Executive Summary: Monzo (formerly Mondo) is a neobank offering a multitude of financial products to both consumers and businesses alike. As a digitally enabled bank, Monzo does not operate any physical branches. Instead, all the company’s products are facilitated through its mobile apps, available on either iOS or Android. The business model of Monzo is … Read more
Executive Summary: Nextdoor is a social networking platform that allows neighbours to connect with each other and create shared communities. Available both via the web and its mobile app, Nextdoor allows neighbours to stay updated on local news, hiring baby or dog sitters, receiving crime alerts and many other things. Nextdoor makes money via sponsored … Read more
Executive Summary: Rent The Runway is an online service that allows customers to rent designer clothes via different subscription plans (or for one time occasions). The company allows users to shop via its website, mobile app or in one of their many physical stores. Rent The Runway’s business model is based on charging its customers … Read more
Executive Summary: HubSpot creates various (B2B) software products for inbound marketing and sales purposes. These software tools allow their business customers to capture leads, drive sales and educate customers through content. HubSpot makes money by charging customers for using the premium features of their software tools. These are divided into so-called hubs and tailored towards … Read more
Executive Summary: Revolut is a neobank offering various financial products to consumers and businesses. It does so through its mobile application, which is available on iOS and Android devices. As a neobank, Revolut does not operate any physical branches. Revolut’s business model is based on several levers, including different subscription plans (for both consumers and … Read more
Executive Summary: Convoy is a freight brokerage platform that facilitates bookings between shippers (that need to transport goods) and carriers with available loads. Contrary to traditional freight brokers that still rely on manual processes (e.g. telephone, email or faxes), Convoy utilizes software to automatically match shippers and carriers. The business model of Convoy is based … Read more
Executive Summary Flexport is a digitally enabled freight forwarder that helps other businesses to transport and store goods across the globe. Contrary to traditional freight forwarders, Flexport relies on software to aid the shipment process, allowing their customers to gain more transparency. The business model of Flexport is based on various services around the shipment … Read more
Executive Summary: TransferWise is an online money transfer service that allows customers to send money at low fares across 50 different currencies. Contrary to traditional exchange services and banks, TransferWise claims to up to 13x cheaper. Founded in 2011 by two London based Estonians, the company makes money by charging a fee on every cross-currency … Read more
Executive Summary: Wish is a mobile-first e-commerce platform that connects interested buyers with international sellers (mainly from China). The app utilizes an algorithmic feed along with different psychological “tricks” to boost sales. Wish makes money via sales fees, logistics services offered to merchants, and by selling ads (called ProductBoost) on its platform. Founded in 2011, … Read more
Executive Summary: N26 is direct bank offering various financial products through its mobile application. Its main differentiator from traditional banks is a technology-first approach to banking, no physical branches, convenience of service, free accounts, and a transparent fee structure. The business model of N26 is based on charging private consumers or business owners for premium … Read more