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.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we focus on MGM Resorts, Clorox, United Airlines, Google and HP.
Air travel costs are up but there are ways to make the airport experience better and cheaper. Travel journalist Francesca Page joined Cheddar News to provide how to bring those costs down while traveling, especially ahead of the holiday season.
The nation’s employers added 336,000 jobs in September, an unexpectedly robust gain and the largest monthly rise since January, evidence that many companies remain confident enough to keep hiring despite high-interest rates and a hazy outlook for the economy.
