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: Ideal Agent is a technologically-enabled real estate brokerage that connects customers with the nation’s leading agents. Ideal Agent makes money by charging a fee to the real estate agents in its network as well as by selling homes at a profit. Founded in 2016, Ideal Agent is now one of the fastest-growing real … Read more
*This is a sponsored blog post, but all stated opinions are my own. Comrade is a privacy-first browser extension that occasionally displays highly relevant product recommendations directly related to the user’s real-time browsing activity. Users get compensated in cash every time they visit one of Comrade’s product recommendations that appears at the browser’s bottom corner. … Read more
Executive Summary: Hinge is a dating application that enables people to connect and communicate whenever they mutually like each other. Hinge makes money by selling premium subscriptions as well as through fees it collects from boosts and roses. Founded in 2011, Hinge has become one of the world’s most popular dating apps. The Match Group … Read more
Executive Summary: inDriver is a ride-hailing app that enables users and drivers on the platform to negotiate a fare they’re both comfortable with. inDriver makes money by taking a percentage fee for every transaction that is facilitated via its platform. The company operates under a marketplace business model. Founded in 2012, inDriver is now one … Read more
Executive Summary: Linktree is a software product that enables its users to share various links to products and services on one single landing page. Linktree makes money from subscription fees and offers three different premium plans. The company relies on a freemium model. Launched in 2016, Linktree has essentially created a whole new category and … 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: We Buy Any Car is a service that directly purchases cars from consumers. Sellers can receive a non-binding valuation within 30 seconds. We Buy Any Car primarily makes money by selling the vehicles it purchases for a higher price than they were initially bought for. Founded in 2006, We Buy Any Car currently … Read more
Executive Summary: Zilingo is a technology platform that offers software for apparel manufacturers while allowing them to directly sell on its platform. Zilingo makes money by charging a commission for each successful sale, collecting interest from loans, and by offering various software products. Founded in 2015, Zilingo has become one of the biggest startup success … Read more