| Date | Title | Description |
| 29.10.2024 | The Road Ahead: Navigating Consumer Trends in the Automotive and Retail Sectors | The automotive and retail landscapes are shifting. Consumer confidence is on the rise, but uncertainty looms. The latest studies reveal a complex interplay of optimism and caution. Let’s dive into the currents shaping these industries.
In t... |
| 29.10.2024 | Global Automotive Study 2024: Consumer Confidence Rebounds as Demand for Leasing, EVs, and Digital Features Accelerates | Global Automotive Study 2024: Consumer Confidence Rebounds as Demand for Leasing, EVs, and Digital Features Accelerates
Tue, Oct 29, 2024 11:00 CET Report this content
Simon-Kucher’s global automotive study highlights increased optimism, wi... |
| 24.10.2024 | Simon-Kucher's Holiday Report: 2024 Spending Up 8.4 Percent but Election Concerns Linger | Simon-Kucher's Holiday Report: 2024 Spending Up 8.4 Percent but Election Concerns Linger
Thu, Oct 24, 2024 16:22 CET Report this content
Analysis of 1,000 US consumers reveals how youthful “doom spending” and election concerns could help or... |
| 18.07.2024 | Global Streaming Market Faces Turbulence Amid Subscriber Shake-Ups | Global Streaming Market Faces Turbulence Amid Subscriber Shake-Ups
Thu, Jul 18, 2024 04:04 CET Report this content
Simon-Kucher’s 2024 Global Streaming Study reveals that streaming services face unprecedented demand for unique content oppor... |
| 17.07.2024 | US Streaming Market Grows, but Subscribers Plan to Cut Back | US Streaming Market Grows, but Subscribers Plan to Cut Back
Wed, Jul 17, 2024 17:11 CET Report this content
Almost half of subscribers plan to cancel one or more subscriptions within the next twleve months, however, streamers can fall back ... |
| 11.07.2024 | Australian Streaming Market Faces Turbulence Amid Subscriber Shake-Ups | Australian Streaming Market Faces Turbulence Amid Subscriber Shake-Ups
Thu, Jul 11, 2024 02:06 CET Report this content
Simon-Kucher’s 2024 Global Streaming Study reveals that streaming services face unprecedented demand for unique content o... |
| 08.07.2024 | Global Streaming Market Faces Turbulence Amid Subscriber Shake-Ups | Global Streaming Market Faces Turbulence Amid Subscriber Shake-Ups
Mon, Jul 08, 2024 11:30 CET Report this content
Simon-Kucher’s 2024 Global Streaming Study reveals that streaming services face unprecedented demand for unique content oppor... |
| 02.07.2024 | Travel Trends 2024: Global Report Unveils a Polarized Market Shaped by Luxury and Spontaneity | Travel Trends 2024: Global Report Unveils a Polarized Market Shaped by Luxury and Spontaneity
Tue, Jul 02, 2024 11:00 CET Report this content
Simon-Kucher’s study highlights soaring demand for personalized travel, Gen Z’s appetite for adven... |
| 26.06.2024 | Simon-Kucher Appoints Five New Partners in its Global Healthcare & Life Sciences Sector | Simon-Kucher Appoints Five New Partners in its Global Healthcare & Life Sciences Sector
Wed, Jun 26, 2024 14:47 CET Report this content
Boston/Toronto, June 26, 2024 – Simon-Kucher, a global consulting firm, has appointed Bryan Ciampa, ... |
| 24.06.2024 | New Survey Uncovers Customer Satisfaction within UK Financial Services | New Survey Uncovers Customer Satisfaction within UK Financial Services
Mon, Jun 24, 2024 14:42 CET Report this content
Self-Directed Investment Platforms Rated Highest for Value in Latest Simon-Kucher Consumer Duty Survey
[London, 24 June, ... |
| 18.06.2024 | Abde Tambawala joins Simon-Kucher as Partner in Technology, Media, and Telecom | Abde Tambawala joins Simon-Kucher as Partner in Technology, Media, and Telecom
Tue, Jun 18, 2024 19:40 CET Report this content
Boston, June 18, 2024 – Simon-Kucher, a global strategy and growth consultancy, recently welcomed Abde Tambawala ... |
| 26.03.2024 | Consulting Firm Simon-Kucher Receives Accolades in Forbes and Vault Rankings | Consulting Firm Simon-Kucher Receives Accolades in Forbes and Vault Rankings
Tue, Mar 26, 2024 19:20 CET Report this content
[Boston, MA] [March 26, 2024] – Simon-Kucher, a global consultancy, is proud to announce its recent recognition in ... |
| 17.01.2024 | Singapore's Tyme Group delivers the world's fastest profitable standalone digital bank; over $215m annualised revenue | SINGAPORE, Jan. 17, 2024 /PRNewswire/ -- Singapore-based global digital banking group Tyme has achieved an annualised revenue run rate of SG $215 million in 2023, as its flagship South African operation TymeBank becomes the world's fastest ... |
| 31.10.2023 | Revolutionising Neobanking: unlocking profits and sustained growth | Revolutionising Neobanking: unlocking profits and sustained growth
Tue, Oct 31, 2023 10:43 CET Report this content
With funding becoming scarcer, neobanks face mounting pressure to transition from unchecked growth to a focus on profitabilit... |
