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Mexico seizes 380,000 boxes of Kellogg"s cereal, claiming they feature cartoon drawings that breach laws designed to improve children"s diets

According to AP, Mexico claimed the cartoon drawings on Kellogg's entice children which violates recent laws that seek to improve kids' diets. Kellogg's Corn Flakes cereal.Thomson Reuters Officials in Mexico have seized 380,000 boxes of Kellogg's cereal, AP reported.  The cartoon mascots on the boxes were thought to breach recent legislation to improve kids' diets. The raid mainly took place at a warehouse located north of Mexico City.  Mexico has seized 380,000 boxes of Kellogg's cereal, including Corn Flakes and Special K, AP reported. According to AP, officials raided 75 stores and seized batches of Kellogg's products. Most of the raid took place at a warehouse located north of Mexico City. The decision was not made because the cartoon mascots on the boxes were thought to breach recent laws aimed at improving children's diets. The seized cereals may not necessarily contain high levels of sugar but the laws ban food companies from using marketing ploys to entice children, AP reported. The health of Mexican residents is becoming an increasingly important area of concern for officials.In 2020, the southern Mexican state of Oaxaca put measures in place to curb an obesity crisis in the country, which was underscored by high death tolls during the COVID-19 pandemic, The Guardian reported. Lawmakers in the region banned the sale of sugary drinks and high-calorie snacks to children and proposed fines and potential closures for stores breaching these rules. According to a 2020 study, about 73% of the Mexican population is considered overweight. Kellogg's did not immediately respond to Insider's request for comment. The cereal boxes that were seized in the raid also reportedly excluded nutritional information, Mexico's consumer protection agency told AP.Last year, Kellogg's workers made headlines after 1,400 workers ended their 77-day long strike after voting on a new contract that included cost-of-living raises for employees.    Read the original article on Business Insider.....»»

Category: dealsSource: nytJan 15th, 2022

Mexico seizes 380,000 boxes of Kellogg"s cereal, claiming they feature cartoons that breach laws designed to improve children"s diets

The raid mainly took place at a warehouse located north of Mexico City. The country is clamping down on food companies that market to children. Kellogg's Corn Flakes cereal.Thomson Reuters Officials in Mexico have seized 380,000 boxes of Kellogg's cereal, AP reported.  Cartoons featured on the boxes were thought to breach recent legislation to improve kids' diets. The raid mainly took place at a warehouse located north of Mexico City.  Mexico has seized 380,000 boxes of Kellogg's cereal, including Corn Flakes and Special K, AP reported. According to AP, officials raided 75 stores and seized batches of Kellogg's products. Most of the raid took place at a warehouse located north of Mexico City. The decision was not made because the cartoon mascots on the boxes were thought to breach recent laws aimed at improving children's diets. The seized cereals may not necessarily contain high levels of sugar but the laws ban food companies from using marketing ploys to entice children, AP reported. The health of Mexican residents is becoming an increasingly important area of concern for officials.In 2020, the southern Mexican state of Oaxaca put measures in place to curb an obesity crisis in the country, which was underscored by high death tolls during the COVID-19 pandemic, The Guardian reported. Lawmakers in the region banned the sale of sugary drinks and high-calorie snacks to children and proposed fines and potential closures for stores breaching these rules. According to a 2020 study, about 73% of the Mexican population is considered overweight. Kellogg's did not immediately respond to Insider's request for comment. The cereal boxes that were seized in the raid also reportedly excluded nutritional information, Mexico's consumer protection agency told AP.Last year, Kellogg's workers made headlines after 1,400 workers ended their 77-day long strike after voting on a new contract that included cost-of-living raises for employees.    Read the original article on Business Insider.....»»

Category: dealsSource: nytJan 15th, 2022

39 useful gifts for new parents, including a cozy robe for them and a sound machine to soothe the baby

New parents love useful gifts that make life with a new baby easier. Here are 40 of the best gifts for new parents, from diapers to meal kits. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.Amazon A thoughtful gift can really make a difference in the busy life of a new parent. From a portable high chair to a swaddling blanket, here are 38 of the best gifts for new parents. Still looking for a gift? Check out our list of the All-Time Best products we've ever tested. Being a new parent means that people will naturally want to shop for you and the baby — mainly because gifts for new parents are fun to buy. The gifts here are a great way to celebrate new life with gifts that are both practical and fun.We rounded up 38 gift ideas that will help new parents adjust to life with a baby, help everyone sleep a little better, eat a little easier, and make those new baby photos pop.We've done our best to select a range of gifts with a variety of shipping options. Keep in mind that gifts purchased now may not arrive in time for the holidays. Be sure to check estimated arrival dates when checking out and keep in mind that the ship date is different than the package arrival date.Here are 39 of the best gifts for new parents:A digital baby bookQeepsakeQeepsake Membership, available at Qeepsake, from $35.88It's easy to forget to record special milestones when you're a sleep-deprived new parent. That's where Qeepsake comes in handy. The service texts parents questions about their baby and then saves their responses and photos. Parents can order the printed book that includes all their memories.A soft robe they'll want to wear all dayParachuteClassic Bathrobe, available at Parachute, $99Busy parents will love to wrap themelves in this cozy robe after a quick shower. The midweight robe is made from 100% Turkish cotton for both comfort and quick drying, and it's one of our all-time favorites.A food catchall that is easy to cleanThe Rooted Baby Co.Silicone Bib, available at The Rooted Baby Co., $12.99Eating meals is a messy affair for the littlest eaters among us. This bib made of high-quality silicone makes cleanup a breeze with the ability to catch any snack spills. It's good to go for the next meal with just a few wipes and it's dishwasher safe.A way to nurse comfortably and stylishly at the same timeTargetBamboobies Nursing Cover, available at Buy Buy Baby, Target, and Bed Bath & Beyond, from $20.99New moms may take a little time adjusting to breastfeeding in public and there's no need to hide behind a hot blanket. A good nursing cover allows baby to feed in peace and mom to cover up for any occasion or outing.A comfy, personalized blanket made just for babyPottery Barn KidsCable Knit Recycled Chamois Baby Blanket, available at Pottery Barn Kids, $40Putting your baby's name on anything instantly makes it a family classic. This cable knit chamois version is the coziest blanket for afternoon naps to keep your little one warm.A bag that puts everything you need within reachLululemonLululemon Everywhere Belt Bag, available at Lululemon, $38Fanny packs have gotten a bad rap, but for a busy parent who needs three extra hands, it's the perfect solution. This belt bag allows you to put your most used items in quick reach so that you're not digging through a diaper bag to find your keys while also keeping an eye on the baby.A safe, easy-to-use nail trimmerBblüvBblüv Trimö Baby Electric Nail Trimmer, available at Buy Buy Baby, $29.99Baby nails can get really sharp. And because they're so small and delicate, they can be intimidating to take care of. This electric trimmer makes it easy to gently cut fingernails and toenails without having to worry about getting them too short. The electric file gently rounds off the rough edges.A fun way to clean up snot-nosed kidsFridaBaby/InsiderFrida Baby Nose Frida the Snotsucker, available at Buy Buy Baby and Amazon, from $16.99Stuffy noses can make a baby uncomfortable. Since they can't just go blow it out with a tissue, they need a little help. The Nose Frida Snotsucker looks, well, weird, but it's safe, clean, easy to wash, and if we're being honest, it's kind of fun too. A pillow spray to help parents get a good night's sleepAmazon.comThis Works Deep Sleep Pillow Spray, available at Dermstore, $29Sleep is a tenuous proposition, at best, for new parents, so when they finally get the chance to turn in for the night, this spray will help them fall into a deeper and more relaxed sleep. Featuring a pleasing blend of lavender, chamomile, and vetivert, the relaxing scent helps a person doze off. One of our reporters swears by it for a better night's sleep.A cleverly designed towel that quickly dries and comforts babiesParachuteParachute Hooded Baby Towel, available at Parachute, $29Getting out of the bath is cold for babies, too, but this this absorbent towel keeps lets you wrap them up to keep them cozy while drying off. The adorable hood adds extra warmth.A keepsake calendar filled with sweet photosArtifact UprisingArtifact Uprising Wood Calendar, available at Artifact Uprising, $30Parents can't get enough photos of their newborn. Take some of those photos to create a unique, practical calendar featuring their little one that they can use every day.An essential supply they can never get enough ofHonest/Business InsiderHonest Diapers, available at Honest.com, $10.95/packCloth diapers aren't for everyone, but these absorbent disposable diapers made from Earth-friendly materials are a good alternative for the eco-conscious. They also feature fun prints, even holiday designs. And to up the convenience factor for busy new parents, the company also has a diapers and wipes subscription box to save money and precious time. A comfortable seat for babyBumboBumboo Infant Floor Seat, available at Buy Buy Baby and Target, from $44.99Made from soft, durable foam, the Bumboo seat helps babies learn to sit upright, starting at three months. Parents will appreciate its portability as well as how easy it is to clean.A comfortable and flexible baby slingAmazonBaby K'tan Original Carrier, available at Amazon, and Target, from $59.95Hands-free carrying is a convenient way to keep baby close that parents will appreciate, whether they're grocery shopping or talking on the phone. This sling is comfortable for the baby as well as parents. It's a gift one of Business Insider's own gives to new parents after having used it with her kids from the time they were born until they were toddlers. You can check out our top picks for the best baby carriers here.Crib sheets in cute printsBrooklinenBrooklittles Crib Sheet Sets, available at Brooklinen, from $28.80From spit up to diaper blowouts, crib sheets have to endure a lot, so it's essential that there's always a clean one handy. Parents will really appreciate such a practical gift when they need one. Brooklinen's line of sheets for little ones feature fun patterns and prints that look great in any nursery.A baby book parents will actually want to fill outMaisonetteLucy Darling Flower Child Memory Book, available at Maisonette, $34.99Parents always appreciate looking back on the special memories they otherwise might have lost to sleep deprivation during baby's first year. Jotting down moments to savor won't feel like more paperwork with this spiral-bound baby book adorned with fun floral patterns. There's even a place for the baby's hand and foot prints.A warm cup of coffee on a cold dayContigo/Business InsiderContigo Autoseal West Loop Insulated Travel Mug, available at Amazon, $20.99Life with a baby doesn't pause so parents can rest, so having a little caffeine on hand can be a lifesaver when a parent's running morning errands on five hours of sleep. This leak-free travel mug keeps drinks hot or cold for up to seven hours, and it comes in 30 colors and a variety of sizes.An Amazon Prime membership so new parents can order suppliesWhat to buy on Amazon Prime Day 2018Sundry Photography/ShutterstockAmazon Prime gift subscription, three months, $39Nobody wants to make an extra trip to the store, especially busy new parents. A Prime membership lets them avoid the hassle, allowing them to order whatever they need and have it delivered instead, in two days.A full-year subscription is $119. And if they already have a Prime membership, they'll be able to convert your gift to credit so they can spend the money on anything they need.A portable gadget for fussy sleepersAmazonBaby Shusher Sleep Miracle, available at Buy Buy Baby, Amazon, and Target, $14.99White-noise machines are useful gadgets to have around because they're helpful for getting a fussy baby to fall asleep. The Baby Susher plays a real human voice, and it's easy to use at home, in the car, etc. A pacifier that won't keep falling to the groundAmazon/Business InsiderPhilips Avent Soothie Snuggle Pacifier Holder with Detachable Pacifier, available at Buy Buy Baby and Amazon, from $14.95This pacifier features a plush animal that can be detached to make cleaning both pieces fast and easy. You can choose from a variety of animals, including elephant, giraffe, monkey, and seal, that make it easy to find and comforting for babies to snuggle. A swaddling blanket that transforms their baby into a burritoUncommon GoodsTortilla Baby, available at Uncommon Goods, $48What's better than a delicious burrito? A swaddling blanket that looks like a burrito and helps baby sleep tight after a long day.Socks for tired feetBombasGift a Bombas Gift Box, from $35Bombas' comfortable gym socks feature a blister tab and cushioned footbeds that wrap feet in luxury. Busy, tired parents will appreciate comfortable socks. Also, Bombas also donates a pair to a homeless shelter for every pair purchased. A jolt of caffeine after a sleepless nightSwift CupAgaro Free-Dried Coffee (6 cup box), available at Swift Cup Coffee, $14Instant coffee isn't what it used to be; it's actually good now, and that's excellent news. Tested by our experts, these six individual packets of freeze-dried Ethiopian coffee will give sleepy parents the quick jolt they're looking for, and all they have to do it add 10 ounces of hot or cold water and stir.A sleek bassinet that rocks crying babies to sleepSnooSnoo Rental Gift Card, available at Happiest Baby, from $25There's nothing new parents will appreciate more than a little help with a baby who doesn't sleep well. Sensing when a baby is tense, the Snoo automatically rocks them to sleep with a gentle motion. There's also a built-in white noise machine and a swaddle to help calm fussy little ones. Parents can control the bassinet and monitor it via the app. And while the Snoo is expensive, the company has a rental program for a more affordable option.Bilingual board books for early learningAmazon/Business InsiderCanticos Board Books, available at Amazon, from $2.41It's never too soon to start learning a second language. These books help by introducing important early words like numbers, shapes, and more in both English and Spanish.A mustache pacifierBuyBuyBaby/IniderMustachifier, available on BuyBuyBaby, $9.99This pacifier will have everyone doing a double take to see if that baby really does have a hipster mustache. And don't overlook the value of peace and quiet that comes with it too.A meal kit delivery service so they can cook for themselvesBlue ApronBlue Apron Subscription Gift Card, from $65Cooking can be an extra hassle for frazzled new parents, but a delivery service like this can make it a little easier to get a healthy, home-cooked meal. Blue Apron boxes come with preportioned ingredients and three easy-to-cook recipes. They'll get one week of meal kits for $60.Check out our guide to the best meal kit delivery services, which includes options for special diets.A gadget to make diaper changes easierDiapertainment/Business InsiderDiapertainment, available at Amazon, $15.99Diaper changing is much easier when a squirming baby is occupied. This smartphone mount does helps hold a little one's attention with their favorite short videos so parents can get down to business.An interactive play matLoveveryThe Lovevery Play Gym, available at Lovevery, $140This activity gym has different learning zones and a range of accessories designed to engage a baby as they grow. Designed by childhood development experts, there are features here for infants as well as toddlers.*This product is currently backorderedA pregnancy journal to track progress and memoriesAmazon/Business Insider"Expecting You: A Keepsake Pregnancy Journal," available at Amazon, $13.46Pregnancy is a journey, and this journal gives new parents the chance to track their memories and experiences. Whether they end up using it as a reference for subsequent children or just as a way to look back on a special time, this keepsake journal makes a timeless treasure for parents.A portable way to secure babies to their seatsBuyBuyBabyInglesina Fast Table Chair in Black, available at Buy Buy Baby, $79.99A popular choice for an easy-to-use high chair because of its convenience, the Inglesia Fast Table Chair can be used with any table up to 3.3 inches thick. And it can be used for children ranging in age from 6 months to 3 years.A 5-in-1 machine to help baby sleepBaby Dream MachineBaby Dream Machine, available at Baby Dream Machine, $119On top of smoothing "pink noise" sound that help infants relax, the Baby Dream Machine is also a cool-mist humidifier as well as an aromatherapy machine. It even provides red light and night light therapy with an adorable bear design that will great in the nursery. The gift of getting some shut-eyeHalo/Business InsiderHalo Sleepsack Swaddle Wrap, available at Buy Buy Baby, $24.99Swaddling helps a baby feel more relaxed, and a more relaxed baby is a better sleeper. This transitioning swaddle features a unique design that allows a baby to be wrapped with their arms in or out, which is important for safety once they start rolling.An adjustable, washable pillow to ensure a good night's restLauren Savoie/Business InsiderCoop Home Goods Premium Adjustable Loft Pillow, available at Amazon, $63.99Few things help exhausted parents fall asleep faster than a comfortable pillow. This customizable pillow is hypoallergenic and works well for all sleeping positions.Fun PJs' for any occasionHanna AnderssonEarth Day Baby Zip Sleeper, available at Hanna Andersson, $16.99Whether they're cozying up to watch a parents' favorite show or settling in for a special holiday, matching family pajama sets are a fun way for families to share an experience. Hanna Andersson makes a comfy set of pajamas featuring everything from holiday prints to dinosaurs to popular characters.A time-saving food hack parents can feel good aboutCerebelly/Business InsiderCerebelly Pouches, available at Cerebelly, $4.24 eachWith organic vegetable-based recipes that babies will love, these handy little pouches are perfect in a meal-time pinch. They're self-stable, so they'll last long enough to be around when you need them. Created by a neurosurgeon, this go-anywhere babyfood is also loaded with nutrients that help with brain development.  A smart home device to act as an assistantLisa Eadicicco/Business InsiderEcho Dot 4th generation, available at Target, $29.99A smart speaker is the perfect nursery assistant. It can play gentle music to help lull babies to sleep or set timers for feeding times. They're also compatible with a long list of smart home devices, which makes it easy to turn off light or set the thermostat while parents are busy changing diapers.An Instant Pot for easy mealsInstant PotInstant Pot Duo 60, available at Amazon, $89Our favorite Instant Pot includes a number features and functions, from pressure cooking to sautéing. Parents can make delicious one-pot meals for themselves and the baby with just a few easy steps and a lot less cleanup.Something to soothe and protect baby's delicate skinDove/Business InsiderBaby Dove Derma Care Body Wash, available at Walmart, $8.86Baby Dove Eczema Care Cream, available at Rite Aid, $8.69Newborns have delicate skin that requires gentle, soothing products to keep them clean and their outer layer soft and hydrated. Developed alongside pediatric dermatologists, Dove's wash and cream are free of dyes, parabens, phthalates, steroids, and fragrances.Read the original article on Business Insider.....»»

