Remove Innovation Remove Lending Remove Magazine Remove Taxes
article thumbnail

The Coming Millennial FinTech Crisis

PYMNTS

While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. Chetty and his team did that by gaining access to the anonymized tax returns of people in their mid-30s over a 40-year period between 1940 and 1980. How will mortgage lending have to change?

article thumbnail

Why Regulators’ War On Fees Will Kill Consumers

PYMNTS

Wired magazine blazed “Free! And speaking of free, they surely have a great “free” thing going themselves — they get paid really good salaries and other perks that are – let’s sing this together now – “tax FREE!”. And who can’t get any other people to lend them money on a short-term basis.

article thumbnail

From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

Lending Club made changes to its business model that created new opportunities for growth. Lending Club. Entrepreneur Magazine named it as one of the top 5 places outside Silicon Valley to start a company in 2015. Notably, Zynga pioneered event-based analytics to innovate and add sticky features and mechanics to their games.

Lending 78