| 17.10.2023 | As retailers face consumer skepticism, stockouts should be front of mind as shoppers prepare to hit the stores for last-minute deals | As retailers face consumer skepticism, stockouts should be front of mind as shoppers prepare to hit the stores for last-minute deals
Tue, Oct 17, 2023 16:03 CET Report this content
Insights from Simon-Kucher’s Fifth Annual Holiday Shopping ... |
| 03.10.2023 | The clash continues for streaming market share – with consumers considering cancelling subscriptions and potential price increases threatening churn rates, the key players must prove their value | The clash continues for streaming market share – with consumers considering cancelling subscriptions and potential price increases threatening churn rates, the key players must prove their value
Tue, Oct 03, 2023 01:34 CET Report this conte... |
| 03.10.2023 | The clash continues for streaming market share – but with consumers considering canceling subscriptions and potential price increases threatening churn rates, the key players must prove their value | The clash continues for streaming market share – but with consumers considering canceling subscriptions and potential price increases threatening churn rates, the key players must prove their value
Tue, Oct 03, 2023 04:49 CET Report this co... |
| 05.09.2023 | The clash for streaming market share continues - with consumers considering canceling subscriptions and potential price increases threatening to drive churn rates, key players must prove their value | The clash for streaming market share continues - with consumers considering canceling subscriptions and potential price increases threatening to drive churn rates, key players must prove their value
Tue, Sep 05, 2023 14:12 CET Report this c... |
| 10.08.2023 | Why new products fail | Community Content
This article was written by a TIA community member. Community pieces are curated and lightly edited by TIA editors compared to stories produced by our newsroom.
Dexter Zhuang · 15h ago · 3 min readWhy new products fail
Dex... |
| 26.07.2023 | Busting The Sustainability Value-Action Gap | Do consumers say one thing but do another?getty |
| 18.07.2023 | Cost of living is starting to impact vacation plans, while sustainability and personalization emerge as key requirements for today’s traveler | Cost of living is starting to impact vacation plans, while sustainability and personalization emerge as key requirements for today’s traveler
Tue, Jul 18, 2023 15:36 CET Report this content
According to a recent study, just over 30 percent ... |
| 13.07.2023 | As the growth of streaming slows, service providers need to leverage their opportunities wisely | As the growth of streaming slows, service providers need to leverage their opportunities wisely
Thu, Jul 13, 2023 16:59 CET Report this content
Ahead of Netflix’s announcement of its second quarter financial results later this month, Simon-... |
| 13.07.2023 | Cost-of-living is starting to “bite” vacation plans, while sustainability and personalization emerge as key requirements for the post-pandemic traveler | Cost-of-living is starting to “bite” vacation plans, while sustainability and personalization emerge as key requirements for the post-pandemic traveler
Thu, Jul 13, 2023 14:35 CET Report this content
According to a recent study, 14% of trav... |
| 13.07.2023 | As the growth of streaming slows in the UK, providers face an increasingly saturated market | As the growth of streaming slows in the UK, providers face an increasingly saturated market
Thu, Jul 13, 2023 16:09 CET Report this content
Ahead of Netflix’s announcement of its second quarter financial results later this month, Simon-Kuch... |
| 12.07.2023 | As the growth of streaming slows, service providers need to exploit their opportunities wisely | As the growth of streaming slows, service providers need to exploit their opportunities wisely
Wed, Jul 12, 2023 06:30 CET Report this content
Ahead of Netflix’s announcement of its second quarter financial results later this month, Simon-K... |
| 06.07.2023 | Recent study reveals shifts in consumer sentiment and trends amid most volatile automotive market ever | Recent study reveals shifts in consumer sentiment and trends amid most volatile automotive market ever
Thu, Jul 06, 2023 16:26 CET Report this content
With uncertainty mounting, price is the single most important factor in purchase decision... |
| 29.06.2023 | Simon-Kucher Expands its APAC-Based Financial Services Capabilities with the Arrival of Josh Koh | Simon-Kucher Expands its APAC-Based Financial Services Capabilities with the Arrival of Josh Koh
Thu, Jun 29, 2023 16:31 CET Report this content
Joining the firm as a Partner, Koh will support clients in strategic and operational advice and... |
| 09.05.2023 | The European Commission’s partial ban on inducements and retail investment strategy: What are the consequences for financial services providers and consumers? | The European Commission’s partial ban on inducements and retail investment strategy: What are the consequences for financial services providers and consumers?
