Remove Capital Remove Millennials Remove Online Remove United States
article thumbnail

‘Costco For Millennials’ Attracts Big Investors

PYMNTS

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. Boxed has become one of the most sought-after tech startups because its distribution centers, which can provide 24-hour delivery to consumers’ homes in many parts of the United States.

article thumbnail

BNPL Is Poised To Light Up The COVID Holidays With Affordability

PYMNTS

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.”

Insiders

Sign Up for our Newsletter

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

article thumbnail

Lendified And The SMB/Millennial Connection

PYMNTS

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.

article thumbnail

ViSenze Sees Visual Search Growth In eCommerce

PYMNTS

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

article thumbnail

Mastercard Card Clearing In China, Unattended Retail, Rapid Settlements Top This Week’s News

PYMNTS

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. In fact, more online payments mean merchants have less cash in the till. Reynolds CEO: Recreating Grocery’s Home Goods Aisle For The Millennial.

Retail 141
article thumbnail

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.

article thumbnail

How Toys R Us Kids Became Amazon Adults (And What’s Next)

PYMNTS

Find any human being raised in the United States between 1978 and 1992, and ask them to sing the song. 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.

US 105