Fair is Disrupting the Car Buying Model by Offering an Alternative to Leasing and Buying
Fair is a FinTech company that empowers customers to shop, get approved, and pay for the exact car they want—all on their phone. By simply scanning their driver’s license, linking a bank account, and signing in to the app, Fair customers can order a ready-to-pick-up car from anywhere in minutes.
Alyssa Julya Smith sits down with CEO Scott Painter in Los Angeles to discuss the company's latest round of funding, and how it plans to use the money to expand all over the USA. Fair just announced the close of a strategic funding round last week that was led by BMW i Ventures, alongside the Penske Automotive Group, among others.
Painter explains that since starting in September, the company has already seen huge interest and impact in the market. He also says that what works with Fair is that customers have the freedom to drive their car for as long as they want, and turn it in with just five days’ notice.
An off-duty commercial pilot riding in an extra cockpit seat on a Horizon Air flight said “I’m not OK” just before trying to cut the engines midflight and later told police he had recently taken psychedelic mushrooms as his mental health worsened, according to a federal complaint made public Tuesday.
California regulators have revoked the license of a robotaxi service owned by General Motors after determining its driverless cars that recently began transporting passengers throughout San Francisco are a dangerous menace.
Walmart, the nation's largest private employer, is expanding nationwide its health care coverage next month for employees who want to enlist the services of a doula, a person trained to assist women during pregnancies.
