Tagged: gen z

India’s FamPay, a Neobank for Teenagers, Reveals that Most Tech-Savvy Young People are Still Making Cash Payments

Younger people in India including Millennials and Gen Z consumers are usually quite tech-savvy because most of them have grown up using the latest smartphones. They regularly use the internet to take care of everyday tasks – which may include conducting digital transactions for online… Read More

Digital Banking: Razer Fintech CEO Says they’ll Use Singapore Launch as Way to Branch Out to Other Jurisdictions to Offer Financial Services

Razer Fintech’s parent company is reportedly backed by a cash balance of more than $500 million and has zero debt. Headquartered in Singapore, Razer Fintech plans to launch a global “youth bank.” The company’s management is currently laying the foundation and making other necessary preparations… Read More

Australian Digital Banking Challenger Alex Is Planning to Secure $7.1 Million via Series B Round

Australia based Alex, a digital banking challenger, is reportedly planning to secure about A$10m (appr. $7.1 million) in capital through a Series B investment round. As first reported by the Financial Review, Alex’s team of senior management professionals have been focused on acquiring additional funding by approaching various… Read More

Razer Fintech Partners with Singapore’s Lifestyle Marketing SaaS Provider, Perx Technologies, to Enhance Neobanking Experience

Malaysia’s Razer Fintech, the Fintech division of Razer (a multinational financial service provider), has teamed up with Singapore’s Lifestyle Marketing SaaS (software-as-a-service) provider, Perx Technologies, in order to provide better mobile-first customer engagement for financial services. Through the partnership, Razer Fintech will focus on transforming… Read More

Fintech Zenda.la Becomes First Mexican Company to Get Accepted to the IBM Hyper Protect Accelerator Program

Fintech firm Zenda.la has reportedly become the first Mexican company to get accepted to the IBM Hyper Protect Accelerator program, which is conducted through a partnership with Village Capital. Zenda’s management says that being accepted into the tech giant’s program is “especially relevant as we… Read More

Singapore Fintech Atlantis Introduces Digital Bank in India, will Focus on Serving Millennials and Gen Z Consumers

Singapore based Fintech firm Atlantis has reportedly launched a digital bank in India. The company’s business aims to target the estimated $15.7 billion global Millennial banking market. The neobank will mainly focus on serving Millennials (people born around 1980 to 1996) and Gen Z (born… Read More

Mexican Fintech Zenda.la Introduces New Insurance Package for Millennials, Gen Z Freelancers, Acquires Investment from Angel Ventures, Others

Companies from the insurance sector continue to develop products and services for tech-savvy younger clients including millennials and Generation Z consumers. Mexican Fintech firm Zenda.la has introduced an insurance product with pricing that adjusts to each individual consumers’ specific requirements and financial status. Zenda recently… Read More

Generation Z Still Listens to Parents When Selecting Banking Service Providers, Not Too Eager to Try Challenger Banks: Report

While it might be true that young people like to use innovative cell phone apps to streamline their daily activities, reports suggest that fancy software alone won’t necessarily help challenger banks when trying to attract business from Generation Z customers. This, according to a newly… Read More

Insurtech: Australia-based Coverhero Introduces Hustle Cover, an Income Protection Insurance Product for Gig Economy Workers

Coverhero, an Australia-based insurance technology (Insurtech) provider, revealed on December 17 that the launch of its first product, Hustle Cover, an “instant” and customizable income protection insurance product developed specifically for gig economy professionals. There are reportedly over 1.5 million Australian residents that are now… Read More

Blockchain Holds the Key to Unlocking Gen Z’s Marketing Wishes

Gen Z: You know, the generation that dumped Facebook for Instagram, and prefers YouTube videos to cable TV. Gen-Zers were born after 1995 and are expected to represent 40% of consumers by 2020. The ‘post-millennials’ generation is growing older and marketing experts are creating new… Read More

ReliaMax Partners with LendingTree, SimpleTuition, Upstart & Student Loan Hero for Connext Private Student Loans

ReliaMax, a fintech-based and complete private student lending solutions provider, announced the launch of borrower acquisition channel partnerships as part of its Connext Private Student Loans by ReliaMax platform. The inaugural partners include LendingTree, SimpleTuition, Upstart and Student Loan Hero. Borrowers may now access ReliaMax’s Connext… Read More

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