Tue, May 09, 2023 12:20 CET Report this content
EU Finance Commissioner Mairead M... |
| 04.05.2023 | Slash aims to corner the Gen Z market with business-focused banking features | Around two years ago, Victor Cardenas and Kevin Bai — college dropouts from Stanford University and the University of Waterloo, respectively — built a fintech platform called Slash that lets users create shareable virtual cards to split rec... |
| 13.04.2023 | Simon-Kucher: US business leaders expect profit margins to decline this year, with cost increases outpacing revenue growth | Simon-Kucher: US business leaders expect profit margins to decline this year, with cost increases outpacing revenue growth
Thu, Apr 13, 2023 16:10 CET Report this content
Industry growth leaders are positioning for stability in the face of ... |
| 05.04.2023 | Simon-Kucher’s Digital Health Trend Study 2022 reveals that generating uptake of digital health solutions is the focus of healthcare companies | Simon-Kucher’s Digital Health Trend Study 2022 reveals that generating uptake of digital health solutions is the focus of healthcare companies
Wed, Apr 05, 2023 13:30 CET Report this content
Almost 80 percent of healthcare companies have a ... |
| 15.02.2023 | Four Strategies for Digital Challenger Banks to Turn a Profit in 2023 | In their near decade of existence, digital challenger banks have disrupted the face of banking world forever, making a convenient digital experience table-stakes customer expectation. And investors responded to their rapid customer growth a... |
| 02.02.2023 | Simon-Kucher Study Finds Overwhelming Number of American Consumers Struggling to Navigate the Inflationary Economic Environment | Simon-Kucher Study Finds Overwhelming Number of American Consumers Struggling to Navigate the Inflationary Economic Environment
Thu, Feb 02, 2023 15:00 CET Report this content
New segments are emerging and bank customers are exhibiting the ... |
| 20.09.2022 | Revenge travel is reaching its peak, but the cost-of-living crisis is starting to impact leisure travelers' behavior and spending | Revenge travel is reaching its peak, but the cost-of-living crisis is starting to impact leisure travelers' behavior and spending
Tue, Sep 20, 2022 15:30 CET Report this content
According to a recent travel study, over half of consumers are... |
| 11.08.2022 | Simon-Kucher Comments on the Crypto Winter, Newly Exposed Myths, and Growth Opportunities Amidst the Turmoil for Banks. | Simon-Kucher Comments on the Crypto Winter, Newly Exposed Myths, and Growth Opportunities Amidst the Turmoil for Banks.
Thu, Aug 11, 2022 15:00 CET Report this content
The market downturn has dulled product development interest from traditi... |
| 12.07.2022 | Study in the Automotive Industry Shows Web3, Blockchain and Metaverse are Gaining Traction | Study in the Automotive Industry Shows Web3, Blockchain and Metaverse are Gaining Traction
Tue, Jul 12, 2022 17:00 CET Report this content
Web3 and blockchain offer numerous use cases in the automotive industry and raise an increasing inter... |
| 28.06.2022 | Simon-Kucher Releases 2021 Environmental Social Governance Report | Simon-Kucher Releases 2021 Environmental Social Governance Report
Tue, Jun 28, 2022 17:00 CET Report this content
The global report provides an overview of the consultancy’s global and local community efforts around social, environmental an... |
| 27.06.2022 | Less Than 5% of the World’s 400 Neobanks are Profitable | Neobanking has been one of the most talked-about fintech segments of the past decade, a buzzing industry that’s seen an average of 68 new ventures being launched each year since 2017, data from consulting firm Simon-Kucher show.
