Summary
What this article covers in 30 seconds
- Millennials make up the largest generation in history, eclipsing baby boomers by over 15 million.
- 44% of people aged 16–34 were looking to invest or save their funding.
- Millennials are digital natives and use technology daily.
- Their expectations can help drive technology advancement in financial services.
Millennials make up the largest generation in history, eclipsing the baby boomers by over 15 million, and they’re starting to move into their prime spending years. Traditionally, investing has been reserved for the older generations and exclusive to those with more capital, however, we found that millennials have begun their own investment journey, with 44% of those ages 16-34 looking to invest or save their funding.
Millennials are the first digital natives, they’re accustomed to using innovative technology on a daily basis, making them perfect to spearhead the tech advancements in financial services.
Frequently asked questions
Millennials are the largest generation in history and are moving into their prime spending years.
44% of people aged 16–34 were looking to invest or save their funding.
Millennials are digital natives accustomed to using technology daily.
Millennials are well placed to lead technology advancement in financial services.