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Celebrity-Backed Digital Bank Aspiration Battling For New Funds

PYMNTS

Los Angeles challenger bank Aspiration was launched with great fanfare in 2015 by Co-Founder Andrei Cherny, a former speechwriter for President Bill Clinton. This is a company that would’ve gotten funded a year ago,” said a FinTech CEO told CNBC, requesting anonymity. Anyone saying otherwise doesn’t know the facts.”.

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

Fintech Labs Insights

Year-to-date fintech companies have raised $450 million in new equity, 67% more than the $270 million raised in the first half of January 2015. HQ: Los Angeles, California. Millennial saving & investing app. The post Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15 appeared first on Finovate.

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

Fintech Labs Insights

Here are the fintech deals by size from 12 March to 18 March 2016: Future Finance. HQ: Los Angeles, California. Alt-lender targeting millennials . Ghaio Fintech. The post Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18 appeared first on Finovate. Alt-lender to students. HQ: Brazil.

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Tuition.io Raises $5 Million in Series A

Fintech Labs Insights

as a “real game-changer for recruiting millennials.” Founded in October 2011 and headquartered in Los Angeles, Tuition.io He credited Tuition.io for “helping global companies attract and engage competitive talent while simultaneously addressing the $1.3 trillion student loan crisis in the U.S.”

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The 2015 GonzoBanker Awards

Gonzobanker

Disruptus Interuptus Award for fintech providers trying to beat the system that said, “Ah heck, let’s just sell and join the system”: Tie: Novelty media darling SmartyPig (SocialMoney) acquired by bank vendor Q2 for $10M. Millennials. Great work on both sides of this high-stakes conversion effort. Topic Nobody is Writing About.

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements. see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ). The big bang project is over.”

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