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Outdoorsy Makes Happy Campers Out Of RV Owners And Renters

PYMNTS

That’s the market summary Outdoorsy Co-founder and CEO Jeff Cavins gave to PYMNTS' Karen Webster on the status of his RV rental platform, which’s about to cross the billion-dollar bookings milestone in only its fifth year in business. The millennials love mobility. There is no Hilton in Yosemite. times the average Airbnb stay.

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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. The bank will offer no other products and services.”.

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How Pet Plate Humanizes Custom Meals For Dogs

PYMNTS

and has three distribution centers, in New Jersey, Illinois and Utah. Allen breaks the company’s target market into two buckets, starting with millennials. Allen pointed out that the direct-to-consumer (DTC) model allows for small companies that are innovating to quickly get their product to market.

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Meal Kit Startup Gobble Hires From Starbucks, Blue Apron

PYMNTS

Gobble currently serves seven western states: California, Nevada, Washington, Oregon, Arizona, Idaho and Utah. It accommodates a bigger market, is fine-tuned and better for each individual family and, lastly, is most predictable, thus creating the most cost advantages and affordable service at scale.”.

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Coachella By The Numbers Looks More Like Cashella

PYMNTS

The strategy was first introduced at last year’s Coachella and has also been used to ferry attendees to the Consumer Electronics Show in Las Vegas as well as the Sundance Film Festival in Park City, Utah, both of which took place in January.

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

FICO

The company says that over half of Afterpay’s customers in the United States are millennials, aged 25 to 40 years old. Afterpay’s growth numbers are consistent with those contained in the Journal article , which says that roughly one in five millennials used a buy now, pay later service in 2020, about double the rate of Gen X.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

And before the dot com crash, Goldman Sachs’ IPOs did tend to jump an average of 293% from their starting price through their first Friday on the market — compared to 26% for the bank Donaldson, Lufkin & Jenrette and 78% for Merrill Lynch. When Facebook went public in 2012, the stock fell 15% in its first few days on the market.