But despite... |
| 23.06.2022 | Nubank hunts cut-price startups as fintech valuations fall | The news: Brazilian neobank Nubank reportedly plans to capitalize on the sliding valuations of Latin American fintechs by making acquisitions at a discounted price, according to the Financial Times.
Bargain hunter: Nubank CEO and founder Da... |
| 07.06.2022 | The Simon-Kucher 2022 Restaurant Study finds restaurants are finding short-term profitability fixes but will need a long-term solution to manage the effects of inflation. | The Simon-Kucher 2022 Restaurant Study finds restaurants are finding short-term profitability fixes but will need a long-term solution to manage the effects of inflation.
Tue, Jun 07, 2022 15:00 CET Report this content
Boston, June 7, 2022 ... |
| 06.06.2022 | Fast Fashion Tested: Zara and Guess Score Worst Eco Collection | H&M, Guess, Pull&Bear or Zara - which eco collection is the best?
Combined ranking for the best eco collection
Combined ranking for the worst eco collection
Moincoins has thoroughly tested the eco collections of some of the biggest ... |
| 02.06.2022 | Varo Bank may run out of funds by year’s end—and additional funding may not be an option | The news: Varo Bank risks running out of funds before the end of the year, according to a regulatory filing, per Banking Dive.
Funding and burn rate: Varo was the first US neobank to obtain a banking charter from the Office of the Comptroll... |
| 25.05.2022 | JPMorgan’s UK digital bank wins half a million new customers but expects heavy losses | The news: JPMorgan’s UK digital bank Chase has attracted half a million customers and $10 billion in customer deposits since its September launch.
A closer look: When Chase rolled out last year, it became JPMorgan’s first retail banking pre... |
| 23.05.2022 | Neobanks need a longer-term strategy for monetization to survive and attain profitability | The news: Neobanks struggle to turn a profit, with an estimated less than 5% of them breaking even, per a report from Simon-Kucher & Partners.
Surface-level success: The report confirmed that neobanks have gained enough traction over th... |
| 13.04.2022 | Autonomous Driving. Electric Vehicles. Prices. Test Drives. Simon-Kucher’s 2022 Automotive Consumer Survey explores U.S. consumers’ response to automotive innovation. | Autonomous Driving. Electric Vehicles. Prices. Test Drives. Simon-Kucher’s 2022 Automotive Consumer Survey explores U.S. consumers’ response to automotive innovation.
Wed, Apr 13, 2022 20:00 CET Report this content
While roughly half of all... |
| 12.04.2022 | Simon-Kucher & Partners welcomes Scott Sands as a Partner in the Atlanta office | Simon-Kucher & Partners welcomes Scott Sands as a Partner in the Atlanta office
Tue, Apr 12, 2022 20:00 CET Report this content
With the appointment of Scott Sands, Simon-Kucher will be expanding client offerings to include expertise in... |
| 16.03.2022 | Simon-Kucher Recognized on the Forbes America’s Best Management Consulting Firms 2022 List | Simon-Kucher Recognized on the Forbes America’s Best Management Consulting Firms 2022 List
Wed, Mar 16, 2022 18:20 CET Report this content
Simon-Kucher is yet again recognized as a leading consulting firm in the American market
[Boston, MA]... |
| 09.02.2022 | Simon-Kucher & Partners delivers double-digit growth as it expands its services and presence | Simon-Kucher & Partners delivers double-digit growth as it expands its services and presence
Wed, Feb 09, 2022 17:34 CET Report this content
Despite challenging economic circumstances, the global consultancy grew 2021 revenue at 22.5%
[... |
| 25.01.2022 | Simon-Kucher Elects Two New Partners in North America | Simon-Kucher Elects Two New Partners in North America Tue, Jan 25, 2022 19:14 CET
The total number of global partners rises to more than 160, as demand for consulting services continues to grow significantly in all markets
January 25, 2022 ... |
| 07.12.2021 | Simon-Kucher & Partners welcomes Anne Rupp as Global Corporate Responsibility & Sustainability Director | Simon-Kucher & Partners welcomes Anne Rupp as Global Corporate Responsibility & Sustainability Director Tue, Dec 07, 2021 17:10 CET