Category: worldSource: nytDec 15th, 2021

Mississippi banned most abortions to be the "safest state" for the unborn. Meanwhile, one in three Mississippi kids live in poverty

Mississippi will defend its abortion ban before the Supreme Court on December 1. Back home, one in three Mississippi kids live in poverty. Drusilla Hicks, a single mom in Mississippi, with her two youngest kids.Rory Doyle for Insider Mississippi lawmakers said the ban on most abortions after 15 weeks would make Mississippi 'the safest state in the country' for the unborn.  The Supreme Court will hear a challenge to Mississippi's abortion law on Dec. 1. Advocates say Mississippi, the poorest state in the country, offers little support for children 'once they're here.' Brandon, Mississippi – Drusilla Hicks sinks into her couch. A week ago, she and her three young kids moved into their new home. After unloading the moving truck herself, unpacking all the boxes, and hanging photos on the wall, she's exhausted. All around her, stacks of folded laundry are perched on every available surface. Hicks wakes at five o'clock every morning and doesn't get home from work until dark. Between her daughter's cheerleading practice, her son's homework, and the baby's bath time, she rarely gets time to herself. The only reason she was home alone on a late October morning was because she'd been in a car accident the day before. Her body aching, Hicks, who's 28, was supposed to be resting. But the laundry won't fold itself. As a single mom with no child support, Hicks struggles. Her mother and the kids' grandmothers help out with childcare when they can. But the salary she earns from her job as an office manager for the county isn't enough to cover her bills. Her income is just a bit over the threshold for her to qualify for state aid. After trying repeatedly to request some kind of assistance, she's stopped asking. Instead, a friend helps her pay the bills each month. Without him, she's not sure where she and her children would be living. Right now, she's worried about how she will pay the $1,000 deductible to repair her car from the accident. To provide for her children, she often "pinches," or goes without."I'm trying to give my children a better life than I had," Hicks says. "It's hard because I'm trying to make sure they do the extra stuff they want to do, as well as make sure my bills are paid. If I don't have something, I go without and they'll just never know."After a moment, she gets up again. Soon, it will be time to pick up the kids. The children that are hereIn March of 2019, Mississippi drew national headlines when Governor Phil Bryant signed into law one of the most restrictive abortion bans in the country, making Mississippi – as backers of the bill frequently put it – "the safest place in the country for unborn babies." A challenge to the law, which bans most abortions after 15 weeks, has made it to the US Supreme Court and oral arguments are scheduled for Dec 1. It will be the first major challenge to abortion rights that the court has heard since Justice Amy Coney Barrett, a conservative Trump appointee, was seated. Drusilla Hicks walks with her son.Rory Doyle for InsiderIn the meantime, Mississippi Attorney General Lynn Fitch has been making the rounds on the national Christian media circuit—she rarely speaks with media in the state—touting the "empowering" options and opportunities that would stem from overturning Roe v. Wade.  "You have the option in life to really achieve your dream and goals, and you can have those beautiful children as well," Flynn said in September. But community leaders and organizers left with filling in the gaps left from the absence of state aid tell another story. They point to past legislative sessions where Mississippi leaders have repeatedly passed laws that make it harder for families to access aid, while stonewalling on bills that are designed to address income gaps. All of this puts Mississippi on the path to forcing women to have children, then providing little to no safety net once the children are born."We've had so many state leaders who have talked about wanting Mississippi to be the safest state in the country for unborn babies. Every time I hear that, I think, 'Oh my god, let's make this state the safest in the country for born babies,'" said Carol Burnette, executive director of the nonprofit Mississippi Low-Income Child Care Initiative. "They're so determined about their anti-abortion stance; there's just no similar match to being concerned about children once they're here."A domino effect Mississippi is the poorest state in the nation. Around 600,000 people here, nearly 20 percent of Mississippians, live in poverty. It's even higher for kids: one in three Mississippi children live in poverty.In Mississippi, maternal deaths occur in 33.2 of every 100,000 births – nearly twice the national average of 17 deaths per 100,000 – and the state has the highest rate of infant mortality. Mississippi classrooms teach abstinence as sex education; there is no promotion of safe sex or contraceptives. The state has one of the highest teenage pregnancy rates in the nation. Additionally, Mississippi is the only state without a law requiring equal pay, which advocates say especially disadvantages Black women and single moms. The Annie E. Casey Foundation, a  consistantly lists Mississippi last in its annual state ranking of overall child well-being. The issues facing poor Mississippi families are interconnected, creating a domino effect, so one issue exacerbates another.A wall of family photos at Drusilla Hicks' new home.Rory Doyle for InsiderAccording to Lea Anne Brandon, a former spokeswoman for the Mississippi Department of Children and Families, the overwhelming majority of children removed from their homes were living in poverty. "It wasn't 'I don't want to take care of this child,'" Brandon said. "It's 'I don't have the resources to or I don't have money to put them in daycare,' or 'I don't have enough money to buy them food or clothes or medicine.'"Based on the thousands of children and families she's seen, Brandon said the state often swoops in to "rescue" children instead of addressing the issue on the front end. "We're pro-birth. Are we pro-life? We want them born but once they're born, what do we do? 'Here's a pack of diapers' and 'Isn't your child cute?'" Brandon said. Nakeitra Burse, a maternal health advocate who works with pregnant women and mothers, has a unique vantage point of seeing both the administrative hurdles and the myriad of consequences that stem from a patchwork of care. Hospital closures in rural areas, and funding issues at hospitals across the state, for example, puts pregnant women at greater peril, she said.Burse points to a recent tragedy, where a young pregnant woman suffered a heart attack. The family lived in a rural part of the state that doesn't have a county hospital, and so the woman's husband attempted to drive her to a neighboring county. They didn't make it. The husband performed CPR on his dying wife on the side of the road. She and the baby died four days before her due date. "When you think about rural Mississippi, those access and quality issues are a big problem," Burse said. She continues: "Mississippi is so small, I know people that know her."A brigade of helpersThe tight group of activists, organizers and policy experts who work in this area come together to provide, in many instances, what the state does not. Born out of necessity, they've formed a unique brigade. Cassandra Welchlin with the Black Women's Roundtable is the voice in the room when it comes to equal pay and how the disparity impacts Black mothers. She'll defer to Burse when it comes to maternal health; Burse rattles off statistics with barely a breath in between, and can talk for hours about the importance of doulas. Cassandra Overton Welchlin (right) at a 2018 event to boost voter participation in Mississippi.Rogelio V. Solis/AP PhotoAnd childcare once those babies are born? That's Burnette's wheelhouse. If childcare isn't available or a mom needs help paying her bills that month, it's over to Laurie Bertram Roberts, co-founder of the Mississippi Reproductive Freedom Fund and executive director of the Yellowhammer Fund in Alabama, which also advocates for abortion access. Each of the women has dedicated their life to helping Mississippi women and families. Each of them also express frustration that the state isn't doing more, and, they feel in some instances, making it harder for women to get the help they so desperately need. Republican lawmakers in the state say their thinking comes down to responsible and sustainable budgeting. Burnette says that she spends a lot of her days navigating the red tape that state lawmakers have put up that makes it more difficult for Mississippians to access federal services. Take the Child Care Certificate Program, a federal block grant. More than 100,000 Mississippi children should be eligible, but in 2019 – the most recent year for which there's data – just 20,900 benefited from the program. The federal program is most commonly used by single mothers, but the state added an additional requirement: single parents have to cooperate with child support enforcement in order to enroll, meaning they have to provide information about the children's father so the state can track him down. Many are reluctant to do so. Laurie Bertram Roberts, left, confronts an abortion opponent blocking the driveway at Jackson Women's Health Organization in 2013. It's the sole abortion clinic in the state.Rogelio V. Solis/AP PhotoPrudent spending and a fair sliceWhile those on the ground have no shortage of suggestions to help push the state forward, on the top of almost everyone's wish lists is expanding access to Medicaid, a federally funded health care program for the poor. But it remains a major, if unreachable, priority for state Democrats. Currently, low-income women in the state can qualify for Medicaid coverage during their pregnancy and for 60 days after the birth of the child, and two thirds of births in the state are covered by Medicaid.Under the Affordable Care Act, states could opt-in to expand Medicaid coverage. But Mississippi lawmakers opted against it, joining 11 other states to date. In the 2021 legislative session, a proposal to expand Medicaid coverage to mothers for one year after the birth of the child postpartum failed to make it out of committee. From the top down, Mississippi Republican leaders have repeatedly spoken out against Medicaid expansion, including the state's current governor, Tate Reeves, and Speaker of the House Phillip Gunn. In his budget proposal for the 2022 fiscal year, Reeves said, "I remain adamantly opposed to Medicaid expansion in Mississippi. I firmly believe that it is not good public policy to place 300,000 additional Mississippians on government-funded health care."His spokesperson Bailey Martin told Insider, "Governor Reeves remains opposed to the expansion of Obamacare and Medicaid in Mississippi."Other issues impact affordability, too. According to the National Low Income Housing Coalition, Mississippi is short 42,000 affordable housing units for families in need. Single-mother households with children under the age of 18 are in the most danger of facing eviction within the next few months, according to Matthew Carpenter of the NAACP. "We see the linkage between quality affordable housing and pretty much everything," he said. "The state being a low-income, low wage state, that impacts housing prospects for a lot of people, and it impacts the well-being of the kids.In Mississippi, eight out of ten Black women are heads of household, and many of the state's problems, from poverty to bad health outcomes, would be made more manageable if women's work – and especially Black women's work – was made more valuable, Welchlin said.Drusilla Hicks collects her youngest child from the car.Rory Doyle for InsiderTo push that debate along, every year members of the Black Women's Roundtable take slices of pie to the state legislature and leave them on the desks of representatives and senators. The message: we want our slice of the pie.For Burnette, The resistance to bolstering the state's social safety net is "inextricably tied to race" and a false narrative of the "welfare queen.""Mississippi has a long history of resisting federal programs and federal funding that comes in with the intent to improve things for poor people," she said. In fact, she said, "single moms have incredible work ethic." But they have to make ends meet with minimum wage jobs, while navigating the lack of affordable housing and affordable and flexible childcare. "They're working, they're just working in jobs that pay too little and because they're a single mom and the sole earner, they're hampered – not only by low wages but being the only wage earner," Burnette said.A full house Back in Brandon, it's been a week since Hicks' car accident. After work, she picks up the kids, and a pizza for dinner. Settled at the kitchen table, each of the older children grab a plate. Hicks does not, feeding the baby instead. Hicks has been in her new house for a week but already it has a warm, lived-in look, like they've been there for years. There are framed photos of the children on the wall, mirrors are hung just so, and a pumpkin is arranged on the front porch for fall. They clear the plates. In the living room, Hicks' daughter practices a cheer routine, which Hicks videos on her phone. Her son circles them on his skateboard. He's energetic, a showman. Later, as she helps him with homework, she worries about his grades.The worrying never really goes away. Hicks wonders if she's doing enough as a mom, and what more she can do to provide for her kids. Dinnertime at the Hicks home.Rory Doyle for InsiderDrusilla Hicks making a cellphone video of her daughter's cheer routine.Rory Doyle for InsiderDrusilla Hicks with her three kids.Rory Doyle for InsiderDrusilla Hicks gives her youngest kid a bath while her daughter looks on.Rory Doyle for InsiderDrusilla Hicks putting her son to bed.Rory Doyle for InsiderDrusilla Hicks getting a rare moment to herself.Rory Doyle for InsiderThe night winding down, she bathes the baby in the kitchen sink and tucks her son into bed in his Spiderman sheets. For a moment, it's quiet and Hicks takes a minute to herself, sitting with her phone in the dark. Hicks is stressed, but she's too exhausted at the end of each day for it to keep her awake at night. "I go to sleep as soon as my head hits the pillow," she says. She has to sleep sometime. In just a few short hours, it starts all over again. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderNov 26th, 2021

