2017 Consumer Micro-Entry 
Fintech News
OCTOBER 22, 2024
Endowus Endowus illustration, Source: Endowus Founded in 2017, Endowus is a leading independent digital wealth platform in Asia, licensed by the Securities and Futures Commission of Hong Kong and the Monetary Authority of Singapore (MAS). The platform is designed for travelers and tech-savvy consumers alike.
PYMNTS
JUNE 20, 2018
Solopreneur, independent contractor, freelancer, gig worker – regardless of the name, micro-business owners can largely agree that, when it comes to traditional banking, they’re often left out in the cold. “Over the last 10 or 15 years, we’ve seen a lot of micro-businesses emerge that do a lot with fewer people.
PYMNTS
NOVEMBER 15, 2018
consumer spending this year on food and beverages, according to PYMNTS research , up from 0.8 For example, Takeoff Technologies uses extra space in a grocery store to construct automated micro-fulfillment centers (a concept also suitable, in theory at least, for pharmacies, convenience stores and quick-service restaurants (QSRs).
PYMNTS
JANUARY 5, 2019
But in September of 2017, Fortnite’s second iteration, “Battle Royale,” hit the web, and went on to spend much of 2018 going viral. “Fortnite is everywhere because the barrier to entry is so low,” said Jeff Gerstmann, editor-in-chief of Giant Bomb, a video game review site. The Magic of Micro-Transactions.
CB Insights
JULY 11, 2019
Companies are developing products and services aimed at transforming the consumer experience across everything from credit monitoring to personal finance. As a result, consumer adoption is at an all-time high. Top revenue generating: Credit Karma is reportedly on track to see $1B in revenue in 2019, up from close to $700M in 2017.
CB Insights
SEPTEMBER 10, 2019
The average millennial student debt load was $10,600 as of 2017 — about 2X more than what was owed by Gen X in 2004. Investing: Robo-advisors and micro-investing lower barriers to entry. Incumbents have taken note of consumers’ appetite for money management and saving solutions. Payments: Mobile is replacing cash.
PYMNTS
JULY 1, 2019
To understand why, we need to do a little time travel back to July 2017, when Facebook’s Messenger and its monetization strategy was front and center in the company’s Q2 earnings report. In fact, on Facebook’s Q2 2017 earnings call , there were high fives all around for its Q2 results. There simply weren’t any other options.
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