Viktor Executive Summary: Shipt, available via its website and mobile apps, is a delivery platform that allows you to order groceries online. It works together with independent contractors (so-called Shoppers) to fulfill these orders. Shipt makes money via membership fees, delivery and service fees, sales commission, as well as by marking up prices. Founded in 2014 … Read more
Executive Summary: Ibotta is a platform that enables its users to earn cashback rewards when shopping at the over 1,500 brands it partners with. The service is available via its mobile apps as well as through the firm’s browser extension. Ibotta makes money through affiliate commissions, advertising services, as well as by selling aggregated and … Read more
Executive Summary: Afterpay is a company that allows customers to pay for items over the course of 4 installments. It works together with over 55,000 online retailers that have adopted its payment options. Afterpay makes money via a fixed and variable (percentage) fee that it charges merchants with as well as fees for late payments. … Read more
Podcasts are all the hype nowadays. According to findings by Edison Research, over 50 percent of Americans above 12 years of age have listened to a podcast once. That represents a 122 percent increase from the year 2014 to 2019. Whether it’s during your commute to work or when hitting the gym, podcasts can help … Read more
Executive Summary: GoodRx is an online platform, comprised of an app and a website, which allows users to compare drug prices at over 70,000 in the United States. Coupons offered by GoodRx then allow users to save money on their prescriptions. GoodRx makes money via fees paid on coupon redemptions, a monthly subscription fee, online … Read more
Executive Summary: PayPal is a financial services company that is most notably known for allowing users and businesses to send and receive payments online. PayPal makes money via transactions fees, premium features offered to business accounts (in the form of subscriptions), the sale of card readers, business loans, referral fees on cashback rewards, interchange fees, … Read more
Executive Summary: M1 Finance is a personal finance company that offers a variety of wealth management products. These include M1 Borrow, Invest, and Spend. M1 Finance makes money via order flow payments, subscription fees, lending out cash, interchange fees, and interest on cash as well as short sales. Founded in 2015 and headquartered in Chicago, … Read more
Executive Summary: Webull is a FinTech company that enables users to trade financial commodities such as stocks or exchange-traded without paying a commission. Webull makes money via payments for order flow, short selling fees, subscription fees, interest paid on margin, as well as profits made from investing cash on balance. Established in 2017, Webull has … Read more
Executive Summary: TurboTax, which was released in 1984, is a tax preparation software that allows users to file their taxes online. Taxes can be filed on both a federal and state level. TurboTax makes money by charging customers a yearly fee for access to its premium products as well as dedicated tax experts. The tool … Read more
Executive Summary: Cameo is an online service that allows customers to hire celebrities to create personalized videos. Other products include Zoom calls or the ability to chat with a celebrity. Cameo makes money by taking a 25 percent cut from every transaction facilitated via its marketplace. Founded in 2016 and headquartered in Chicago, Cameo has … Read more