38 useful and unique gifts for new parents - from a sound machine to a meal kit service

New parents appreciate useful gifts that make life with a new baby easier. Here are 38 of the best gifts for new parents, including a high chair & coffee. When you buy through our links, Insider may earn an affiliate commission. Learn more. Amazon A thoughtful gift can really make a difference in the busy life of a new parent. From a portable high chair to a swaddling blanket, here are 38 of the best gifts for new parents. Still looking for a gift? Check out our list of the All-Time Best products we've ever tested. Being a new parent means that people will naturally want to shop for you and the baby - mainly because gifts for new parents are fun to buy. The gifts here are a great way to celebrate new life with gifts that are both practical and fun.We rounded up 38 gift ideas that will help new parents adjust to life with a baby, help everyone sleep a little better, eat a little easier, and make those new baby photos pop.Read on for 38 of the best gifts for new parents: A food catchall that is easy to clean The Rooted Baby Co. Silicone Bib, available at The Rooted Baby Co., $12.99Eating meals is a messy affair for the littlest eaters among us. This bib made of high-quality silicone makes cleanup a breeze with the ability to catch any snack spills. It's good to go for the next meal with just a few wipes and it's dishwasher safe. A way to nurse comfortably and stylishly at the same time Target Bamboobies Nursing Cover, available at Buy Buy Baby, Target, and Bed Bath & Beyond, $24.99New moms may take a little time adjusting to breastfeeding in public and there's no need to hide behind a hot blanket. A good nursing cover allows baby to feed in peace and mom to cover up for any occasion or outing. A comfy, personalized blanket made just for baby Pottery Barn Kids Cable Knit Recycled Chamois Baby Blanket, available at Pottery Barn Kids, $40Putting your baby's name on anything instantly makes it a family classic. This cable knit chamois version is the coziest blanket for afternoon naps to keep your little one warm. A bag that puts everything you need within reach Lululemon Lululemon Everywhere Belt Bag, available at Lululemon, $38Fanny packs have gotten a bad rap, but for a busy parent who needs three extra hands, it's the perfect solution. This belt bag allows you to put your most used items in quick reach so that you're not digging through a diaper bag to find your keys while also keeping an eye on the baby. A safe, easy-to-use nail trimmer Bblüv Bblüv Trimö Baby Electric Nail Trimmer, available at Buy Buy Baby, $29.99Baby nails can get really sharp. And because they're so small and delicate, they can be intimidating to take care of. This electric trimmer makes it easy to gently cut fingernails and toenails without having to worry about getting them too short. The electric file gently rounds off the rough edges. A fun way to clean up snot-nosed kids FridaBaby/Insider Frida Baby Nose Frida the Snotsucker, available at Buy Buy Baby and Amazon, from $9.50Stuffy noses can make a baby uncomfortable. Since they can't just go blow it out with a tissue, they need a little help. The Nose Frida Snotsucker looks, well, weird, but it's safe, clean, easy to wash, and if we're being honest, it's kind of fun too.  Cozy moccasins for baby's first steps TPMOCS TPMOCS Custom Moccasins, available at TPMocs from $74Handcrafted at every step of the way by Native American artisans, these beautiful, durable customized moccasins keep baby's feet comfortable with every step. A portion of all purchases goes toward addressing poverty for Native American communities in need.    A pillow spray to help parents get a good night's sleep Amazon.com This Works Deep Sleep Pillow Spray, available at Dermstore, $29Sleep is a tenuous proposition, at best, for new parents, so when they finally get the chance to turn in for the night, this spray will help them fall into a deeper and more relaxed sleep. Featuring a pleasing blend of lavender, chamomile, and vetivert, the relaxing scent helps a person doze off. One of our reporters swears by it for a better night's sleep. A cleverly designed towel that quickly dries and comforts babies Parachute Parachute Hooded Baby Towel, available at Parachute, $29Getting out of the bath is cold for babies, too, but this this absorbent towel keeps lets you wrap them up to keep them cozy while drying off. The adorable hood adds extra warmth. A keepsake calendar filled with sweet photos Artifact Uprising Artifact Uprising Wood Calendar, available at Artifact Uprising, $30Parents can't get enough photos of their newborn. Take some of those photos to create a unique, practical calendar featuring their little one that they can use every day. An essential supply they can never get enough of Honest/Business Insider Honest Diapers, available at Honest.com, $10.95/packCloth diapers aren't for everyone, but these absorbent disposable diapers made from Earth-friendly materials are a good alternative for the eco-conscious. They also feature fun prints, even holiday designs. And to up the convenience factor for busy new parents, the company also has a diapers and wipes subscription box to save money and precious time.  A comfortable seat for baby Bumbo Bumboo Infant Floor Seat, available at Buy Buy Baby and Target, from $44.99Made from soft, durable foam, the Bumboo seat helps babies learn to sit upright, starting at three months. Parents will appreciate its portability as well as how easy it is to clean. A comfortable and flexible baby sling Amazon Baby K'tan Original Carrier, available at Buy Buy Baby, Amazon, and Target, from $49.95Hands-free carrying is a convenient way to keep baby close that parents will appreciate, whether they're grocery shopping or talking on the phone. This sling is comfortable for the baby as well as parents. It's a gift one of Business Insider's own gives to new parents after having used it with her kids from the time they were born until they were toddlers. You can check out our top picks for the best baby carriers here. Crib sheets in cute prints Brooklinen Brooklittles Crib Sheet Sets, available at Brooklinen, from $28.80From spit up to diaper blowouts, crib sheets have to endure a lot, so it's essential that there's always a clean one handy. Parents will really appreciate such a practical gift when they need one. Brooklinen's line of sheets for little ones feature fun patterns and prints that look great in any nursery. A baby book parents will actually want to fill out Maisonette Lucy Darling Flower Child Memory Book, available at Maisonette, $34.99Parents always appreciate looking back on the special memories they otherwise might have lost to sleep deprivation during baby's first year. Jotting down moments to savor won't feel like more paperwork with this spiral-bound baby book adorned with fun floral patterns. There's even a place for the baby's hand and foot prints. A warm cup of coffee on a cold day Contigo/Business Insider Contigo Autoseal West Loop Insulated Travel Mug, available at Amazon, $20.99Life with a baby doesn't pause so parents can rest, so having a little caffeine on hand can be a lifesaver when a parent's running morning errands on five hours of sleep. This leak-free travel mug keeps drinks hot or cold for up to seven hours, and it comes in 30 colors and a variety of sizes. An Amazon Prime membership so new parents can order supplies What to buy on Amazon Prime Day 2018 Sundry Photography/Shutterstock Amazon Prime gift subscription, three months, $39Nobody wants to make an extra trip to the store, especially busy new parents. A Prime membership lets them avoid the hassle, allowing them to order whatever they need and have it delivered instead, in two days.A full-year subscription is $119. And if they already have a Prime membership, they'll be able to convert your gift to credit so they can spend the money on anything they need. A portable gadget for fussy sleepers Amazon Baby Shusher Sleep Miracle, available at Buy Buy Baby, Amazon, and Target, $34.99White-noise machines are useful gadgets to have around because they're helpful for getting a fussy baby to fall asleep. The Baby Susher plays a real human voice, and it's easy to use at home, in the car, etc.  A pacifier that won't keep falling to the ground Amazon/Business Insider Philips Avent Soothie Snuggle Pacifier Holder with Detachable Pacifier, available at Buy Buy Baby and Amazon, from $14.95This pacifier features a plush animal that can be detached to make cleaning both pieces fast and easy. You can choose from a variety of animals, including elephant, giraffe, monkey, and seal, that make it easy to find and comforting for babies to snuggle.  A swaddling blanket that transforms their baby into a burrito Uncommon Goods Tortilla Baby, available at Uncommon Goods, $48What's better than a delicious burrito? A swaddling blanket that looks like a burrito and helps baby sleep tight after a long day. Socks for tired feet Bombas Gift a Bombas Gift Box, from $35Bombas' comfortable gym socks feature a blister tab and cushioned footbeds that wrap feet in luxury. Busy, tired parents will appreciate comfortable socks. Also, Bombas also donates a pair to a homeless shelter for every pair purchased.  A jolt of caffeine after a sleepless night Swift Cup Agaro Free-Dried Coffee (6 cup box), available at Swift Cup Coffee, $15Instant coffee isn't what it used to be; it's actually good now, and that's excellent news. Tested by our experts, these six individual packets of freeze-dried Ethiopian coffee will give sleepy parents the quick jolt they're looking for, and all they have to do it add 10 ounces of hot or cold water and stir. A sleek bassinet that rocks crying babies to sleep Snoo Snoo Rental Gift Card, available at Happiest Baby, from $25There's nothing new parents will appreciate more than a little help with a baby who doesn't sleep well. Sensing when a baby is tense, the Snoo automatically rocks them to sleep with a gentle motion. There's also a built-in white noise machine and a swaddle to help calm fussy little ones. Parents can control the bassinet and monitor it via the app. And while the Snoo is expensive, the company has a rental program for a more affordable option. Bilingual board books for early learning Amazon/Business Insider Canticos Board Books, available at Amazon, from $5.99It's never too soon to start learning a second language. These books help by introducing important early words like numbers, shapes, and more in both English and Spanish. A mustache pacifier BuyBuyBaby/Inider Mustachifier, available on BuyBuyBaby, $9.99This pacifier will have everyone doing a double take to see if that baby really does have a hipster mustache. And don't overlook the value of peace and quiet that comes with it too. A meal kit delivery service so they can cook for themselves Blue Apron Blue Apron Subscription Gift Card, from $60Cooking can be an extra hassle for frazzled new parents, but a delivery service like this can make it a little easier to get a healthy, home-cooked meal. Blue Apron boxes come with preportioned ingredients and three easy-to-cook recipes. They'll get one week of meal kits for $60.Check out our guide to the best meal kit delivery services, which includes options for special diets. A gadget to make diaper changes easier Diapertainment/Business Insider Diapertainment, available at Amazon, $19.99Diaper changing is much easier when a squirming baby is occupied. This smartphone mount does helps hold a little one's attention with their favorite short videos so parents can get down to business. An interactive play mat Lovevery The Lovevery Play Gym, available at Lovevery, $140This activity gym has different learning zones and a range of accessories designed to engage a baby as they grow. Designed by childhood development experts, there are features here for infants as well as toddlers.*This product is currently backordered A pregnancy journal to track progress and memories Amazon/Business Insider "Expecting You: A Keepsake Pregnancy Journal," available at Amazon, $13.46Pregnancy is a journey, and this journal gives new parents the chance to track their memories and experiences. Whether they end up using it as a reference for subsequent children or just as a way to look back on a special time, this keepsake journal makes a timeless treasure for parents. A portable way to secure babies to their seats BuyBuyBaby Inglesina Fast Table Chair in Black, available at Buy Buy Baby, $79.99A popular choice for an easy-to-use high chair because of its convenience, the Inglesia Fast Table Chair can be used with any table up to 3.3 inches thick. And it can be used for children ranging in age from 6 months to 3 years. A 5-in-1 machine to help baby sleep Baby Dream Machine Baby Dream Machine, available at Baby Dream Machine, $119On top of smoothing "pink noise" sound that help infants relax, the Baby Dream Machine is also a cool-mist humidifier as well as an aromatherapy machine. It even provides red light and night light therapy with an adorable bear design that will great in the nursery.  The gift of getting some shut-eye Halo/Business Insider Halo Sleepsack Swaddle Wrap, available at Buy Buy Baby, $24.99Swaddling helps a baby feel more relaxed, and a more relaxed baby is a better sleeper. This transitioning swaddle features a unique design that allows a baby to be wrapped with their arms in or out, which is important for safety once they start rolling. An adjustable, washable pillow to ensure a good night's rest Lauren Savoie/Business Insider Coop Home Goods Premium Adjustable Loft Pillow, available at Amazon, $61.99Few things help exhausted parents fall asleep faster than a comfortable pillow. This customizable pillow is hypoallergenic and works well for all sleeping positions. Fun PJs' for any occasion Hanna Andersson Earth Day Baby Zip Sleeper, available at Hanna Andersson, $25.20Whether they're cozying up to watch a parents' favorite show or settling in for a special holiday, matching family pajama sets are a fun way for families to share an experience. Hanna Andersson makes a comfy set of pajamas featuring everything from holiday prints to dinosaurs to popular characters. A time-saving food hack parents can feel good about Cerebelly/Business Insider Cerebelly Pouches, available at Cerebelly, $2.89 eachWith organic vegetable-based recipes that babies will love, these handy little pouches are perfect in a meal-time pinch. They're self-stable, so they'll last long enough to be around when you need them. Created by a neurosurgeon, this go-anywhere babyfood is also loaded with nutrients that help with brain development.   A smart home device to act as an assistant Lisa Eadicicco/Business Insider Echo Dot 4th generation, available at Target, $34.99A smart speaker is the perfect nursery assistant. It can play gentle music to help lull babies to sleep or set timers for feeding times. They're also compatible with a long list of smart home devices, which makes it easy to turn off light or set the thermostat while parents are busy changing diapers. An Instant Pot for easy meals Instant Pot Instant Pot Duo 60, available at Amazon, $89Our favorite Instant Pot includes a number features and functions, from pressure cooking to sautéing. Parents can make delicious one-pot meals for themselves and the baby with just a few easy steps and a lot less cleanup. Something to soothe and protect baby's delicate skin Dove/Business Insider Baby Dove Derma Care Body Wash, available at Walmart, $8.86Baby Dove Eczema Care Cream, available at Rite Aid, $8.69Newborns have delicate skin that requires gentle, soothing products to keep them clean and their outer layer soft and hydrated. Developed alongside pediatric dermatologists, Dove's wash and cream are free of dyes, parabens, phthalates, steroids, and fragrances. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderOct 19th, 2021