With 20 years of experience in restructuring and implementing new processes and more than a decade o... |
| 07.12.2021 | Simon-Kucher & Partners welcomes Anne Rupp as Global Corporate Responsibility & Sustainability Director | Simon-Kucher & Partners welcomes Anne Rupp as Global Corporate Responsibility & Sustainability Director Tue, Dec 07, 2021 19:39 CET
With 20 years of experience in restructuring and implementing new processes and more than a decade o... |
| 02.12.2021 | Simon-Kucher Elevates its Digital Product Offering | Simon-Kucher Elevates its Digital Product Offering Thu, Dec 02, 2021 15:47 CET
Simon-Kucher & Partners confirms their commitment to strengthen their digital offering by growing a dedicated team of digital experts around the globe. Under... |
| 17.11.2021 | Global Black Friday Forecast Reveals Enthusiasm for the US Holiday Shopping Season has Returned, Though Consumers Still Face Challenges Such As Supply Chain Limitations | Global Black Friday Forecast Reveals Enthusiasm for the US Holiday Shopping Season has Returned, Though Consumers Still Face Challenges Such As Supply Chain Limitations Wed, Nov 17, 2021 16:23 CET
US consumers now perceive Amazon Prime Day ... |
| 14.10.2021 | Recent study reveals more than a third of global consumers are willing to pay more for sustainability as demand grows for environmentally-friendly alternatives | Recent study reveals more than a third of global consumers are willing to pay more for sustainability as demand grows for environmentally-friendly alternatives Thu, Oct 14, 2021 17:14 CET
While attitudes vary across generations, countries, ... |
| 13.10.2021 | Study Reveals Untapped Commercial Potential in the Diagnostics Industry | Study Reveals Untapped Commercial Potential in the Diagnostics Industry Wed, Oct 13, 2021 12:05 CET
Latest study by Simon-Kucher & Partners explores key commercial trends in the IVD (in vitro diagnostic) and imaging sector and provides ... |
| 05.10.2021 | Simon-Kucher founds its own tech company | Simon-Kucher founds its own tech company Tue, Oct 05, 2021 20:07 CET
Simon-Kucher Engine combines the pricing expertise of global strategy and marketing consultancy Simon-Kucher & Partners with digital platforms to deliver impactful end... |
| 30.09.2021 | Simon-Kucher & Partners welcomes Claudia Mueller as CHRO | Simon-Kucher & Partners welcomes Claudia Mueller as CHRO Thu, Sep 30, 2021 16:47 CET
The proven HR expert will support the global strategy and marketing consultancy in its consistent expansion and growth course.
Cologne/Frankfurt, Septe... |
| 01.09.2021 | Study: Untapped demand for mobility offerings as travellers demand more flexibility | Study: Untapped demand for mobility offerings as travellers demand more flexibility Wed, Sep 01, 2021 13:26 CET
Pandemic-influenced shifts in behaviour and priorities have significant impact on mobility offerings.
London, 1st Sept, 2021 – T... |
| 19.08.2021 | Study Reveals: Potential Launch of Amazon Pharmacy Has High Effects on Pharmacy Market in UK | Study Reveals: Potential Launch of Amazon Pharmacy Has High Effects on Pharmacy Market in UK Thu, Aug 19, 2021 12:31 CET
The British are ready for Amazon Pharmacy, the company can rely on its customer intimacy and awareness. More than 40 pe... |
| 28.07.2021 | New study: Flexible omni-channel purchase experiences are essential for growth, brand relevance increases | New study: Flexible omni-channel purchase experiences are essential for growth, brand relevance increases Wed, Jul 28, 2021 19:30 CET
Consumer behavior drastically changed during the course of the pandemic, and many of these behavioral chan... |
| 02.06.2021 | Inflation Surge - Simon-Kucher Urges Companies to Remember Their Pricing ‘Muscle Memory’ | Inflation Surge - Simon-Kucher Urges Companies to Remember Their Pricing ‘Muscle Memory’ Wed, Jun 02, 2021 17:00 CET
The global pricing specialist issues warning as inflation pressure builds.
