- Consumers report using apps to help save and manage money, with 71% of respondents using them for consumer banking, 65% for money transfers, 63% for managing personal finances and 57% for automated investment.
Gen Z respondents in the online survey, conducted from April 17 to May 9, had investable assets of $50,000 to $250,000, or investable assets of $20,000 to $50,000 and annual income of at least $50,000. For those 24 or older, respondents had investable assets of $50,000 to $250,000.
This article was provided by Bloomberg News.