37 thoughtful gifts that your aunt will actually use

She didn't tell when you spilled nail polish on the carpet in 7th grade, so it's time to treat your aunt to a special gift. Here are 37 ideas she'll love. When you buy through our links, Insider may earn an affiliate commission. Learn more. Otherland If you're looking for the perfect gift for your aunt, start with the 37 curated options below. You'll find everything from cooking classes with renown chefs to fresh coffee from across the globe. You can also find sentimental gift ideas here, and experiential gifts that won't break the bank here. Looking for more gift ideas? Check out all Insider Reviews gift guides here. Sign up for Insider Reviews' weekly newsletter for more buying advice and great deals. Whether she's your best friend, your parent's best friend, your mom figure, or the soon-to-be confidante of your own child, aunts are one of the strongest members of the "village" it takes to raise a kid. And, whenever the situation arises, she probably deserves a pretty great gift - be it year-round herbs she doesn't have to water, a cooking class from a renown chef, or access to a monthly book club. Below, you'll find 37 gifts she'll love to receive, and which you can feel good about giving:This list includes a Sponsored Product that has been suggested by 1-800-Flowers. It also meets our editorial criteria in terms of quality and value.* A chic tiled monogram coffee mug Anthropologie Tiled Margot Monogram Mug, available at Anthropologie, $14Every sip from this stylish mug will let her feel like she's been transported to a chic Parisian cafe. Inspired by French bistro tilework, this monogram mug is beautifully exquisite as it is personal for her. A soft silk sleep mask Nordstrom Pure Silk Sleep Mask, available at Nordstrom, $50Made with the finest silk, this soft sleep mask leaves her skin fresh and lets her slip into a blissful slumber. A waterproof ebook reader that's great for traveling Amazon Kindle Paperwhite 8GB, available at Amazon, $139.99For the aunt who's a bookworm, the Kindle paperwhite brings her an easier reading experience especially when traveling. The ultra-lightweight Kindle Paperwhite offers a waterproof feature, up to ten-week battery life, and a vast selection of books to leisurely enjoy whenever. A stylish throw blanket to help stay warm Brooklinen Striped Lambswool Throw Blanket, available at Brooklinen, $179.10This cozy striped throw blanket is a quintessential lounge accessory that won't clash with any decor thanks to its neutral hues. She'll appreciate the Brooklinen blanket's warmth and style every time she snuggles with it this winter season. A gift card for her favorite food or meal Goldbelly Goldbelly Gift Card, available at Goldbelly, from $25If she's craving hometown food or something new, Goldbelly has everything and more to feed her appetite. From deep-dish pizza to bagels, Goldbelly offers hundreds of options from restaurants, chefs, and food subscription boxes that ship nationwide. Monthly deliveries of fresh coffee from all over the world Atlas Coffee Club Subscription, available at Atlas Coffee Club, from three months at $46Atlas Coffee Club lets its members try freshly roasted, single origin coffee from all corners of the globe — from Peru to Papua New Guinea — for about $9 per bag. We're big fans of the service, and it's a great way to show your aunt that she can enjoy a sophisticated cup of coffee any time she wants for less than what she'd pay at the grocery store. A cheery bouquet 1-800-Flowers Fields of Europe Christmas Bouquet, available at 1-800-Flowers, from $42.99If you're looking for a last-minute gift that's still thoughtful, 1-800-Flowers is an excellent option. The flower delivery service not only creates gorgeous floral and plant arrangements, but a quick delivery turnaround can allow for a pre-Christmas arrival.*Sponsored by 1-800-Flowers A self-watering indoor garden Amazon Click and Grow, available at Amazon, $99.95The Click and Grow is a smart indoor garden that grows fresh herbs for your aunt year-round, with minimal intervention from her. This way, she'll always have access to fresh ingredients — be they basil, thyme, sage, parsley, cilantro, cherry tomatoes, rosemary, peppers, flowers, or even strawberries. A coffee table book of record covers Amazon/Business Insider "1000 Record Covers", available at Amazon, $18Record covers are a unique time capsule of our lives and the times themselves, and this coffee table book curates 1,000 that address such topics as love, life, death, fashion, and rebellion. A lottery card that wins money for charities LottoLove/Business Insider LottoLove Card, available at LottoLove, from $5When you scratch off a card from LottoLove, you won't win any money. Instead, you "win" a charitable prize that's donated to someone in need. There are four possible prizes, which help provide clean water, solar light, nutritious meals, or literacy tools. Each card costs just $4.95, but gives back in invaluable ways. To date, LottoLove and its charitable partners have impacted lives in over 60 countries. Beautiful candles Otherland Threesome Set, available at Otherland, $89Otherland makes some of the most highly giftable candles on the market, and you can build a personalized set of three here for $89. Candles are coconut and soy wax blends and come in beautiful glass vessels. Each candle burns for 55 hours — ample time for your aunt to enjoy the new scents in her home.  The best-selling memoir from Michelle Obama Amazon/Business Insider "Becoming" by Michelle Obama, available at Amazon, $11.89Michelle Obama's witty, candid memoir "Becoming" held the title of Amazon's number one best-selling book of 2019 solidly for most of the year, and it's also a New York Times best seller. If your aunt has any interest in learning more about the former First Lady, or you see some similarities between the two, she may love owning her own hard copy — and getting to share her favorite parts with you. Vibrant reusable straws Food52 Food52 Five Two Silicone Straws, $25Food52 makes deceptively chic silicone straws out of platinum-grade silicone that's BPA- and BPS-free. It won't pick up odors or tases, and they come with their own squeegees for speedy cleaning, plus a mini carrying case. A cult-favorite, skid-less yoga towel Manduka Yogitoes Yoga Mat towel, available at Amazon, REI, and Manduka, from $65Yogitoes is the go-to yoga mat towel for good reason. It's ultra absorbent, lightweight, and quick-drying. The patented Skidless Technology is basically just silicone nubs that grip the mat to stay in place — and this translates to a better practice. If she likes yoga, this is a particularly thoughtful and useful gift. Find a full review here. A multi-functional humidifier Amazon/Business Insider Urpower Aromatherapy Essential Oil Diffuser and Humidifier, available at Amazon, from $33.99Urpower, the company behind the tiny humidifier that nearly broke the internet, also makes a larger version. It's racked up over 9,500 five-star reviews and functions as an aromatherapy diffuser, humidifier, and optional low-key night light. An online class taught by a legend MasterClass Gift card, available at MasterClass, from $180MasterClass offers video lessons on a wide range of subjects led by experts in their respective fields. You can gift them one class, which they'll get lifetime access to, or give them a year of unlimited access to every course on the site. Some standout courses include cooking basics with Gordon Ramsey, comedy with Judd Apatow, space exploration with Chris Hadfield, and tennis with Serena Williams.  A stylish, well-designed weekender Lo & Sons Catalina Deluxe Tote, available at Lo & Sons, $123Lo & Son's Catalina Deluxe Tote has taken the internet by storm as one of its best — and most affordable — weekender bags. It's made from a sturdy, lightweight canvas and comes in seven different colors. Owners love the thoughtful design, which includes a separate compartment for shoes as well as a suitcase handle sleeve and key leash. A cult-favorite cleansing balm Target/Business Insider Aztec Secret Indian Healing Clay Mask, available at Target, $7.99Despite the name, this not-so-secret affordable beauty gem has been taking the internet, and the Insider Reviews team, by storm. We love it because of its visible healing and smoothing techniques, and we feel confident that your aunt would, too.  A monthly delivery of sheet masks Facetory/Instagram/Business Insider FaceTory: FOUR-ever FRESH, available at Amazon, from $11.90 per monthTreat her to a four-pack or seven-pack of facial masks every month. The types of masks range from basic cotton sheets to hydrogels — so she can explore a variety without ever getting bored. A framed memory Framebridge Framed Photo, available at Framebridge, from $39Gift Card, available at Framebridge, from $25Framebridge makes custom framing for not-custom-framing prices. You can print or paint something on your own and have it framed, or have them print and frame it, and you can take advantage of the team of designers for help deciding which frame to get. A lightweight, quick-drying waffle robe Snowe Honeycomb Bathrobe, available at Snowe, $100Snowe's big terry robe is my all-time favorite, but the company's lightweight, fast-drying Honeycomb version is equally wonderful and may be best for hotter weather. The soft construction is slightly oversized, and colorways are chic and easy. It's also Oeko-tex certified. A gentle glycolic Acid nighttime cream Maelove The Night Renewer, available at Maelove, $29.95Healthy and hydrated skin is essential at any age for a refreshed natural glow. Maelove's high-performance nighttime moisturizer cream improves skin texture with adequate hydration, clears dark spots, reduces wrinkles, and more. A monthly delivery of a new hardcover A Woman Is No Man Membership, available at Book of the Month, from three months for $49.99If she loves to read and isn't ready to go 100% digital, we can't recommend a Book of the Month membership highly enough. Each month's book selections are chosen by recurring and celebrity guest judges who curate and select the best new hardcover titles for members from a broad range of genres. A plug-in that adds voice-control to outlets Amazon Wemo Mini Smart Plug, available at P.C. Richard and So, $19.99These plug-ins will turn a "dumb" outlet into a smart outlet. Plug in the WeMo Mini Smart Plug, download the free app, and that's it — you control your lights and appliances from your phone anywhere and your voice through Alexa, Google Assistant, and Apple Home Kit. It only needs WiFi — no expensive hub. A stylish toiletry bag Dagne Dover Small Hunter Toiletry Bag, available at Dagne Dover, $40This toiletry bag is made out of a unique neoprene material and comes in a variety of pretty colors, from a bright poppy red to more muted tones like the mossy green seen above. Dagne Dover is also best-known for their thoughtful, next-level organization. Beauitufl pinch bowls Food52 Gold-Dipped Pinch Bowls, Set of 2, available at Food52, from $58These beautiful stoneware bowls are the ideal size for adding just a "pinch" of something to a recipe or holding snacks, jewelry, or even small candles around the house. Tickets to a Broadway experience The Ferryman/Business Insider TodayTix virtual experiences, available at TodayTixIf she's been missing theater while Broadway's shut down, TodayTix's virtual experiences are the next best thing. She'll appreciate the ability to remain in touch with one of her favorite interests while also remaining safe. A luscious house plant delivered to her door The Sill Gift the Snake Plant Laurentii, available at The Sill, $48Snake plants are some of the easiest plants to take care of. They prefer medium, indirect light and only need to be watered about every two weeks, but will instantly brighten her space. You may also opt to send some fresh flowers. Healthy foods that take 30 seconds to make Daily Harvest Gift Card, available at Daily Harvest, from $50Daily Harvest is a subscription service that sends healthy, pre-portioned superfood-packed smoothies, overnight oats, soups, and more to your home either weekly or monthly. The food combinations are developed by a nutritionist and chef, and the company is backed by big names like Gwyneth Paltrow and Serena Williams. We tried the service's smoothies and really enjoyed them. The best pair of socks she's ever tried Bombas/Facebook Women's Performance Tennis Ankle Sock 3-Pack, available at Bombas. $49.50They may just seem like a basic, everyday accessory, but socks are among the most underrated gifts you can give. Bombas spent two years perfecting their gym socks, and we think they got it right. With thoughtful innovations like a blister tab and cushioned foot beds, her feet will notice the difference. Bombas also donates a pair to a homeless shelter for every pair purchased. Amazon/Business Insider Kasa Smart Light Bulb, available at Amazon, $11.98A smart light bulb is a perfect gift to get someone who's been getting more curious about starting their own smart home or just loves the perfect ambiance. TP-Link's bulb connects to the internet and can be controlled through a smartphone app, or a smart speaker like the Amazon Echo or Google Home. A hair wrap that cuts drying time by 50% Amazon Lisse Luxe Chevron Weave Hair Turban, available at Nordstrom, $30Made with ultra-fine thread, this towel won't grab at hair cuticles like regular bath towels. It can also reduce drying time by up to 50%, which sounds hyperbolic until you've tried it yourself. This is the one I own and it works far, far better than I had dared to hope. A personalized photo calendar Artifact Uprising Personalized Photo Calendar, available at Artifact Uprising, from $22Artifact Uprising has a personalized photo calendar that adds a sweet touch to her desk either in the form of a brass easel ($49) or wood clipboard. The calendar is updated on a rolling 12-month basis, so you don't have to wait until January to create one. A cute set of mugs Uncommon Goods Personalized Family Mugs, available at Uncommon Goods, from $30Turn your aunt and her family and/or her nieces and nephews into cartoon characters on a cute set of mugs they'll keep for years to come. One side features the artists' depiction of them (personalized through your choices of skin tone, hair, and clothing color) and the mug owner's first name, while the other displays your family name and year established (optional).  A cleaner, more efficient multivitamin Ritual Essential for Women Multivitamin, available at Ritual, $30 a monthRitual is most known for its Essential for Women multivitamin, which fills in the gaps of women's diets and was inspired by founder Katerina Schneider's own experience of shopping for vitamins while she was pregnant. The startup makes taking vitamins a more intentional and enjoyable ritual. A ClassPass gift card so she can access tons of different boutique fitness classes ClassPass/Facebook Gift Card, choose your amount, available at ClassPassIf she's looking for an activity to commit to, ClassPass helps users try boutique fitness classes at studios in her area when it's safe to do, and it has a great selection of virtual classes in the meantime.  A cooking class with a renown chef Cozymeal/Instagram/Business Insider Buy a Cozymeal Gift Card, from $50Cozymeal lets your aunt sign up for high-end cooking classes (whether virtual or in-person once it's safe) to learn how to make everything from Italian pastas to vegan soul food. She'll select her preferred experience, pick a date, and show up to learn from one of the nation's top chefs — including a few who have worked in the world's best Michelin-starred restaurants. Classes can be held at the chef's location of choice or the gift recipient's home. You can read our full review of Cozymeal here. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderOct 5th, 2021

57 thoughtful gifts for mom sure to make her smile this holiday season - from a sweet tea set to a cozy robe

