Executive Summary: Curve is a personal finance application, which enables its users to connect all of their debit and credit cards on one single platform. Curve makes money from subscriptions, interchange fees, various payment fees, partnerships, and interest on the loans it issues. Founded in 2015, Curve is now one of the fastest-growing FinTech startups … Read more
Executive Summary: Melio is a financial technology company that offers software with which small businesses can accept payments and pay their expenses. Melio makes money by charging various fixed and variable percentage fees to the businesses that use its solutions. Founded in 2018, Melio has quickly risen to unicorn status. The company is now valued … Read more
Executive Summary: Chipper Cash is a financial technology company that offers various services related to investing and payments. Chipper Cash makes money from fees on stock and cryptocurrency transactions, interchange fees, and payment fees. Founded in 2018, Chipper Cash has become one of the fastest-growing startups in Africa. Its founders have collectively raised over $300 … Read more
Executive Summary: Apple Pay is a contactless payment technology that allows users to pay for goods and services with their iPhone, iPad, and Apple Watch. Apple Pay makes money by charging a percentage fee to its banking partners and by imposing fees on instant transfers. How Apple Pay Works Apple Pay is a contactless payment … Read more
Executive Summary: Upstart is a digital lending platform that utilizes artificial intelligence to give customers access to affordable credit. Upstart primarily makes money via the fees it imposes on its partners as well as interest from loans it personally issues. Founded in 2012, the company is now one of the fastest-growing FinTechs in the United … Read more
Executive Summary: Yotta is a FinTech company that offers a bank account that rewards users for saving money by allowing them to enter sweepstakes. Yotta primarily makes money via interest generated from customer deposits as well as interchange fees whenever someone uses its credit and debit card. Launched in 2020, the founders have managed to … Read more
Executive Summary: Zilch is a FinTech company that offers ‘Buy Now, Pay Later’ (BNPL) solutions to both merchants and customers. Zilch makes money by charging fees to both customers and merchants as well as via interchange fees from its debit card. Founded in 2018, Zilch has become one of the fastest-growing startups out there. Its … Read more
Executive Summary: The Cash App is a peer-to-peer (P2P) payment application that enables people to send money to each other at no cost. The Cash App makes money via merchant fees, payments for order flow and trading fees, interchange and ATM withdrawal fees, instant deposit and paycheck fees, and referral fees. Launched in 2013, the … Read more
Executive Summary: PayBright is a FinTech company that provides ‘Buy Now, Pay Later’ solutions to both customers and merchants. PayBright makes money by charging a variety of different fees to both customers as well as merchant partners. Founded in 2009, the company has managed to become one of Canada’s leading consumer financing providers. PayBright was … Read more
Executive Summary: Beem (formerly Beem It) is a FinTech platform that enables users to pay, request, transfer, and split money instantly. Beem It currently makes money via referral fees, which the company receives whenever a user shops at one of its cashback partners. How Does Beem It Work? Beem It is a FinTech application that … Read more