Consumer Spending - All News And Posts By Crowdfund Insider

Indian Digital Payments Platform Simpl Reports 30% Increase in Transactions Involving Purchase of Essentials, After COVID-19

May 9, 2020 @ 1:01 pm By Omar Faridi |

India-based digital payments platform Simpl has reported a significant increase in transaction volume for online orders of daily essentials. The company claims there has been a 30-35% increase in the number of transactions involving the purchase of essential items. The change in consumer spending habits… Read More

Read more in: Fintech, Asia | Tagged consumer spending, coronavirus, covid-19, digital payments, india, online payments, simpl

Digital Bank N26 Reveals that Americans Are Saving About $220 per Month Due to Isolation Measures Following COVID-19 Outbreak

April 26, 2020 @ 10:25 am By Omar Faridi |

N26 Inc., the US-based subsidiary of digital bank N26 GmbH, one of the fastest-growing mobile-based banks in Europe, has published its global and US-specific research report, which reveals the impact that the Coronavirus (COVID-19) pandemic has had on the neobank’s finances. The all-digital bank reportedly… Read More

COVID-19: US Consumer Sentiment in March 2020 Experienced 4th Largest Monthly Decline in Almost Five Decades

March 30, 2020 @ 7:52 am By Omar Faridi |

The Michigan Consumer Sentiment Index (MSCI), a monthly telephonic survey that aims to capture and assess the sentiment of US-based consumers, recorded the fourth-biggest monthly decline in almost five decades driven by the Coronavirus (COVID-19) pandemic. The MSCI is used by investors as a way… Read More