Here are 51 of the best gifts for mom under $50 that prove you don't have to spend a fortune to find thoughtful gifts for her. When you buy through our links, Insider may earn an affiliate commission. Learn more. Weezie There's always time to get a nice gift for mom whether it's a special occasion or to thank her. It's a great opportunity to show thanks for your mom or guardian with a thoughtful gesture. You don't have to spend a fortune - there are plenty of great gift ideas for mom under $50. See more mom gift ideas here. Whether it's a birthday or an impromptu gift, there's always time to get mom something nice. While nothing shows your appreciation for mom like year-round love and support, a gift that she'll love is always a thoughtful and appreciated gesture. And you don't have to spend a fortune either. Thankfully, most of the mom figures I know genuinely prefer something that says how much you love her, or how actively you thought about her needs, more than a high price tag. There are plenty of wonderful gift ideas for moms under $50 to be found - and 51 of them are listed for you below.Here are 51 of the best gifts for mom under $50 A sweet floral tea set for one Anthropologie Annie Tea-For-One-Set, available at Anthropologie, $38A sip from this adorable floral print teapot is as enjoyable as it is soothing. The stackable teapot lets you savor each taste for longer with the teapot included with a teacup. A cozy robe to keep warm Target Stars Above Cozy Plush Robe, available at Target, $30There's no better sleepwear to relax in than this plush, velvet robe for the breezy evenings or mornings. This cozy polyester robe brings extreme comfort and warmth whether you're layering or covering up. A personalized tea towel with a family recipe Etsy Gift the Handwritten Recipe Tea Towel, $24Take a favorite family recipe and turn it into the ultimate personalized gift thanks to Etsy. You can upload a photo of a recipe card with your order so the recipe is printed in the original handwriting of a loved one. A colorful scarf she can craft herself Free People Gift Free People We Gather Warm Kaleidoscope Dye Kit, $45If mom loves to craft, consider getting her this fun dye kit as her next project. The kit walks you through the basics of working with fiber reactive dyes and comes with a cotton scarf and three dyes so she can create her own tie-dye masterpiece. Plus, she can use the dyes again on future crafting endeavors. A cheerful vase Anthropologie Gift Anthropolgie's Lizzie Vase, $28These chic vases come in three beautiful colors and a variety of shapes. It looks great as a colorful decor item on its own, but to really up the ante you can always add some fresh blooms for mom too. A decadent treat for mom's sweet tooth Harry & David Gift Harry & David Artisan Macarons, $49.99This delivery sure to satisfy mom's sugar cravings comes with 12 macaron cookies, handcrafted from scratch. Flavors range from Espresso Coffee to Raspberry for a nice variety and express two-day shipping is including with this gift to ensure it gets to mom on time. A wine holder for an extra soothing bath Uncommon Goods Gift the Bathtime Essentials Wine Holder, $38This handy and smart wine holder suctions right onto the shower wall so mom can take a glass of wine into the bath with her for extra relaxation. It even comes with a plastic wine glass so mom doesn't have to worry about any potential broken glass and can get straight to unwinding. Super cozy slipper socks Bombas Gift the Bombas Gripper Slippers, $40Easy to slip on and wear around the house these super soft slipper socks feature a brushed lining and silicone grippers to prevent any sliding. Plus, Bombas donates a pair of socks for every pair bought so you can feel good about giving mom this gift and giving back at the same time. A heart-shaped succulent Urban Stems Gift Urban Stems The Cora Plant, $30Urban Stems makes sending fresh flowers and plants to mom a breeze if you won't be seeing her in person this year. This cute succulent is in the shape of a heart for an extra touch of love. A tasteful birthstone necklace BaubleBar Gift the BaubleBar Nascita Necklace, $25Pick out this delicate and elegant necklace in mom's birthstone or just opt for her favorite color. From ruby to aquamarine, the stone pops nicely against the 18k gold chain. Plus, it looks great on its own or stacked with other jewelry. An at-home spa kit Uncommon Goods Gift the Little Pampering Gift Set, $44Help mom unwind and have a pampering day from home with this gift set. It includes a lavender boil oil, soap, shower steamer, lip balm, and a scented candle. An all-in-one hairdryer and brush Amazon Revlon One-Step Hair Dryer, $41.99This all-in-one brush and hairdryer is one of our favorite products and makes it a breeze for mom to style her hair and easily create volume and soft curls. A lightweight yoga mat Manduka Gift a Manduka Eko Superlite Travel Yoga Mat, $45Manduka is known for making some of the best yoga products, and this five-star-rated mat is no exception. If she loves fitting a yoga class into her busy schedule, she'll appreciate this mat. Not only does it have a great grip and come in plenty of fun colors, but it's super light, so she can easily tote it around with her to class and back.  A box of unique Japanese snacks Bokksu Gift the Bokksu Classic Gift Box, from $39.95 per monthIf she loves to travel and experience new cultures through food, she'll love receiving a Bokksu Box. The classic gift box is filled with a selection of 20-25 unique Japanese snacks, sourced directly from artisan makers in Japan, so she can get a little more adventurous with her snacking.  A pure silk sleep mask Nordstrom Gift the Slip Pure Silk Sleep Mask, $42.50Give Mom a little bit of luxury with this silk sleep mask. Not only will it block out light and feel great on her skin, but it's made with Slip's proprietary Slipsilk which won't tug or leave creases on her skin.  A luxurious body moisturizer Necessaire Gift the Nécessaire Body Lotion, $25If body lotion doesn't sound that exciting to her, Nécessaire's version will probably change her mind. The formula is simple — clean ingredients, full of nourishing vitamins, and quick-absorbing. It's so good we've fought over it.  A "book of the month" membership she can look forward to every month Book of the Month Facebook Gift a Book of the Month Membership, from three months for $49.99If she loves to read and isn't ready to go 100% digital, we can't recommend a Book of the Month membership highly enough. Each month, she'll find a curated selection of the best new hardcover titles spanning a broad range of genres. The mix of both fiction and nonfiction titles is sure to impress even the pickiest bibliophiles.  A beautiful bouquet of farm-fresh flowers she can keep in the house The Bouqs Gift a bouquet from The Bouqs, from $36You can grab her a potted plant if she enjoys caring for them over time, but another great option is sending her a beautiful bouquet of flowers that she can enjoy for a few weeks with minimal effort and then throw out. If you want to get her something more lasting, you can pick up a vase ($10-$249), too.  A Himalayan salt block she can use for just about every use cooking Crate & Barrel Gift the Himalayan Salt Block, $34.95If your mom likes to cook (or, if someone else does the cooking and she just loves to eat good food), a Himalayan salt block may be a thoughtful gift. People love how they give meals enhanced flavor that can't be mimicked by a frying pan. Plus, the minerals in salt are supposed to give a more nuanced flavor than table salt, and the amount of saltiness will be regulated by the type of food (moist food absorbs more, fatty foods repel it).Himalayan salt has a very stable crystal structure, which allows it to hold a temperature very well. Mom can chill it to serve as a platter for sushi or heat it over the grill or stovetop to cook veggies.  A good-looking, efficient cold brew bottle Blue Bottle Coffee Gift the Blue Bottle Hario Cold Brew Bottle, $35Does mom love cold brew? Grab her this elegant glass cold brew bottle from the popular coffee startup Blue Bottle. It's slim enough to fit in the fridge without displacing anything else, and it looks much nicer than the plastic versions you'll find at a similar price point on Amazon.  A pro-level photo book Artifact Uprising Gift an Artifact Uprising Custom Softcover Photo Book, from $17These beautifully designed photo books look just like a personal magazine, curated by you for her — and full of 30 pages of your best and most cherished memories and people.  A scratch-off that benefits charities LottoLove/Facebook Give a card from LottoLove, from $5When you scratch off a card from LottoLove, you won't win any money. Instead, you "win" a charitable prize that's donated to someone in need. There are four possible prizes, which help provide clean water, solar light, nutritious meals, or literacy tools. Each card costs just $4.95, but gives back in invaluable ways. To date, LottoLove and its charitable partners have impacted lives in over 60 countries. A hidden gem $30 cast iron fry pan Victoria Gift Large Pre-Seasoned Cast Iron Skillet, $29.99The Victoria Cast Iron 12-Inch Skillet Fry Pan is the perfect skillet for cooking just about anything. It's well-designed, extremely affordable, and durable like you'd hope a cast iron pan would be. It has a long primary handle and a shorter secondary handle for steadying the pan as you carry or move it, and it has good depth and a wide surface perfect for searing steaks. The large pour spouts on either side make it easy to rid the pan of grease without any mess. It's also our top overall pick in our guide to the best-cast iron skillets.  Framed memories Framebridge Gift a Framebridge custom-framed art or photo gift, from $45Moms really do love looking at pictures of their kids. Why not make an impactful gift by framing a family memory or a great picture of the two of you? Plus, sites like Framebridge make it easier by letting you customize each step of the process online instead of grabbing a frame from the store and having to figure out how to correctly size and print something yourself. Framebridge will guide you through the process and let you know if the resolution is high enough to look good on mom's mantle.  A pair of beautiful earrings she can wear with anything Mejuri Gift a pair of Mejuri Midi Hoops, $50There's something satisfying about being able to afford to give your mom something delicate, luxurious, and special. Too often our moms put us first and themselves last, and something that isn't strictly "necessary" is a good way to make sure they feel pampered from time to time.Mejuri is an Insider Reviews favorite, and the Canadian company will likely be a new one of hers as well.  A coffee service that figures out what flavors she likes and gets smarter over time Driftaway Coffee Instagram Gift a Driftaway Coffee Set, from $44If mom likes coffee, she might love Driftaway. The Brooklyn-based startup is helping people figure out which flavor profiles of coffee they really love, and then uses that information to customize shipments of fresh coffee to them that their taste buds should really love.The first delivery will be a tasting kit to help determine what flavors she loves most. From there, the service will get smarter at catering to her preferences every time.  