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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

Investing: Robo-advisors and micro-investing lower barriers to entry. Investing: Robo-advisors and micro-investing lower barriers to entry. As with robo-advisors, the rise of micro-investing apps is closely tied to millennials’ financial coming-of-age. Payments: Mobile is replacing cash. As of 2018, the app had 3.7M

Finance 77
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Sizzle Or Fizzle: The Ant Financial IPO?

PYMNTS

As is well known by now, Ant Financial , the Chinese micro-lending Internet player, has raised a whopping $4.5 The funding is a striking portrait of demand by investors with dry powder to gain entry into a nascent, technology driven market. billion in its latest financing round, a tidy sum above the $3.5

CFPB 40
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

However, this may be because the company is limited on how much capital it can lend without raising bank debt, or may be a strategic decision to keep a cap on growth to avoid regulatory pushback. Its first entry point in the market was in payments in October 2014. in 2017 and 2.6%

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Sleepless In 2017: The Eight Big Shifts That Should Keep FIs, Retailers and Payments Execs Up At Night

PYMNTS

Now, retail — like banking — is being challenged by a new competitor: that small mom-and-pop online bookseller that, 20 years later, has become the world’s most valuable retailer (as measured by market cap). Amazon didn’t just ride the online wave; it created it and inspired a whole generation of online sellers to do the same.

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Sleepless In 2017: The Eight Big Shifts That Should Keep FIs, Retailers and Payments Execs Up At Night

PYMNTS

Now, retail — like banking — is being challenged by a new competitor: that small mom-and-pop online bookseller that, 20 years later, has become the world’s most valuable retailer (as measured by market cap). Amazon didn’t just ride the online wave; it created it and inspired a whole generation of online sellers to do the same.