Executive Summary: OLIO is a platform that connects users in proximity to share spare food and household items instead of throwing them away. OLIO makes money by collecting fees from its business partners, premium subscriptions, as well as from selling branded merchandise. The company operates under a freemium model. Founded in 2015, OLIO is now … Read more
Executive Summary: Webtoon is a platform on which independent artists can create and share comic-style creations called webtoons. Webtoon makes money by selling digital coins, via merchandise sales, licensing fees, and advertising on its platform. The platform operates under a freemium model. How Webtoon Works Webtoon is a platform on which independent artists can create … Read more
Executive Summary: Seated is an app that pays its users for trying out new restaurants. Participating members can earn up to 30 percent on restaurant reservations. Seated makes money via affiliate fees. Those commissions are paid by the restaurants on its platform whenever a customer dines at their venue. Founded in 2017, Seated is now … Read more
Executive Summary: Sundae is an online real estate platform that allows homeowners to sell distressed properties to investors in its network. Sundae makes money from subscriptions, fees charged to investors, interest on loans, and by flipping homes for a profit. It operates under a marketplace business model. Founded in 2018, the platform has managed to … Read more
Executive Summary: FreePrints, as the name suggests, is a mobile app that allows you to print photos directly from your phone without paying for it. FreePrints makes money via shipment fees as well as by upselling customers on premium offers such as alternate photo sizes. Launched in 2014, FreePrints has now been downloaded millions of … Read more
Remember when your parents told you to never get into a stranger’s car? Well, it’s 2022 and that’s what you and everyone else are doing now. That revolution has been ushered by Uber Technologies, or Uber, which grew from a timeshare limo service in San Francisco to now over 70 countries and billions in annual … Read more
Executive Summary: VERO is a social networking app that surfaces content without relying on algorithms and advertising. Instead, the content is shown in chronological order. VERO currently makes money by taking a cut of 5 percent from any sale facilitated through its platform. How VERO Works VERO is a social networking platform that, unlike its … 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
One of every three adults in the United States is currently contemplating to cancel their cable TV subscription. On top of that, over 30 million people have cut the cord from 2017 to 2022 alone. Meanwhile, streaming platforms like Netflix or Disney+ have now amassed hundreds of millions of loyal and paying subscribers. Even old-school … 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