Business model is:
- Commissions from every credit card issued
- Commissions from every travel purchase made from app
- In-app ad revenue
...and selling customer financial data to advertising and third party agencies
The revenue from this is very negligible
Most important thing: Are they hiring?
Try with cold mails. Money must’ve hit the bank 2/3 mos back.
Ser these things are now announced when term sheet is signed not at closing.
Anyone has Scapia? Is it nice?
It's nice to have zero forex but not worth it for people who already have top-tier CCs (Infinia, Magnus, AmexPlat, etc)
Think the TG is mass-market travellers so may be a good play
Amex plat is not a good choice for forex.
Its good for people getting their first CC. Requires an FD. they have a strong team and good players as partners like federal bank
Who told you it requires an Fd ?
Does it not? I haven’t completed my KYC yet but I am assuming it would ask. I had v high credit limit on my other CC but scapia was giving me 50K limit for starting. I asked the customer care chat for an upgrade but didn’t get a positive response and didn’t complete KYC
Prediction - The next startup to fall will be Jar
This is just a prediction based on what I've been observing recently. Founder is publishing a lot of self ego boosting articles and aggressively hiring currently.
This has been going on for quite some time and they recently did some lay...
Meesho started layoffs !!!!
There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.
Does anyone know what SalarySe even does?
Saw the founder giving spiel on CNBC - however I couldn’t get a thing what is he really trying to build. Whatever little I could get is it is similar to refyne earned wage access and credit to employees working in organisations SalarySe ...