As any PYMNTS reader knows, new types of business models are developed and launched continuously, many that aim to keep high engagement with customers and build a long-term relationship. This is especially apparent when it comes to subscription model businesses, which generate about 23 percent...
Need an extra square foot? You can have it. And companies that start in dorm rooms know that concept too well. Since 2008, SpareFoot has carved out its place in the world as the largest marketplace for storage. Almost like an “Uber of Storage” before...
When the three largest banks in a country go bankrupt, entrepreneurism is what emerges from the rubble. Meniga, a leader in white-label personal finance and online banking solutions, was spawned in 2009 when 80 percent of Iceland’s banking system plummeted suddenly. It was an enormous...
To launch a startup to help launch other startups in the middle of a recession, that’s no easy feat. That’s what Jeff Lynn and Carlos Silva sought to do in 2009 while they were peers and friends at Oxford’s Saïd Business School. “Together, we came...
When a loved one is working overseas and sending money back to their family, it hasn’t always been a quick relay. That’s why, seven years ago, WorldRemit decided to tackle a global problem: sending money to developing countries via an app or website. Making instant...
Cruciferous vegetables are hearty and packed full of fiber and vitamins. So when your financial tech company shares a similar name with the cabbage variety, you know there are many layers involved. Kabbage is one of the dozens of financial firms built in the wake...
When the story of a business begins with “the first loan was written from my bedroom in Fulham, London,” you know that business’ story has got to be a good one. That bedroom was Rhydian Lewis’, who founded RateSetter and is its current CEO. “We’ve passed...
In the middle of the recession, everyone was talking about their personal finances. So, what’s a good startup idea? A personal finance site. Back in 2009, that’s what NerdWallet did. Its mission? To offer financial tools and advice from an objective standpoint to help people...
Buckle up. We’re taking our time machine back to 2009. Despite 2008’s financial aftershocks, 2009 actually was a good year. We at PYMNTS certainly think so, because that’s the year we were founded. More than seven years later, we’re going strong, flexing our digital muscles....