A silk pillowcase Celestial Silk Gift the Celestial Silk Pillowcase, from $38.99Silk pillowcases reduce frizz and damage to hair and make it look shiny and healthy. They also reduce the likelihood of forming new wrinkles and they won't absorb skincare products as easily as cotton pillowcases. This particular Celestial Silk pillowcase is one of the internet's hidden gems. It's $40 on Amazon and we rated it the best silk pillowcase you can buy in the Insider Reviews buying guide. Read a personal review here.  Dedicated makeup towels Weezie Gift the Weezie Makeup Towels, $40We've personally discovered Weezie's makeup towels are unexpectedly useful, and so will your giftee. These small, dark towels won't reveal unsightly makeup stains and they come in three cute embroidered styles. A popcorn maker and a movie night in with you Amazon Gift the West Bend Stir Crazy Popcorn Popper, $39.99Bring over a comfy throw blanket she can keep and turn on Netflix for a quality movie night with your lifelong best friend. It's no joke that quality time goes a long way for a gift, especially when it's for your mom. Board games and a fun night with the family that she doesn't have to plan Amazon Gift the Watch Ya' Mouth Family Edition, $15.99You may be too old to glue macaroni to a card and call it a present, but your mom still doesn't equate value with money.If you grab a couple of family-friendly board games and head to your parents' place for a night in with them and your siblings, that might be the most memorable gift you could give. Bring along some flowers, chocolate, wine, or one of the smaller gifts on this list as a token offering as well. Then, offer to do the dishes at the end of the night. An Echo Dot or Google Home Mini Amazon Gift the Amazon Echo Dot (3rd Generation), $24.99Gift the Google Home Mini, $24.99There's an ever-so-slight learning curve in figuring out what Amazon's Alexa can and can't do, but once that's passed, the Echo products can forecast the weather, read an audiobook, play music, order a pizza, tell Dad jokes, or any number of things Mom should find both helpful and fun. Be aware this isn't the newest model, but it still works great and comes at a lower price point. The Dot is also kind of the entry-level Echo product, which is perfect if your mom is just getting used to the technology. If your family is already ingrained in the Google ecosystem for tech, you might want to grab the Google Home Mini instead for the same price.  A subscription to try out new and well-loved beauty products without having to find or buy them herself Birchbox Gift a Birchbox 3-Month Subscription Gift Card, $45In general, subscriptions are some of the best gifts that you can give. A monthly treat can be a really nice thing to look forward to, especially when each delivery reminds you of your family. Every time an installment is delivered, your mom is reminded of how much you care.Birchbox is a particularly good one for mom. It combines monthly deliveries of small personalized beauty and skincare samples with an easy-to-use e-commerce shop. Birchbox will send an assortment of highly-rated or brand-new items for her to test every month instead of having to go in blind to Sephora and buy full-sized versions. If she really loves something, she can buy herself a bigger size on Birchbox or elsewhere easily.You can gift a woman's subscription gift card for 3 months for $45, 6 months for $84, or a full 12 months for $156. The best reading subscription online Scribd Gift a Scribd membership, $9.99/monthEnjoy unlimited access to hundreds of thousands of books, audiobooks, and magazines for less than $10 a month with Scribd (or $12.99 per month for access to Scribd and the New York Times). If she wasn't a bibliophile already, Scribd will make her one. I've been a subscriber for years and I think it's hands-down the best deal for online reading.  A new lipstick from a natural makeup company that she'll love RMS Beauty Gift the RMS Beauty Lipstick, $28One barrier to smarter, healthier makeup is figuring out which of those natural brands out there actually do the job. One great and thoughtful gift for mom could be introducing her to a brand that actually works, and one which requires no research or risk.RMS Beauty is a fan-favorite for its lipsticks on their own merit, with the clean ingredients as a huge plus.  Childlike cereal for adults Magic Spoon Gift all four Magic Spoon flavors, $39Gift a Magic Spoon subscription, $29.25 per monthMagic Spoon is a new "childlike cereal for adults" that's high in protein and low in sugar — and all four flavors are delicious. If you want to treat your mom without incurring any dentist-related concerns, Magic Spoon may be a fun way to introduce her to a new brand.  A stylish toiletry bag Dagne Dover Gift the Dagne Dover Small Hunter Toiletry Bag, $40Self-care should make us feel good, from beginning to end. A nice toiletry bag with ample smart organization is one way to make sure that 'beginning' and 'end' are clutter-free and beautiful. This bag is made out of a really cool neoprene material and comes in a variety of pretty colors, from a bright poppy red to more muted tones like the mossy green seen above. Dagne Dover is also best-known for its thoughtful, next-level organization. A cleaner, more efficient multivitamin Ritual Gift the Essential for Women Multivitamin, $30 per monthRitual is most known for its Essential for Women multivitamin, which fills in the gaps of women's diets and was inspired by founder Katerina Schneider's own experience of shopping for vitamins while she was pregnant. Earlier this year, it dug deeper into its original prenatal health roots with the launch of its second product, a prenatal vitamin. Regardless of where women are in their life, Ritual works to build health with cleaner, more efficient vitamins. Wireless charging pads Amazon Gift the Belkin Boost Up Wireless Charging Pad for iPhone, $37.89Gift the Belkin Boost Up Wireless Charging Pad for Android, $55.60We tested the Belkin BoostUp charger with several iPhones and Android phones, and it worked perfectly — which is why we ranked it the best wireless charger that you can buy. It looks great, has excellent traction so your phone won't slide off while charging, and it juices up any phone quickly.Wireless charging is traditionally slower than wired charging, but the Boost Up pad with 15 watts of power should charge your devices faster — so long as they support fast wireless charging. A Daily Harvest gift card for healthy smoothies and soups that take 30 seconds to make Daily Harvest Gift a Daily Harvest Gift Card, from $50Help your mom start off 2020 on a healthier note with Daily Harvest, a subscription service that sends healthy, pre-portioned superfood-packed smoothies, overnight oats, soups, and more to your home either weekly or monthly. The food combinations are developed by a nutritionist and chef, and the company is backed by big names like Gwyneth Paltrow and Serena Williams. We tried the service's smoothies and really enjoyed them. A next-gen hair wrap that uses threads finer than silk to dry wet hair faster and without friction damage Nordstrom Gift the Aquis Chevron Weave Hair Turban, $25.50These Aquis hair towels have become extremely popular in the last few years. They're designed with AQUITEX technology that uses ultra-fine fibers that are split into strands thinner than silk, so this towel won't grab at hair cuticles like regular bath towels that break and damage wet hair — which is when it's most vulnerable. It also claims to reduce drying time by up to 50%, which sounds hyperbolic until you've tried it yourself. This is the one I own and it works far, far better than I had even dared to hope.  A cute tea infuser Amazon Gift the Fred & Friends Brew Bunny Tea Infuser, $9.17Let mom take a cue from this reclining bunny and spend some time relaxing, sipping her favorite kind of loose tea (which you could pick up as an accompanying gift).  A streaming media player Roku Gift the Roku Express HD Streaming Media Player, $29.99Roku's media streamers are the best in the business, and the Express is a good entry-level system that comes at an affordable price. Your giftee can stream TV shows and movies from all their favorite streaming platforms, including Netflix, Hulu, Amazon Prime Video, and many more. If you're able to spend a bit more, the Roku Ultra is our top pick overall. A beautiful hand-poured candle Brooklinen Gift a Brooklinen Wake Scented Candle, $31.50Bring the fresh scents of a salty sea tide, kelp, and driftwood into mom's house with this chic, hand-poured candle from the ever-popular home startup, Brooklinen.  A reusable smart notebook Amazon Gift the Rocketbook Reusable Smart Notebook, $24.48Handwritten notes can help keep her organized and manage a seemingly endless to-do list. It's a $25 notebook, but surprisingly handy. It sends notes to the cloud so she can access them from her devices later, and wipes clean with a damp cloth. A rose-scented roll-on perfume she can carry with her and reapply when she's on the go Kai Instagram Gift the Kai Rose Perfume Oil, $45Kai's rose perfume oil features a blend of gardenia wrapped in white exotics, layered with rose absolute, and comes in a small, easy-to-use roll-on vial. The rose scent packs an extra punch while remaining subtle and not overwhelming. We're big fans of the beauty brand, and we have a feeling your mom will like it, too.  A custom quote print Minted Gift a personalized quote print, from $38Spotlight a quote from her favorite film, book, or song, or even quote mom herself. There are many font colors, sizes, and frames to choose from. A personal-styling service Stitch Fix Gift a Stitch Fix gift card, from $20Shopping isn't everyone's favorite activity — or, if it is, not all of us have the time for a trip to the mall. That's where the stylists at Stitch Fix come in. A great gift for busy moms, the service delivers the newest trends and styles to fit any occasion and price point.  An REI membership REI Gift an REI Co-op Membership, $20An REI membership offers a lifetime of benefits for a one-time purchase. That includes 10%-back dividends, special offers, access to in-store REI Garage sales, and special pricing on REI classes and events. Find out more here.  A passport cover that will age well Leatherology Gift a Leatherology Standard Passport Cover, $50Grab mom a beautiful leather passport cover that will age well and make traveling abroad easier. This one comes in 17 different colors, too. Leatherology is one of our go-to gifting shops, since the leather is high-quality, surprisingly affordable, and comes in beautiful gift-ready boxes. For a personal touch, monogram it for $10. A stainless steel mug that will keep her coffee hot for hours on end Hydro Flask Gift the Hydro Flask Mug, $24.95This mug is a common desk companion for the Insider Picks team. The 12-ounce coffee mug has the company's proprietary TempShield insulation that made its water bottles famous among outdoorsmen and the average person alike. This mug will keep hot drinks hot for up to six hours, and cold drinks cold up to 24 hours. Read a full review of it here. A mini Jo Malone set Sephora Gift the Jo Malone London Mini Luxuries Set, $50Pamper mom with this starter set from Jo Malone that includes a Wood Sage and Sea Salt Cologne for a fresh new fragrance, The Peony and Blush Suede Body Crème, and a delicious English Pear and Freesia Miniature Candle. Read the original article on Business Insider.....»»

