Platforms, in starkest terms, enable demand to meet supply. We’ve seen the dynamics across all manner of interactions, from vacation homes (Airbnb) to B2B to...
Carsharing firm Turo Inc., on Monday (Aug. 9) confidentially submitted a draft Registration Statement on Form S-1 with the Securities and Exchange Commission (SEC) for...
After a banner 2020, the car rental website Turo announced it is planning to pursue an initial public offering (IPO) in 2021, either traditionally or...
Whether it’s a merchant or their customer, an employer or their employee — every party involved in a transaction wants to be paid immediately, without...
Turo, a car-sharing startup, has raised $250 million from IAC in a Series E funding round, which puts the company’s valuation at above a billion...
Forget car and truck rentals, at least for the moment. Subscription commerce is the coolest new thing in automotive retail. Enterprise Holdings reportedly is running...
Regulators turned their collective gaze toward FinTech firms this past week. Specifically, the Treasury Department is slated to release (sometime over the next few weeks)...
Car-sharing marketplaces are rolling out new ways for borrowers to access cars through mobile apps. And PayPal has announced that it will acquire Hyperwallet to create an end-to-end payment solution. In other...
While peer-to-peer car (P2P) marketplaces can match borrowers with car owners, they sometimes come with a potential downside: Car owners often have to give their...