PYMNTS
FEBRUARY 14, 2020
Millennial purchases grew 36 percent in 2019, which Bergsund sees as the key to what he calls the next generation of wine drinkers. Millennials are leading a premium trend for wine. Millennials are also leading a trend in high-end spirits, which will be a focus for 2020. Revenue from the company’s mobile app grew 60 percent.
PYMNTS
SEPTEMBER 15, 2017
The teams at FinTech startup LendUp and Oakland-based Beneficial State Bank think very differently about that relationship. According to Orloff, LendUp and Beneficial State came up with the idea to offer a socially responsible credit card product several years ago, but it only came to market this spring.
Fintech Labs Insights
OCTOBER 13, 2020
Description: Alternative credit scoring and lending in emerging markets. Target customers: Millennials. Metrics: – LOIs with 3 major non-profits – $80M of aid payments already committed – Another $87M in pipeline – 1% global market share BEFORE full launch. HQ: Oakland, CA. You can watch the entire 41-minute program here.
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