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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. Originally launched in 2015, Qapital has raised $51M in funding to date and gained roughly 420,000 users, who have reportedly saved nearly $500M. Investing: Robo-advisors and micro-investing lower barriers to entry. 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 With roughly $6.5

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

CB Insights

The bulk of growth in 2017 was to businesses in the US, where the company originated $1B in loans. 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. in 2017 and 2.6%