article thumbnail

Millennial Entrepreneurs’ Optimism Is Booming — Here’s Their Top Concern

PYMNTS

As millennials continue to grow their presence in the small business (SMB) community, the dynamics of SMB finance are also changing. According to some experts , millennial small business owners no longer accept mediocre or sub-par services from their financial providers.

article thumbnail

Trick Or Treat (Payments And Commerce Style)

PYMNTS

billion on candy and $400 million on greeting cards. More than 31 million Americans plan to dress up their pets this year for Halloween, with millennials leading the pack, so to speak. Obviously, for the person in South Carolina who bought the winning ticket, the approximately $1.6 billion on costumes , $2.7

Insiders

Sign Up for our Newsletter

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

article thumbnail

Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Recent days have brought the debut of the “first mobile-enable lottery card” in the state, according to the companies behind the card, Linq3 and Blackhawk Network. The product combines the gift card with the lotto entry, and here’s how it works, according to statement announcing the launch. Lotto and Payment Cards.

Ohio 103
article thumbnail

Turning Restaurant Payments Invisible

PYMNTS

In the case of BarFrog, Milici said the emotional pain points spawned from personal experiences of leaving a payment card at the bar. He noted that for millennials, who use mostly debit cards that are tied directly to their bank accounts, turning over that card to a bartender isn’t easy.

Payments 164
article thumbnail

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

Fintech Labs Insights

Millennial saving & investing app. HQ: Charleston, South Carolina. Tags: Enterprise, B2B2C, payments, mobile, SDK, API, developers, credit/debit cards. Integrated payment processor. Latest round: $10 million Series B. Total raised: Unknown. HQ: Shanghai, China. Source: Crunchbase. SaaS banking platform. million.

Company 12
article thumbnail

We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” These companies are making it easier to make a budget, invest, and buy stocks, as well as to get loans and credit cards. Robinhood’s clutter-free user interface design is flypaper for millennial audiences. bank accounts.

Tools 78
article thumbnail

24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

In March 2020, Verizon was forced to suspend operations at its call centers in Elgin, South Carolina and Wilmington, North Carolina, after employees tested positive for Covid-19. Now, remaining on-premises call centers have largely been disrupted by the pandemic. Stay-at-home orders have now only accelerated this decline.

Industry 101