July 03, 2013
Lyft Takes Off In San Diego
Popular ridesharing company Lyft launched operations in San Diego on July 3, TechCrunch reports. San Diego is the sixth market Lyft has started service in since it launched last year....
June 24, 2013
Stripe: Collaborative Consumption Startups Process $500K Daily
Online payments service provider Stripe is now processing up to $500,000 a day for collaborative consumption startups, TechCrunch reports. The statement comes roughly two weeks since Stripe made it easier...
June 05, 2013
Stripe Adds New Payouts Feature
Stripe has added a new payouts feature allowing marketplace businesses to “programmatically” send bank transfers to U.S. bank accounts. Companies such as Lyft, Sidecar and Exec have trialed the payout...
June 01, 2013
Lyft To Bring Ridesharing Service To Boston
Lyft announced its first expansion on Friday, as TechCrunch reported that the California-based peer-to-peer ridesharing company would be expanding to Boston. The move will make Boston Lyft’s first East Coast...
May 27, 2013
California Gives Ridesharing Service SideCar The Green Light
The California Public Utilities Commission (CPUC) has granted SideCar formal permission to run in the state, as was first discovered by All Things D. The CPUC first issued cease-and-desist orders...
May 23, 2013
Lyft Announces New Funding, Passes 30,000 Rides Per Week
On-demand ridesharing app Lyft has announced that it raised $60 million led by venture capitalist firm Andreessen Horowitz, according to a report by TechCrunch. The media outlet says the San...
March 26, 2013
Lyft Acquires Cherry, Plans Seattle Launch
Ride-sharing service Lyft has acquired the operations team behind on-demand car wash startup Cherry. “Having someone strong in operations was going to be really important,” Lyft co-founder John Zimmer told...
March 10, 2013
Ride-Sharing, eHailing Apps Compete At SXSW
Ride-sharing and eHailing services Uber, Lyft, and SideCar are all making headlines through various offering and promotions at South By Southwest. Uber has made its UBERx service available for the...
February 13, 2013
Pining For PYMNTS: A Valentine’s Day Special
Which payments innovator are you crushing on this Valentine’s Day? That’s the question we posed to several industry leaders as we learn who’s turning heads and winning hearts in the...