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Lenny Includes Personal Finance Services in Lending App

Bank Innovation

Two months in, Lenny – millennial-focused mobile lending app – is ready to hit the market with new budgeting and billpay products. Launched mid-March, Lenny’s goal is to help millennials build credit scores while still in school, with loans up to $10,000 and 0% interest (if paid on time). So far, Read More.

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Might Millennials’ Dissatisfaction Hint At Housing Downturn To Come?

PYMNTS

News came this week, as noted across sites such as CNBC , that millennial homeownership has been creeping along. Bankrate polled 1,500 homeowners, and found that 63 percent of millennials say they have regrets about having bought the home they are in. PayPal Lending: Takes off in the U.K. , percent, compared to 11.9

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Toyota Plans To Turn Millennials Into Car Owners

PYMNTS

That bet could complicate, in a positive way, some of the general ideas out there about the preferences of millennial consumers. The integration of such tools is designed with those millennials in mind, part of the company’s effort to gain more revenue from a new generation of drivers. Not So Much About Tech As Marketing.

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Amex Updates Blue Cash Card To Reflect Millennials’ Spending

PYMNTS

consumer lending and acquisition at American Express. The payment company said research shows millennials are spending the most on groceries, streaming and commuting. “If I had to pick, I’d argue that the best potential fits are older millennials and Gen Xers.

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The Instant Payments Divide: How Lenders Can Use Disbursements To Create Lasting Trust

PYMNTS

The lending industry was hit hard during the pandemic’s early months, with many banks and traditional lenders rapidly adjusting their standards and rates to accommodate businesses’ and consumers’ shifting needs. Instant Payments and the Millennial Push. The Disbursements Expectation Catch.

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Lendified And The SMB/Millennial Connection

PYMNTS

The CEO told PYMNTS that the $20 million credit pact will be earmarked for direct lending and that there is a “multiplier effect” that would come as that money is moved into the economy — enough so that more than $60 million in final funding may result, which could help create new businesses and jobs.

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How Sezzle Wants To Help Millennials Without Sizzling Credit

PYMNTS

Among millennials, that number drops below 30 percent. Millennials don’t have credit cards because they don’t have FICO scores, or at least not the kind of FICO scores that inspire issuers. “If Paradis thinks that’s bad for millennials — many don’t agree — and the merchants who want their business. “We