article thumbnail

Wealthfront Raises $75M for its Millennial-Facing Investment Platform

Bank Innovation

Automated investing platform Wealthfront has just closed a $75 million round of funding, which will be used to build out its millennial-focused platform, the company announced yesterday.

article thumbnail

Trending: Meeting The Millennial Need For AI-Powered Visual Shopping

PYMNTS

Online marketplaces for everything from retail goods to travel services to hospitality need to ensure a quick and easy way for both buyers and sellers to transact with each other— or risk losing both sides to a waiting host of competitors. An AI-Powered Visual Shopping Experience For Millennials, Gen Z.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Online Health Startup Ro Raises $200M On $1.5B Valuation

PYMNTS

Online health startup Ro is valued at $1.5 Some have thought of Ro as a company tailored toward millennials, but the average user age is 46, CNBC noted. billion after a new funding round, furthering its business of offering customers digital medical advice, CNBC reported.

Online 150
article thumbnail

Five At Five: Amazon’s Online Ad Push Gains Steam

PYMNTS

Also, Samsung has a new plan to capture millennial consumer loyalty, there is new clarity at the Bank of England and a new scam hits home buyers. Amazon Increases Its Push To Capture Online Ad Dollars. Samsung Eyes Millennials With Smartphone Revamp. Mobile Users To Rely On Biometrics Security By 2023.

Online 100
article thumbnail

Can Cannabis Commerce Go Online?

PYMNTS

Millennials heavily favor legalization at 77 percent — no big shock there — but their baby boomer parents favor it even more heavily, at 81 percent. We came up with the idea of an online marketplace for cannabis because we were really looking at how people shop for everything. Fixing The Consumer Experience.

Online 156
article thumbnail

Online Liquor Sales Are Booming – Can Digital ID Keep Up?

PYMNTS

As online food delivery services proliferate amid the battle for customer loyalty, and as grocery and related stores strive to gain more digital footholds, the online sale of alcohol is growing and becoming a bigger part of all those plans. Online food delivery is in the midst of what might one day be called a golden age.

Online 169
article thumbnail

Why Small Business Owners Should Always Have An Exit Strategy

PYMNTS

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. “Now, when I log into my accounting software, I have a direct data flow from my revenue source,” Hutchison said.

Strategy 279