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Fintech for Gen Z and Millennials

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Fintech for Gen Z and Millennials

a16z,

5 min read
3 take-aways
Audio & text

What's inside?

Millennials and Gen Z face unprecedented financial challenges that fintech could help solve.


Editorial Rating

7

Qualities

  • Overview
  • Background

Recommendation

In this wide-ranging and informative podcast episode, host Lauren Murrow talks with fintech experts Amira Yahyaoui, Anish Acharya and Seema Amble about the evolution of decentralized finance and its impact on the finances of Millennials and Gen Z, particularly on their student loan management. They find that young people who have come of age during financial crises are increasingly turning to fintech solutions to manage debt, save for a home and invest for retirement. Financial services users across the generations will find this a useful discussion.

Summary

Fintech firms are creating innovative financial services products for Millennials and Gen Z.

Millennials and Generation Z have had to deal with the financial turbulence unleashed by the Great Recession and COVID-19. While those events affected all Americans, young people are facing unprecedented levels of student loan debt. Those debt loads, combined with poor job market prospects, have made them skeptical about how well traditional financial services could meet their needs. Against this backdrop, more and more members of this younger ...

About the Podcast

Anish Acharya is a general partner at Andreessen Horowitz, where Seema Amble is a partner. Amira Yahyaoui is the founder and CEO of Mos, a student-banking app. Lauren Murrow is the host of the a16z Future podcast. 


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