Executive Summary: Turo is a peer-to-peer car-sharing network that enables its users to borrow a vehicle from others or rent out their own. Turo makes money by charging various fees to both customers and hosts. The business model of Turo can be characterized as an online marketplace. The company, which was founded in 2008, has … Read more
Executive Summary: BeReal is a social media platform that enables users to share one photo per day with their friends. The app incentivizes people to stay in touch through regular communication. BeReal does currently not make any money. The business is being financed by venture capital investors instead. What Is BeReal? BeReal is a social … 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
Executive Summary: Omaze is a fundraising platform that gives its users a chance to win prizes in exchange for making donations. Omaze makes money by taking a percentage cut from the donations that its users make. The platform normally takes anywhere between 12 percent to 20 percent per campaign. Founded in 2012, Omaze has grown … Read more
Executive Summary: ClearScore is a FinTech company that allows customers to check and improve their personal credit scores free of charge. ClearScore makes money by collecting commissions from its product recommendations and by charging subscription fees for premium features. Founded in 2014, the company has risen to become one of UK’s leading credit scoring services. … Read more
Executive Summary: SingleCare is a service that enables customers to compare prescription drug prices and purchase them at vastly reduced prices. SingleCare makes money from referral fees paid by the pharmacies that the company works together with. What Is SingleCare? SingleCare is a service that enables customers to compare prescription drug prices and purchase them … Read more
Executive Summary: SHEIN is an online fast-fashion retailer that works together with thousands of manufacturers to quickly churn out new clothing designs. The marketplace business model of SHEIN is based on testing thousands of new designs every day. SHEIN consequently makes money by purchasing clothes in bulk and selling them for a profit to consumers … Read more
Executive Summary: Shakepay is a FinTech company that enables customers to purchase and sell cryptocurrencies such as Bitcoin and Ethereum. Shakepay makes money via the spread on cryptocurrency trades as well as through interchange fees from its debit card. Founded in 2015, Shakepay has managed to raise $36 million. The service now counts over 900,000 … Read more
Executive Summary: Questrade is a FinTech company that provides online brokerage and wealth management products primarily to Canadian customers. Questrade makes money from trading fees, subscriptions, management fees for its managed portfolios, and administrative fees. What Is Questrade? Questrade is a FinTech company that provides online brokerage and wealth management products primarily to Canadian customers. … Read more
Executive Summary: Wordle is a browser-based game that is played on a daily basis. Users have to guess a five-letter word within six tries. Wordle does currently not make any money. The game can be accessed for free although this may change in the future. What Is Wordle? Wordle is a browser-based game that is … Read more