Category: dealsSource: nytOct 4th, 2021

Phipps Houses Closes on 2nd Phase of redevelopment

Phipps Houses, New York City’s oldest and largest nonprofit developer of affordable housing, has closed on $188 million in construction financing for the second phase of Lambert Houses, a landmark $600 million redevelopment project in the Bronx’s West Farms neighborhood. The ongoing project will entirely rebuild the outdated 1970s complex... The post Phipps Houses Closes on 2nd Phase of redevelopment appeared first on Real Estate Weekly. Phipps Houses, New York City’s oldest and largest nonprofit developer of affordable housing, has closed on $188 million in construction financing for the second phase of Lambert Houses, a landmark $600 million redevelopment project in the Bronx’s West Farms neighborhood. The ongoing project will entirely rebuild the outdated 1970s complex over roughly 15 years, eventually bringing its number of permanently affordable homes to approximately 1,665 — more than double its original number. All Lambert Houses tenants will be offered apartments in the new development. Phipps Houses opened the first phase, a 163-unit apartment building, to residents in August 2019.  The second phase comprises a 16-story building at 2080 Boston Road, with construction financing provided by the New York City Department of Housing Preservation and Development, the New York City Housing Development Corporation’s ELLA Program, along with Citi and the Urban Investment Group within Goldman Sachs Asset Management (“Goldman Sachs”). Designed by Dattner Architects, 2080 Boston Road will include 279 affordable units available for existing Lambert tenants with 42 units homeless households. Construction is expected to begin in January with an expected completion in mid-2024. Phipps Houses has relocated all residents of the now-demolished buildings at 2080 Boston Road in anticipation of the construction of the new building.  “The redevelopment of the Lambert Houses complex is a once in a lifetime opportunity to correct the flaws of the Urban Renewal Era and create better community connections and services for our residents,” said Adam Weinstein, President and CEO of Phipps Houses. “We hope this project will be a model for other large-scale housing providers to see that when you have available land, you can transform a development to a higher aspiration: to produce even more affordable housing and to better serve the residents of the complex.” “The redevelopment of the Lambert Houses is a monumental project that aligns with my priorities of keeping The Bronx affordable for our current residents,” said Bronx Borough President Vanessa Gibson. “With the closing of the second phase of this project, including 279 affordable units for existing Lambert tenants and 42 units for recently homeless individuals, some of our most vulnerable Bronxites as well as our longtime residents will have a new and affordable place to call home, with state-of-the-art amenities. This project is a great addition to the West Farms section of The Bronx and I want to thank Phipps Houses, HPD and HDC who helped make it possible.” “The redevelopment of Lambert Houses exemplifies the City’s commitment to both create and preserve quality affordable housing. Existing residents have the peace of mind that they can remain in an affordable home that is now safer, upgraded, and more energy efficient, while hundreds of additional opportunities open up for New Yorkers looking for an affordable home” said HPD Commissioner Louise Carroll. “I want to commend our partners at Phipps Houses for taking on this ambitious project to significantly improve conditions for existing residents and increase housing opportunities for low-income New Yorkers.” “The expansive redevelopment of Lambert Houses will ultimately bring more than 1,600 permanently affordable homes, along with improved security features, a host of amenities, and community facility space to the Bronx,” said HDC President Eric Enderlin. “Congratulations to all our partners on the closing of the most recent phase of this ambitious effort which will help to revitalize the West Farms community, while ensuring our city remains affordable.” “The Lambert Houses project is a great example of how the public and private sectors can collaborate with communities to drive transformational impact in their neighborhoods,” said Michael Lohr, Managing Director at Goldman Sachs Asset Management. “We are proud to partner with Phipps, HPD and HPC to increase the quantity and quality of affordable housing in the City and usher in a new era for the Lambert Houses and the West Farms neighborhood.”  “Citi Community Capital is excited to be a part of the team that is financing the second phase of the redevelopment of Lambert Houses, a unique opportunity to correct well meaning, but flawed projects built in an earlier era,” said Richard Gerwitz, Managing Director of Citi Community Capital. “Phipps Houses has put together a thoughtful redevelopment plan and assembled a financing and development team that will serve this community for years to come.”  The original Lambert Houses complex had a host of increasingly problematic issues, including outdated structural and mechanical systems, poorly designed open space within a superblock layout, and security issues created by a maze-like series of buildings, many interconnected by narrow hallways, with 14 separate addresses. Of the complex’s eventual 1,665 apartments, 728 will serve households that qualify for Section 8, including the current tenants of Lambert Houses. The remaining units will be affordable to households at different levels of Area Median Income. Phipps Houses’ new layout for Lambert was designed to re-integrate the buildings with the streetscape and neighborhood. 2080 Boston Road will offer a range of studios, one, two, three and four-bedroom units with a standalone garage and storage building. Tenants will have access to a landscaped courtyard with a children’s play yard, bike room, exercise room, laundry rooms and a lobby concierge. The new buildings will also feature updated mechanical systems and energy efficiency standards along with a dramatically improved security system.  Lambert Houses is adjacent to the Bronx Zoo and the West Farms Square-East Tremont Avenue 2/5 subway station. The Lambert Houses redevelopment plan was approved through the City’s Uniform Land Use Review Procedure in 2016. The post Phipps Houses Closes on 2nd Phase of redevelopment appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyJan 13th, 2022

Check out 30 pitch decks from fintechs disrupting trading, banking, and lending that helped them raise millions

