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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

Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal). 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.