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Outdoorsy Makes Happy Campers Out Of RV Owners And Renters

PYMNTS

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 There’s also a demographic driver happening right now, he said, where younger Gen-Z and Millennial consumers want something different than marble hotel lobbies. The millennials love mobility.

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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.

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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. Garg also sees potential for disruption to quick-service and fast-casual restaurants, though she predicts that fine dining will stick around, as it is more experiential and attracts the rising population of millennials.

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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. The food is human-grade and made in a USDA facility, and Allen says it is high quality, nutritious and safe for dogs.

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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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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Millennial saving & investing app. HQ: Provo, Utah. Latest round: $3.1 million Seed. Total raised: $4.2 HQ: New York City. Source: FT Partners. Latest round: $3 million Seed. Total raised: $3 million. HQ: London, England, UK. Source: Crunchbase. HQ: Dublin, Ireland. Source: Crunchbase. Lift Credit. Online consumer lending.

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