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Millionaires, Millennials And The Great Avocado Debate

PYMNTS

Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

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Reseller Market Maintains Momentum With Nordstrom’s Entry

PYMNTS

Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue. It also manages resale programs for Arc’teryx, Eileen Fisher, Patagonia, REI and Taylor Stitch.

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Can Subscription Commerce Revive Floundering Movie Theaters?

PYMNTS

Whether it’s Netflix or Spotify, Farnsworth explained, millennials prefer subscription services for their anytime, on-demand access and the seamless experiences they offer. Once a show has been selected, MoviePass credits the user’s linked Movie Pass debit card with the full cost of the ticket. The service first cost its users $49.95

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. Financial supply chain management. Derivative risk management. HQ: New York City. HQ: New York City. Millennial saving & investing app. FinanceFox.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

Alt-lender targeting millennials . HQ: New York City. HQ: New York City. Lien rights management. HQ: New Oreans, Louisiana. Digital rights management platform on the blockchain. Tags: SMB, merchants, payments, acquiring, credit/debit cards. Total raised: $75+ million.

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Zola Gets Physical With Its Digital Wedding Registry

PYMNTS

Only Valentine’s Day manages to crack the top five – it gets the No. 2 spot after Christmas Day, followed by Christmas Eve, New Year’s Eve and New Year’s Day. When you think about millennial couples today, they are unlike any previous generation. They tend to live together before they get married.

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Fintech Trending: Look Who’s Chasing Venmo, Student Loan Servicing Falls Short

Fintech Labs Insights

They have Braintree -owned Venmo’s ( FD2016 ; F2013 ) millennial-focused social components stamped all over them: Founded by former N26 employees, Cookies launched this week to offer Germany-based users a free P2P payment solution. Venmo competition heats up. Lately we’ve noticed more P2P payment app competitors trickle in.

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