Remove Caps Remove Micro-Entry Remove Volume
article thumbnail

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
article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

CB Insights

The company announced it would pass on the special card savings Amazon gets from card networks (because of the volume of purchases they can guarantee) to retailers that adopt Amazon Pay. Its first entry point in the market was in payments in October 2014. in 2017 and 2.6%