leadership 302

Leadership Millennials Retail Study 302

NCR

MAY 18, 2017

That proportion rises to 62 percent of millennials. Citi, Capital One and Wells Fargo are among the other financial institutions working with Zelle, a digital payments network that allows users to make instant electronic transfers between accounts using a web interface or mobile device. . ” Image: iStock/BernardaSv .

Millennials 45

Millennials US Payments America 45

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.

Cards 133

Cards Capital New York Millennials 133

PYMNTS

DECEMBER 8, 2020

billion, and a $20 billion value would show the growth in the company's platform, which has worked to give millennials an easy way to get into amateur stock market trading. In its last private fundraising round in September, Robinhood was valued at $11.7 Tenev said those customers are seeing this as the beginning of their trading journey.

Millennials 174

Millennials Capital Marketing Analytics 174

PYMNTS

JUNE 23, 2020

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. The sole sector doing well thus far in 2020 is healthcare, which has seen strong shares from telemedicine company Teladoc.

US 175

US Data Comparison Millennials 175

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

Perficient

JULY 12, 2022

Successful financial services firms will capitalize on their robust sets of operational data to create actionable insights across a connected digital ecosystem and deliver integrated, seamless, tailored customer experiences. population is considered Millennial or younger, as of July 2019) , the demand for personalization grows.

Industry 294

Industry Branding Customer Experience Marketing Automation 294

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

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

OCTOBER 1, 2020

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.

Millennials 160

Millennials Report Trends Capital 160