June 2, 2021 [Boston, MA] – The global pricing a... |
| 02.06.2021 | Inflation Surge - Simon-Kucher Urges Companies to Remember Their Pricing ‘Muscle Memory’ | Inflation Surge - Simon-Kucher Urges Companies to Remember Their Pricing ‘Muscle Memory’ Wed, Jun 02, 2021 11:00 CET
The global pricing specialist issues warning as inflation pressure builds.
2 June, 2021 [London, UK] – The global pricing a... |
| 29.03.2021 | How to Increase Your Price and Make it Stick: A Checklist for Success | Price increases aren’t just a fact of life — they’re crucial to the health of every ScaleUp. Making regular increases should be a part of your pricing strategy; however, they have to be done just right. If the implementation of a price incr... |
| 06.10.2020 | Four Steps To Take To Regain Sales This Holiday Season | Managing Director TERRITORY Influence, a leading full service influencer marketing agency activating 4 Mio creators for brands in Europe |
| 07.08.2020 | The DeanBeat: What we’ve learned about pandemic gaming | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
The second-quarter earnings results from major game companies over the past two weeks have taught us more about how gamers are respondi... |
| 07.08.2020 | The DeanBeat: What we’ve learned about pandemic gaming | The second-quarter earnings results from major game companies over the past two weeks have taught us more about how gamers are responding to the pandemic. The big question is whether the gains are temporary or permanent, as that will determ... |
| 24.03.2020 | As The Virus Changes, So Will Our Enterprise Technology Footprint | Let’s assume you have some sort of central IT application managing your accounts, customers, suppliers, products and locations in your organization today. It may be one of your (or the) Enterprise Resource Planning (ERP) or Customer Relatio... |
| 31.10.2019 | Inno-Approved: The Austin Tech and Startup Events to Scope Out in November | After an initial Halloween haunting, we're headed right into the holiday season. This time of year, the city's tech scene tends to take its collective foot off the gas just a little bit to fit in company holiday parties.
But there are sever... |
| 13.01.2015 | A Blueprint for a Killer Product Launch (Infographic) | January 13, 2015 5 min read
Opinions expressed by Entrepreneur contributors are their own.
Seventy-two percent of all new products fail to meet revenue targets, according to a global pricing study released in September by Simon-Kutcher &... |
| 26.11.2013 | Five Things You (And Retailers) Might Not Know About This Black Friday Weekend | (Credit: Forbes Image) |
| - | Will Going Public Be Enough To Save Vinfast From Ongoing Negative Reviews? | This is the web version of dot.LA’s daily newsletter. Sign up to get the latest news on Southern California’s tech, startup and venture capital scene.
Vinfast, the Vietnamese electric vehicle company operating out of Los Angeles, announced ... |
| - | JPMorgan's UK digital bank wins half a million new customers but expects heavy losses | Chase has attracted half a million customers since September, but it's projected to lose $450 million this year.
The bank's projections are likely an attempt to appease investors who called for more clarity regarding the rationale behind la... |
| - | Industries Overview
Products
About Insider Intelligence
Revolut launches Ultra card for affluent consumers, but competition looms large | The news: Revolut will launch Ultra, a payments card and membership plan aimed at wealthier customers seeking travel, lifestyle, and investment benefits, according to a blog post.
Breaking it down:
The Mastercard credit card will cost UK cu... |
| - | Collide Capital’s Aaron Samuels on Creating Blavity Media for Black Millennials and Gen Z | On this episode of the LA Venture podcast, Collide Capital founder and managing partner Aaron Samuels discusses the importance of storytelling and talks about how his career journey led him to venture capital.
Collide Capital is a venture c... |
| - | Neobanks need a longer-term strategy for monetization to survive and attain profitability | The news: Neobanks struggle to turn a profit, with an estimated less than 5% of them breaking even, per a report from Simon-Kucher & Partners.
Surface-level success: The report confirmed that neobanks have gained enough traction over th... |
| - | Nubank’s swing to profit may signal demise of growth-at-all-costs strategies for neobanks | The news: Nubank posted another quarter of record-breaking revenues in Q3, helping the Brazilian neobank reverse widening losses to turn a profit.
