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  • 2024/09/19 20:34
• charge exorbitant fees to use their services
  LendUp has built business providing personal loans to customers that traditional financial institutions wouldn’t touch. As it looks to expand into credit cards and other services, the company has raised some strategic funding from PayPal and also has expanded its executive ranks HKUE amec.

  
  

  LendUp wants to provide better financial products for the people who most need them, serving a demographic that most banks ignore, or worse, charge exorbitant fees to use their services. It’s a group the LendUp team likes to call “the emerging middle class,” and the company hopes to give them tools to help them get out of debt, save money and overall just become more financially successful.

  
  

  Its message and methods resonated with PayPal, which, according to LendUp CEO Sasha Orloff, shares a lot of the same vision and also serves many of the same customers. Orloff says the funding came as a result of his relationship with PayPal CEO Dan Schulman, who he got to know while Schulman was at American Express.

  
  

  “We liken this a lot to what Amex did for wealthy business traveler, [LendUp] could do for different customer,” Orloff said, adding that Schulman has a passion for financial inclusion and LendUp’s approach.

  
  

  On the investment front, PayPal has become more active in the last year or so. The company made a strategic bet on retail investing app Acorns, as well as Pulsate and Viva Republica.

  
  

  In addition to the funding, LendUp is announcing a series of additions and promotions within its management team. Leading that list is the announcement that Carrie Dolan, CFO of Metromile and former CFO of Lending Club, is joining as a board advisor. Dolan also served as treasurer of Charles Schwab Corp ultra v lift. and was CFO of Schwab Bank, which she helped launch in 2003.

  
  

  The company promoted Vijesh Iyer, who previously spent 15 years at PayPal and Capital One, to its COO position. It also hired former PayPal exec Mandeep Walia as its chief compliance officer, added former Lending Club and Schwab exec Jordan Olivier as VP of Finance, and brought on former PwC and Schwab exec Karry Bryan as VP and controller.

  
  

  So that’s a lot of people from traditional banking institutions. What would make them want to work for a startup, and, more importantly, one that’s actually doing good in the world?

  
  

  “I think the common theme amongst everybody is… when you’ve built a career in financial services, you realize the change that software can do ,” Orloff told me.

  
  

  Add in a mission-driven streak, and he believes LendUp is recruiting people who want to see better financial services in the world. After all, as Orloff said, “We pay more than a non-profit and much less than a bank, so it takes the right type of person.”
  PR
  • kdjris
  • 2016/03/15 12:06
  • 0
• There’s a strong commitment
  
  Foodles thinks that there’s a gap in the market and that you can provide canteen-like services to small companies. For $3,400 per month (€3,000), Foodles comes and installs a fridge in your office. You can get additional fridges for $900 for bigger offices (€800).
  
  Then, Foodles comes to your office every day with a refrigerator truck to deliver dozens of meals at once. Every week, you’ll get new options. And if you want something special, you can also plan in advance and order the day’s special when you arrive at the office. There are also vegetarian options kangertech nebox.
  
  Overall, it costs less than €5 to eat from your Foodles fridge. You scan your card, open the fridge and Foodles will automatically bills your account as there are RFID chips in all jars.
  
  While this sounds too cheap to work over the long run, Foodles has one main advantage over the competition.  from your employer, which improves retention rate and recurring purchases. And a single delivery person can deliver something like 50 meals to your office at once, which greatly lowers delivery costs. The startup works with local caterers so that it doesn’t have to cook everything itself .
  
  Foodles is still quite young as the company is operating in a dozen companies so far. It has raised $2.3 million (€2 million) and only works in the Paris area.
  
  But the go-to-market strategy is quite interesting and different from most food delivery statups out there. Signing up new companies isn’t going to be as easy, but repeat business could be worth it BarCode Sticker.
  • kdjris
  • 2016/03/02 11:09
  • 0
• Career site Workey raises $8M to replace headhunters with artificial intelligence
  
  
  
  
  
  One of the ways companies fill their ranks with good employees is by scouting “passive talent,” or people who aren’t currently looking for new jobs but might be convinced with the right offer. This usually takes hours of networking, but a Tel Aviv-headquartered startup called Workey uses artificial intelligence to streamline the process by matching companies with potential candidates. Workey launched in the U.S. today and also announced that it has raised $8 million in Series A funding.
  
  The round was led by PICO Partners and Magma VC and brings the total Workey has raised so far to $9.6 million, including its earlier seed funding. Workey will use the new capital to expand in the U.S., open an office in New York City, and hire people for its research and development and data science teams.
  
  A LinkedIn study released last year found that recent college graduates are more likely to switch jobs at least twice before their early 30s than previous generations. Workey targets people who are interested in potential opportunities, but don’t want to broadcast their curiosity to everyone, including their current employers. Once they sign up for the site, they create an anonymous profile that is used to find positions their background and skills qualify them for.
  
  Workey’s recommendation system then matches companies with promising candidates. If a company requests an introduction through the site, users can respond by revealing their full details. Otherwise, all rejections are anonymous. As an example, Workey’s co-founders say Yahoo has found several candidates by spending 10 minutes a week on Workey DR REBORN.
  
