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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

As of 2013, 70% of millennials believed that the way that people purchase things would be totally different in 5 years, and 33% believed that one day they won’t need a bank at all. Investing: Robo-advisors and micro-investing lower barriers to entry. Investing: Robo-advisors and micro-investing lower barriers to entry.

Finance 77
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. The company was ultimately acquired by PayPal in 2013, and now represents a sizable chunk of its merchant business. This risk is reflected in processing fees, which are higher for online transactions. Source: Square.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Given how far we’ve moved into digital spaces, it’s hard to imagine people will return fully to brick-and-mortar alternatives. In May 2020, micro-investing app Acorns followed suit, adding a Spend Account alongside its investment and retirement products. There are also benefits on the business side. Source: Recorded Future.

Posting 101
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13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List

Fintech News

Of the 13 Southeast Asian companies that made it into this year’s list, six are returning honorees from 2023. For lenders, Akseleran promises attractive returns, with investments starting from IDR 100,000 (US$6). Opn (Thailand) Founded in 2013, Opn is a provider of online payment solutions and digital transformation services.

FinTech 127