article thumbnail

Outdoorsy Makes Happy Campers Out Of RV Owners And Renters

PYMNTS

Where travelers and RV owners used to connect online via Craigslist, Outdoorsy now offers a professionally managed, full-service global platform with over 200,000 vehicles in over 4,800 cities and 14 countries. There's no Airbnb in Arches [National Park in Utah],” he said, noting that the average 8-day Outdoorsy RV rental was about 3.5

article thumbnail

SoFi Officially Files For A Bank Charter Of Its Own

PYMNTS

Officially SoFi is looking for an industrial loan charter under the name SoFi Bank in Utah. SoFi specializes in marketing financial and loan products for millennial consumers who tend to prefer the firm’s online-only approach to finserve. SoFi has confirmed the news.

FDIC 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Meal Kit Startup Gobble Hires From Starbucks, Blue Apron

PYMNTS

The meal kit startup, an alternative to visits to grocery stores, has hired Steve Robinson, former head of global logistics and supply chain at Starbucks, and Brian McEvoy, former assistant general manager at meal kit competitor Blue Apron, to lead its scalability efforts.

Idaho 118
article thumbnail

BNPL Fraud — When "Buy Now, Pay Later" Backfires

FICO

For these reasons, BNPL loans, which are convenient and fast, can be an excellent spend management tool. The company says that over half of Afterpay’s customers in the United States are millennials, aged 25 to 40 years old. They can then choose the BNPL option at checkout. customers more than double to 6.5 Who Shoulders the Risk?

Fraud 52
article thumbnail

Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In the world of asset management, the biggest players are now dedicated firms like Vanguard. Total assets under management (AUM) at the top asset managers now dwarfs total AUM at the top banks. The disruption of asset management. Task management platform Asana went public via DPO in September 2020.

article thumbnail

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, policy management, mobile. Total raised: $69 million.

Company 12
article thumbnail

THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ).

Utah 60