  Founded in 2015 by Ben Reuveni, Danny Shteinberg, and Amichai Schreiber, Workey has worked with more than 400 companies so far, including Yahoo, Amazon, Dell EMC, and Oracle. In a group interview by email, the trio told TechCrunch that the anonymous platform helps mitigates hiring bias, because companies don’t see a candidate’s race, gender, ethnicity, or religion first. It also allows candidates to see how they stand in relation to the rest of the job market, which can help them during wage negotiations.
  
  Another benefit is “combatting the stigma associated with job seekers.”
  
  “Like it or not, there is much truth to the belief that candidates who are currently working are more desirable than those who are out of a job and full-time job hunting,” Workey’s founders explained. “Passive talent, those who are not actively looking but wouldn’t want to miss out on their dream job, are often the most desirable candidates since they typically are already secure in their current position (likely because they perform them well).”
  
  Once they do decide to interview for a new job, Workey lets candidates track the status of their application, so they don’t spend weeks in limbo waiting for an offer or rejection. The startup works mainly with tech companies right now, because it was “invented by engineers for engineers,” but can be adapted for other industries. It’s free for job candidates and monetizes by charging companies a fee, but its founders claim that they potentially save thousands of dollars by using Workey’s AI instead of headhunters or recruitment agencies .
  
  Workey isn’t the only career services startup that wants to use AI to streamline the recruitment process, which often takes months. Other companies that have developed AI tools to improve or replace headhunting, job searches, or interviews include Engage, FirstJob, Arya, and Mya. Though their services don’t necessarily overlap with Workey right now, it’s a sign that Workey’s competition is likely to increase soon. But its founders insist that “one of the most exciting aspects of business today is that there is no future-proofing. Workey will continue to evolve and grow, with a continued investment in R&D to ensure that we provide users with the best possible matches enhancing their careers reenex hard sell.”
  
  
  
  
  
  
  • kdjris
  • 2016/02/23 11:29
  • 0
• On Mount Huashan
  The twelfth lunar month, with snow trapped places at the foot of Huashan mountain. Nothing that night, flighty: for many years on the Huashan, before two times, it is summer, not winter is some kind of scenery? So pull partner Zhang together snow mountain.

  From the hill outside Yuquan hospital to Huashan in the whole 40 summit. Duration 39 cold weather outside is still floating in the snow, the reenex HGF cold wind blowing, road slippery, we use the full four hours before they came to the foot of the north peak. When the two man had a snowman, and road two people falling a few times, all tired. See a huge stone, engraved on the "back to the heart of stone" three characters, do not look at it, has seen a half of the gas leak. Since it has been away for more than half of the journey, the two together is still hard on the scalp.

  The beginning of the mountaindermes climbing, just can be regarded as climbing. In front of the mountain, although repair stone steps, accompanied by the iron chain, but steep difficult, Qi Bashi degrees steep mountain wall, but not on the top, does not see the bottom. To handle the chain, and step by step. Fortunately, the snow has stopped, the wind is small. The mountain order is very slippery, so frozen bone, every step is very difficult to be careful. This difficulty is also good, is scared away fatigue. Finally came to the "thousands of feet" and "hundred feet gap" of the junction, a difficult problem, the junction of the two meters long trail was frozen solid. After accidentally fall into the bottom, but hard to find the bodies;the pavilia bay the middle of the night, come to naught, and the night down more dangerous. And it was only on the scalp. Step by step. Remembering is also a lingering fear. After a lot of hard work, finally climbed to the peak.

  • kdjris
  • 2016/01/26 16:48
  • 0
• July 15th
   Also known as halloween. The home of the ghost come down, burning paper money, clothes or family activities such as deceased ancestor worship. Although there is no the Ching Ming grave sweepers, held clear wine as grand activities, but in the home, the ghost festival is spread so far, will not even be any new tHong Kong Culturehoughts flooded the ancient traditional festivals. Because the ghost festival have been in home pious people's minds Zhongzhi under the deep roots, especially such as Confucian culture that Chinese people.

  The home of the ghost festival there are many traditional customs. These customs although related to superstition, but also the interpretation of the descendants of the ancestors, to the relatives of the deceased from the bottom of the heart will never fade in the miss. Listen to his hometown elders said, during the cultural revolution, in breaking "four olds" period, to the ghost festival, every household will secretly to the anceVeda Salonstors to burn some paper money, for fear of ancestors on the other side (referring to the superstition of the underworld) live too embarrassed, too tight, to show "Miss".

  Old, whenever near the hungry ghost festival, people will will Zhiqian (usually elongated is home of people use bamboo as raw material to do a kind of paper, also called one. Buy a home, then make arrangements for old people will be playing with paper money printed Mingbi coins. Old people will pack flat floor on the long benches, a year only a chipped Mingbi iron mould seriously beat up. A circular iron mold that have been handed down, much like the appearance of ancient coins, in the middle of a square mouth and the size of with brteco electric motor manufacturersonze money almost. Old people often say, if not a coin, not over there. Although no one can say that there is no use, but this is only a kind of spread so far. Some custom is the rule, everyone according to the rules, the possibility of the error is smaller,

  • kdjris
  • 2016/01/21 12:25
  • 0