New unicorn Lydia plans a European expansion: The France-based neobank bagged $100M in a Series C round and is aiming for 10 million users by 2025. It’s the latest cash-laden challenger with ambitions for the region.
A federal defense bill will move forward without a provision that would’ve let banks offer services to the $17.5B cannabis industry. But Congressional backers remain supportive and fintechs have found workarounds.
US ecommerce sales will surpass $1 trillion annually in 2022, up 15.9% from this year.
When it comes to Christmas shopping, the biggest priority among UK consumers is avoiding crowds, cited by 32% of those 18 and older.
The bloated number of streaming options scatters viewers across an array of services. That’s consequential for advertisers because fragmented audiences make ad campaign planning and measurement more onerous.
Gaming will make up the large majority of mobile app spending, report shows: Mobile game spending will increase 12.6% worldwide this year, but its overall share of in-app spending is on a slight decline.
Roku and Google end lengthy dispute, reach distribution agreement: YouTube apps to remain on Roku, even as the CTV company prioritizes original content development.
The rise of sports gambling attracts family-friendly brands like Disney: CEO Bob Chapek revealed that Disney is looking to introduce betting to ESPN as interest heats up among digital sports broadcasters.
Social commerce has shortened the path to purchase, allowing consumers to move through the purchase journey from discovery to checkout within one app.
On the inaugural episode of this brand new Behind the Numbers show, Reimagining Retail, we sent our analysts out holiday shopping to see how things looked and felt to them. Co-hosts and principal analysts at Insider Intelligence Suzy Davidkhanian and Andrew Lipsman discuss how the holiday shopping season is going so far, what their personal experiences were like, and what they found to be the good, the bad, and the surprising of in-store shopping this year.
Instagram’s new safety controls for teens could hurt attempts to attract them: The features are intended to halt harmful content, but teens were already losing interest in the platform, and additional limits could be counterproductive.
Former UK P2P giant Zopa closed this part of its business to focus purely on banking services
Citizens’ survey piles on more evidence of the digital shift—but human advisors aren’t yet obsolete: The US regional bank found that even post-lockdown, digital has become even more frequently used by consumers and businesses—except when they want advice.