Remove Comparison Remove Lending Remove Management Remove Millennials
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America’s Expanding Debt Footprint (And What It Really Means)

PYMNTS

And not just one branch of underwriting — for a short while there, it seemed like all of it had hit Game Over status — with consumers; SMB and even enterprise-level lending slowed to a near stop. “This level of debt is more manageable than it was at the time of the financial crisis because of those income numbers.

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P2P Payments Find Fresh Fuel As The 2020s Loom

PYMNTS

Instant lending is the largest monetizable transaction type with Venmo, said management, and the remainder is split between Venmo Card and Pay with Venmo. For instance, according to one report from LendEDU , a student loan refinancing company, about 33 percent of millennials had paid for drugs via Venmo – and that was in late 2017.

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Innovation in the Asset Management industry

Tefkin

While other sectors attract more mainstream press attention (payment, retail banking), the asset management industry is also deeply affected by “software eating the world” Asset Class Competition. Traditional asset management companies are increasingly facing competition on both sides of the performance scale.

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Don't Bank. SoFi

Jeff For Banks

After its most recent capital raise in September, SoFi, a marketplace lender that focuses on millennials, has raised nearly $1.5 By comparison, over 100 year old and $7.7 How good is their system compared to FICO, or other FinTechs that feel they are more evolved in credit risk management? We don't know.

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Axos Invest Review: Automate Your Investment Portfolio

MyBankTracker

Axos Invest makes that simple to do with its range of managed portfolios. People who want the benefit of managed portfolios with minimal fees. Invest automatically with managed portfolios. This can be an advantage if you’re investing with a robo-advisor that charges an annual management fee. What’s the Cost?

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The Massive Opportunity For Insurance Tech In Indonesia

CB Insights

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. Two that are already seeing lots of activity are payments and lending. Meanwhile, alternative lending is also seeing strong growth, with P2P fintech platforms distributing $1.4B

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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. Millennial saving & investing app. Tags: Consumer, insurance, health care, comparison shopping, API, developers.

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