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.
Spirit Airlines canceled about 100 flights on Friday after pulling some planes out of service for inspections, and the airline expects the disruptions to last several days.
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Several companies, including American Express, First Bancorp and Comerica, posted earnings Friday.
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Rite Aid is set to close more than 100 stores with efforts currently underway to try to sell dozens of stores across a dozen states.
Social media platform X will soon have two new paid subscription tiers.