Data dive:
In its third quarter, Nubank generated revenues of $1.31 billion, more than double... |
| - | Analyst Take: Turbulent economy hurts fintech funding—here’s how startups can act | Fintech funding continued its downward spiral in the second quarter—and gave no indication of bottoming out. Fintechs must hunker down, trim fat from their operations, and refocus on their core value propositions.
In the short term, fintech... |
| - | Varo Bank may run out of funds by year’s end—and additional funding may not be an option | The news: Varo Bank risks running out of funds before the end of the year, according to a regulatory filing, per Banking Dive.
Funding and burn rate: Varo was the first US neobank to obtain a banking charter from the Office of the Comptroll... |
| - | Why Neobanks Are Having Such a Difficult Time Making Money | Santa Monica-based financial technology company Dave is cutting its net losses, but the newly-public company has a ways to go before it’s profitable – a struggle that many “neobanks,” are facing.
In its recent first quarter earnings, Dave r... |
| - | Revolut and Varo face tumbling valuations as investor confidence in neobanks weakens | The news: The valuations of both Revolut and Varo Bank have been slashed in a possible sign of dented investor confidence in the neobanks.
Revolut’s auditor casts doubt: Last week, the UK-based firm filed its long-overdue accounts showing 2... |
| - | Nubank hunts cut-price startups as fintech valuations fall | The news: Brazilian neobank Nubank reportedly plans to capitalize on the sliding valuations of Latin American fintechs by making acquisitions at a discounted price, according to the Financial Times.
Bargain hunter: Nubank CEO and founder Da... |
| - | Banking deals continue decline for Q2 but downturn could provide buyout opportunities | The news: The number and total value of deals in financial services fell in Q2, according to KPMG research, as surging inflation and economic uncertainty continued to hamper dealmakers.
By the numbers: The report found the downward trajecto... |
| - | Redefining Pricing Strategies As GCC Gets Set To Welcome VAT | Marzo 7, 2017 5 min de lectura
Opinions expressed by Entrepreneur contributors are their own.
You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.
In the Gulf Cooperation Council (GCC), declining oil pr... |
| - | Starling’s and Varo’s diverging paths highlight need for neobanks to prioritize profitability | The news: Starling reported its first annual profit after successfully diversifying into the mortgage market and tailoring its strategy to focus on bottom-line growth.
The neobank posted a pretax profit of £32.1 million ($44.1 million), swu... |
| - | Organic-loving consumers will likely keep buying sustainable food despite higher prices | A woman selects fruits and vegetables Dalibor Despotovic/Getty Images
Grocery prices are up 10% from a year ago, but some devoted foodies will keep buying organic. About four in 10 consumers who order takeout are willing to spend more on su... |
| - | Neobanks need a longer-term strategy for monetization to survive and attain profitability | Despite coming off a record year of funding, most neobanks remain unprofitable, according to a new report.
Without turning a profit, some neobanks may struggle to survive, no matter how many clients they serve.
Insider Intelligence publishe... |
| - | Varo Bank may run out of funds by year's end—and additional funding may not be an option | Varo Bank risks running out of money as it struggles to turn a profit.
As the first neobank granted a banking charter by the Office of the Comptroller of the Currency (OCC), Varo has a competitive advantage in the US neobank space.
Insider ... |
| - | Funding the Future: Nex Cubed's HBCU Founders Fund Accelerator Prioritizes Black and Diverse Startups | Black founders have historically been at a disadvantage when it comes to accessing funding. Only 2% of VC dollars each year reach the hands of black founders and in 2022, they saw even less with a 45% decrease in funding.
Nex Cubed, a San D... |
| - | How NASA's JPL is Tracking Gas Emissions in Southern California | Multiple studies conducted by NASA’s Jet Propulsion Laboratory in Pasadena using both airborne and ground-based sensors have found that the overall rate of methane gas emissions in Southern California have fallen in recent years.
From 2015 ... |
| - | AI’s Marketing Push Gets An Assist from Congress | OpenAI CEO Sam Altman is testifying before the Senate Judiciary Committee this week about the promise and the potential drawbacks of AI, addressing concerns from lawmakers about whether the technology needs regulation and just what exactly ... |
