Tag: Gen Z

Activity, Investment Banking

Gen Z Seeking Investments that Align with their Values, but Unsure How to Begin Investing, U.S. Bank Survey Finds

August 1, 2023

Via: Yahoo

Over the last few years, inflation, rising interest rates and high costs for just about everything have impacted nearly everyone – but for Gen Z, the economic environment has had a profound impact, a new U.S. Bank survey found. Members […]

Activity, Retail Banking

Gen Z banking app provider turns its sights on banks

March 30, 2023

Via: American Banker

Greenlight Financial Technology, the company behind a challenger bank for kids and parents, has received investments from banks such as Wells Fargo and collaborated with JPMorgan Chase for its First Banking product for kids. Now it is formally extending its […]

Activity, Retail Banking

Gen Z banking app GoHenry expands to Europe through Pixpay acquisition

July 12, 2022

Via: Banking Dive

GoHenry and Pixpay will continue to operate under their own brands with no change in leadership, headquarters or headcount, according to a press release. “Pixpay is the most developed player in Europe and we’re excited to combine our expertise in […]

Activity, Corporate Banking

UBS agrees $1.4bn deal to acquire wealth management platform Wealthfront

January 27, 2022

Via: FinTech Futures

The platform will serve as the foundation of the bank’s digital-first wealth management offering. UBS says the move underscores its US expansion ambitions as it looks to grow its customer base by catering to “the next generation of investors”. Wealthfront […]

Activity, Retail Banking

New US fintech Monai to gamify savings for Millennials and Gen Z

October 7, 2021

Via: FinTech Futures

Monai, which is still in the waiting list stage, says users can use time spent playing mobile games to earn interest on savings they deposit in the app. The firm also promises to offer a savings advisor, which will provide […]