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Where Does Chime Go From Here?

Gonzobanker

While valuation at many fintechs has dropped since 2022, Chime has bucked the trend. Bloomberg recently reported that Chime, the leading fintech neobank, is planning to go public in 2025. Cornerstone’s numbers don’t jive, however, with what some of the other fintechs have reported publicly. of Millennials, 7.5%

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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Fintech services for seniors are targeting a range of sub-categories.

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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

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FinTech Is Flourishing South Of The Border

PYMNTS

Everyone is talking about FinTech,” René Lomelî, operations director for 500 Startups , told Mexico IT. It doesn’t hurt that more than half of Mexico’s online population is made up of millennials, who have increasing demand for smart devices and more engaging digital experiences. Mexico’s mobile industry has officially arrived.

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Dear Fintech, Give People Meaningful Experiences, Not Gold Stars

Javelin Strategy & Research

I’m not the first person to compare physical activity to financial activity but I think the comparison is really compelling. Unfortunately, a lot of Fintech players and financial institutions have integrated gamification on a very shallow level (this was the word of the year circa 2011 ). Dealing with money is an emotional experience.

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How TikTok’s GenZ financial influencers are changing finance

Lex Sokolin

For comparison, Mad Money has a Nielsen rating / audience measure of about 200,000 people per day. But all this is Gen X and Millennial stuff. This next generation has abandoned Facebook (usage of 32% for Gen Z vs. 84% Millennials) and adopted TikTok (35% vs 19%). You don’t need a resume or a recommendation. Just upload.

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