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Gen Z-focused fintechs live and die by social media. Here’s how they’re trying to out-influence each other, and traditional banks, to nab 82 million customers for life.Gen Z-focused fintechs live and die by social media. Here’s how they’re trying to out-influence each other, and traditional banks, to nab 82 million customers for life.

Gen Z-focused fintechs live and die by social media. Here’s how they’re trying to out-influence each other, and traditional banks, to nab 82 million customers for life.

By Shannen Balogh and Carter Johnson on February 19, 2021

Summary List PlacementTaylor Krebs remembers her friends' reactions when she started using Step, a banking app that caters to Generation Z. Krebs, a ninth-grader, had early access to Step because the company's CEO, CJ MacDonald, is a close family friend. The startup offers a secured credit card and the ability to send and receive money…

Walmart Promises Raises for 425,000 Workers After Strong Holiday SalesWalmart Promises Raises for 425,000 Workers After Strong Holiday Sales

Walmart Promises Raises for 425,000 Workers After Strong Holiday Sales

By Lyndia Fleishman on February 18, 2021

Walmart Inc. said it would raise wages for about 425,000 of its employees after a year in which the Covid-19 pandemic boosted its business and demand for workers who handle online orders. The company reported strong holiday sales but predicted slower growth and higher spending this year. U.S. comparable sales, or those from stores and…