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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

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. Investing: Robo-advisors and micro-investing lower barriers to entry. Payments: Mobile is replacing cash.

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

CB Insights

In the same way that Square built a payment-centric ecosystem for brick-and-mortar SMBs and micro-merchants, Stripe has reinvented online payment acceptance. In its Q3’19 10-Q, Square said Capital had originated 85,000 loans totaling $563M, up 38% year-over-year. Source: Square. Business lending & corporate cards.

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Piece By Piece: 14 Offsite Construction Companies Transforming The Building Industry

CB Insights

From Marriott opening its first modular hotel, to tech giants like Alphabet investing in modular housing, to Japanese retailer Muji launching prefab micro-homes, offsite construction methods are gaining traction. Their first units are available for pre-order in December 2017 for a $1,000 fee and a $139,000 unit. rematerials.

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If Facebook Wants To Be WeChat, Why Did It Launch Libra?

PYMNTS

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. Just like WeChat did. Of Messenger and Libra.

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

Fintech News

CNBC’s Pick of Top Fintech Firms in Southeast Asia Akseleran (Indonesia) Founded in 2017, Akseleran is an Indonesian peer-to-peer (P2P) lending platform is among the top fintech firms in Southeast included CNBC’s list. In addition, Opn offers consulting services through its Opn Pro brand.

FinTech 123
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In 2017, Andreessen Horowitz general partner Alex Rampell said that of all the tech giants that could make a major move in financial services: “Amazon is the most formidable. The patent expired in 2017 and opened up the market for competitors to launch off-marketplace payment solutions. children, were unbanked in 2017.

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

CB Insights

Despite the rising popularity of virtual workout options — most prominently embodied by Peloton — boutique brick-and-mortar fitness was in a period of rapid growth prior to the crisis, with memberships growing over 120% from 2013 to 2017, according to Bloomberg. Corporates have been finding ways to use the tech for several years.

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