Looking for examples of real fintech pitch decks? Check out pitch decks that Qolo, Lance, and other startups used to raise money from VCs. Check out these pitch decks for examples of fintech founders sold their vision.Yulia Reznikov/Getty Images Insider has been tracking the next wave of hot new startups that are blending finance and tech.  Check out these pitch decks to see how fintech founders sold their vision. See more stories on Insider's business page. Fintech VC  funding hit a fresh quarterly record of $22.8 billion in the first three months of 2021, according to CB Insights data. While mega-rounds helped propel overall funding, new cash was spread across 614 deals. Insider has been tracking the next wave of hot new startups that are blending finance and tech. Check out these pitch decks to see how fintech founders are selling their vision and nabbing big bucks in the process. You'll see new financial tech geared at freelancers, fresh twists on digital banking, and innovation aimed at streamlining customer onboarding. A trading app for activismAntoine Argouges, CEO and founder of Tulipshare.TulipshareAn up-and-coming fintech is taking aim at some of the world's largest corporations by empowering retail investors to push for social and environmental change by pooling their shareholder rights.London-based Tulipshare lets individuals in the UK invest as little as one pound in publicly-traded company stocks. The upstart combines individuals' shareholder rights with other like-minded investors to advocate for environmental, social, and corporate governance change at firms like JPMorgan, Apple, and Amazon.The goal is to achieve a higher number of shares to maximize the number of votes that can be submitted at shareholder meetings. Already a regulated broker-dealer in the UK, Tulipshare recently applied for registration as a broker-dealer in the US. "If you ask your friends and family if they've ever voted on shareholder resolutions, the answer will probably be close to zero," CEO and founder Antoine Argouges told Insider. "I started Tulipshare to utilize shareholder rights to bring about positive corporate change that has an impact on people's lives and our planet — what's more powerful than money to change the system we live in?"Check out the 14-page pitch deck from Tulipshare, a trading app that lets users pool their shareholder votes for activism campaignsThe back-end tech for beautyDanielle Cohen-Shohet, CEO and founder of GlossGeniusGlossGeniusDanielle Cohen-Shohet might have started as a Goldman Sachs investment analyst, but at her core she was always a coder.After about three years at Goldman Sachs, Cohen-Shohet left the world of traditional finance to code her way into starting her own company in 2016. "There was a period of time where I did nothing, but eat, sleep, and code for a few weeks," Cohen-Shohet told Insider. Her technical edge and knowledge of the point-of-sale payment space led her to launch a software company focused on providing behind-the-scenes tech for beauty and wellness small businesses.Cohen-Shohet launched GlossGenius in 2017 to provide payments tech for hair stylists, nail technicians, blow-out bars, and other small businesses in the space.Here's the 11-page deck GlossGenius, a startup that provides back-end tech for the beauty industry, used to raise $16 millionPrivate market data on the blockchainPat O'Meara, CEO of Inveniam.InveniamFor investors in publicly-traded stocks, there's typically no shortage of company data to guide investment decisions. Company financials are easily accessible and vetted by teams of regulators, lawyers, and accountants.But in the private markets — which encompass assets that range from real estate to private credit and private equity — that isn't always the case. Within real estate, for example, valuations of a specific slice of property are often the product of heavily-worked Excel models and a lot of institutional knowledge, leaving them susceptible to manual error at many points along the way.Inveniam, founded in 2017, is a software company that tokenizes the business data of private companies on the blockchain. Using a distributed ledger allows Inveniam to keep track of who is touching the data and what they are doing to it. Check out the 16-page pitch deck for Inveniam, a blockchain-based startup looking to be the Refinitiv of private-market dataHelping freelancers with their taxesJaideep Singh is the CEO and co-founder of FlyFin, an AI-driven tax preparation software program for freelancers.FlyFinSome people, particularly those with families or freelancing businesses, spend days searching for receipts for tax season, making tax preparation a time consuming and, at times, taxing experience. That's why in 2020 Jaideep Singh founded FlyFin, an artificial-intelligence tax preparation program for freelancers that helps people, as he puts it, "fly through their finances." FlyFin is set up to connect to a person's bank accounts, allowing the AI program to help users monitor for certain expenses that can be claimed on their taxes like business expenditures, the interest on mortgages, property taxes, or whatever else that might apply. "For most individuals, people have expenses distributed over multiple financial institutions. So we built an AI platform that is able to look at expenses, understand the individual, understand your profession, understand the freelance population at large, and start the categorization," Singh told Insider.Check out the 7-page pitch deck a startup helping freelancers manage their taxes used to nab $8 million in funding Shopify for embedded financeProductfy CEO and founder, Duy Vo.ProductfyProductfy is looking to break into embedded finance by becoming the Shopify of back-end banking services.Embedded finance — integrating banking services in non-financial settings — has taken hold in the e-commerce world. But Productfy is going after a different kind of customer in churches, universities, and nonprofits.The San Jose, Calif.-based upstart aims to help non-finance companies offer their own banking products. Productfy can help customers launch finance features in as little as a week and without additional engineering resources or background knowledge of banking compliance or legal requirements, Productfy founder and CEO Duy Vo told Insider. "You don't need an engineer to stand up Shopify, right? You can be someone who's just creating art and you can use Shopify to build your own online store," Vo said, adding that Productfy is looking to take that user experience and replicate it for banking services.Here's the 15-page pitch deck Productfy, a fintech looking to be the Shopify of embedded finance, used to nab a $16 million Series AReal-estate management made easyAgora founders Noam Kahan, CTO, Bar Mor, CEO, and Lior Dolinski, CPO.AgoraFor alternative asset managers of any type, the operations underpinning sales and investor communications are a crucial but often overlooked part of the business. Fund managers love to make bets on markets, not coordinate hundreds of wire transfers to clients each quarter or organize customer-relationship-management databases.Within the $10.6 trillion global market for professionally managed real-estate investing, that's where Tel Aviv and New York-based startup Agora hopes to make its mark.Founded in 2019, Agora offers a set of back-office, investor relations, and sales software tools that real-estate investment managers can plug into their workflows. On Wednesday, Agora announced a $9 million seed round, led by Israel-based venture firm Aleph, with participation from River Park Ventures and Maccabee Ventures. The funding comes on the heels of an October 2020 pre-seed fund raise worth $890,000, in which Maccabee also participated.Here's the 15-slide pitch deck that Agora, a startup helping real-estate investors manage communications and sales with their clients, used to raise a $9 million seed roundCheckout made easyBolt's Ryan Breslow.Ryan BreslowAmazon has long dominated e-commerce with its one-click checkout flows, offering easier ways for consumers to shop online than its small-business competitors.Bolt gives small merchants tools to offer the same easy checkouts so they can compete with the likes of Amazon.The startup raised its $393 million Series D to continue adding its one-click checkout feature to merchants' own websites in October.Bolt markets to merchants themselves. But a big part of Bolt's pitch is its growing network of consumers — currently over 5.6 million — that use its features across multiple Bolt merchant customers. Roughly 5% of Bolt's transactions were network-driven in May, meaning users that signed up for a Bolt account on another retailer's website used it elsewhere. The network effects were even more pronounced in verticals like furniture, where 49% of transactions were driven by the Bolt network."The network effect is now unleashed with Bolt in full fury, and that triggered the raise," Bolt's founder and CEO Ryan Breslow told Insider.Here's the 12-page deck that one-click checkout Bolt used to outline its network of 5.6 million consumers and raise its Series DHelping small banks lendCollateralEdge's Joel Radtke, cofounder, COO, and president, and Joe Beard, cofounder and CEO.CollateralEdgeFor large corporations with a track record of tapping the credit markets, taking out debt is a well-structured and clear process handled by the nation's biggest investment banks and teams of accountants. But smaller, middle-market companies — typically those with annual revenues ranging up to $1 billion — are typically served by regional and community banks that don't always have the capacity to adequately measure the risk of loans or price them competitively. Per the National Center for the Middle Market, 200,000 companies fall into this range, accounting for roughly 33% of US private sector GDP and employment.Dallas-based fintech CollateralEdge works with these banks — typically those with between $1 billion and $50 billion in assets — to help analyze and price slices of commercial and industrial loans that previously might have gone unserved by smaller lenders.On October 20th, CollateralEdge announced a $3.5 million seed round led by Dallas venture fund Perot Jain with participation from Kneeland Youngblood (a founder of the healthcare-focused private-equity firm Pharos Capital) and other individual investors.Here's the 10-page deck CollateralEdge, a fintech streamlining how small banks lend to businesses, used to raise a $3.5 million seed round Quantum computing made easyQC Ware CEO Matt Johnson.QC WareEven though banks and hedge funds are still several years out from adding quantum computing to their tech arsenals, that hasn't stopped Wall Street giants from investing time and money into the emerging technology class. And momentum for QC Ware, a startup looking to cut the time and resources it takes to use quantum computing, is accelerating. The fintech secured a $25 million Series B on September 29 co-led by Koch Disruptive Technologies and Covestro with participation from D.E. Shaw, Citi, and Samsung Ventures.QC Ware, founded in 2014, builds quantum algorithms for the likes of Goldman Sachs (which led the fintech's Series A), Airbus, and BMW Group. The algorithms, which are effectively code bases that include quantum processing elements, can run on any of the four main public-cloud providers.Quantum computing allows companies to do complex calculations faster than traditional computers by using a form of physics that runs on quantum bits as opposed to the traditional 1s and 0s that computers use. This is especially helpful in banking for risk analytics or algorithmic trading, where executing calculations milliseconds faster than the competition can give firms a leg up. Here's the 20-page deck QC Ware, a fintech making quantum computing more accessible, used to raised its $25 million Series BSimplifying quant modelsKirat Singh and Mark Higgins, Beacon's cofounders.BeaconA fintech that helps financial institutions use quantitative models to streamline their businesses and improve risk management is catching the attention, and capital, of some of the country's biggest investment managers.Beacon Platform, founded in 2014, is a fintech that builds applications and tools to help banks, asset managers, and trading firms quickly integrate quantitative models that can help with analyzing risk, ensuring compliance, and improving operational efficiency. The company raised its Series C on Wednesday, scoring a $56 million investment led by Warburg Pincus with support from Blackstone Innovations Investments, PIMCO, and Global Atlantic. Blackstone, PIMCO, and Global Atlantic are also users of Beacon's tech, as are the Commonwealth Bank of Australia and Shell New Energies, a division of Royal Dutch Shell, among others.The fintech provides a shortcut for firms looking to use quantitative modelling and data science across various aspects of their businesses, a process that can often take considerable resources if done solo.Here's the 20-page pitch deck Beacon, a fintech helping Wall Street better analyze risk and data, used to raise $56 million from Warburg Pincus, Blackstone, and PIMCOInvoice financing for SMBsStacey Abrams and Lara Hodgson, Now cofounders.NowAbout a decade ago, politician Stacey Abrams and entrepreneur Lara Hodgson were forced to fold their startup because of a kink in the supply chain — but not in the traditional sense.Nourish, which made spill-proof bottled water for children, had grown quickly from selling to small retailers to national ones. And while that may sound like a feather in the small business' cap, there was a hang-up."It was taking longer and longer to get paid, and as you can imagine, you deliver the product and then you wait and you wait, but meanwhile you have to pay your employees and you have to pay your vendors," Hodgson told Insider. "Waiting to get paid was constraining our ability to grow."While it's not unusual for small businesses to grapple with working capital issues, the dust was still settling from the Great Recession. Abrams and Hodgson couldn't secure a line of credit or use financing tools like factoring to solve their problem. The two entrepreneurs were forced to close Nourish in 2012, but along the way they recognized a disconnect in the system.  "Why are we the ones borrowing money, when in fact we're the lender here because every time you send an invoice to a customer, you've essentially extended a free loan to that customer by letting them pay later," Hodgson said. "And the only reason why we were going to need to possibly borrow money was because we had just given ours away for free to Whole Foods," she added.Check out the 7-page deck that Now, Stacey Abrams' fintech that wants to help small businesses 'grow fearlessly', used to raise $29 millionInsurance goes digitalJamie Hale, CEO and cofounder of Ladder.LadderFintechs looking to transform how insurance policies are underwritten, issued, and experienced by customers have grown as new technology driven by digital trends and artificial intelligence shape the market. And while verticals like auto, homeowner's, and renter's insurance have seen their fair share of innovation from forward-thinking fintechs, one company has taken on the massive life-insurance market. Founded in 2017, Ladder uses a tech-driven approach to offer life insurance with a digital, end-to-end service that it says is more flexible, faster, and cost-effective than incumbent players.Life, annuity, and accident and health insurance within the US comprise a big chunk of the broader market. In 2020, premiums written on those policies totaled some $767 billion, compared to $144 billion for auto policies and $97 billion for homeowner's insurance.Here's the 12-page deck that Ladder, a startup disrupting the 'crown jewel' of the insurance market, used to nab $100 millionEmbedded payments for SMBsThe Highnote team.HighnoteBranded cards have long been a way for merchants with the appropriate bank relationships to create additional revenue and build customer loyalty. The rise of embedded payments, or the ability to shop and pay in a seamless experience within a single app, has broadened the number of companies looking to launch branded cards.Highnote is a startup that helps small to mid-sized merchants roll out their own debit and pre-paid digital cards. The fintech emerged from stealth on Tuesday to announce it raised $54 million in seed and Series A funding.Here's the 12-page deck Highnote, a startup helping SMBs embed payments, used to raise $54 million in seed and Series A fundingAn alternative auto lenderDaniel Chu, CEO and founder of Tricolor.TricolorAn alternative auto lender that caters to thin- and no-credit Hispanic borrowers is planning a national expansion after scoring a $90 million investment from BlackRock-managed funds. Tricolor is a Dallas-based auto lender that is a community development financial institution. It uses a proprietary artificial-intelligence engine that decisions each customer based on more than 100 data points, such as proof of income. Half of Tricolor's customers have a FICO score, and less than 12% have scores above 650, yet the average customer has lived in the US for 15 years, according to the deck.A 2017 survey by the Federal Deposit Insurance Corporation found 31.5% of Hispanic households had no mainstream credit compared to 14.4% of white households. "For decades, the deck has been stacked against low income or credit invisible Hispanics in the United States when it comes to the purchase and financing of a used vehicle," Daniel Chu, founder and CEO of Tricolor, said in a statement announcing the raise.An auto lender that caters to underbanked Hispanics used this 25-page deck to raise $90 million from BlackRock investorsA new way to access credit The TomoCredit team.TomoCreditKristy Kim knows first-hand the challenge of obtaining credit in the US without an established credit history. Kim, who came to the US from South Korea, couldn't initially get access to credit despite having a job in investment banking after graduating college. "I was in my early twenties, I had a good income, my job was in investment banking but I could not get approved for anything," Kim told Insider. "Many young professionals like me, we deserve an opportunity to be considered but just because we didn't have a Fico, we weren't given a chance to even apply," she added.Kim started TomoCredit in 2018 to help others like herself gain access to consumer credit. TomoCredit spent three years building an internal algorithm to underwrite customers based on cash flow, rather than a credit score.TomoCredit, a fintech that lends to thin- and no-credit borrowers, used this 17-page pitch deck to raise its $10 million Series AAn IRA for alternativesHenry Yoshida is the co-founder and CEO of retirement fintech startup Rocket Dollar.Rocket DollarFintech startup Rocket Dollar, which helps users invest their individual retirement account (IRA) dollars into alternative assets, just raised $8 million for its Series A round, the company announced on Thursday.Park West Asset Management led the round, with participation from investors including Hyphen Capital, which focuses on backing Asian American entrepreneurs, and crypto exchange Kraken's venture arm. Co-founded in 2018 by CEO Henry Yoshida, CTO Rick Dude, and VP of marketing Thomas Young, Rocket Dollar now has over $350 million in assets under management on its platform. Yoshida sold his first startup, a roboadvisor called Honest Dollar, to Goldman Sachs' investment management division for an estimated $20 million.Yoshida told Insider that while ultra-high net worth investors have been investing self-directed retirement account dollars into alternative assets like real estate, private equity, and cryptocurrency, average investors have not historically been able to access the same opportunities to invest IRA dollars in alternative assets through traditional platforms.Here's the 34-page pitch deck a fintech that helps users invest their retirement savings in crypto and real estate assets used to nab $8 millionConnecting startups and investorsHum Capital cofounder and CEO Blair Silverberg.Hum CapitalBlair Silverberg is no stranger to fundraising.For six years, Silverberg was a venture capitalist at Draper Fisher Jurvetson and Private Credit Investments making bets on startups."I was meeting with thousands of founders in person each year, watching them one at a time go through this friction where they're meeting a ton of investors, and the investors are all asking the same questions," Silverberg told Insider. He switched gears about three years ago, moving to the opposite side of the metaphorical table, to start Hum Capital, which uses artificial intelligence to match investors with startups looking to fundraise.On August 31, the New York-based fintech announced its $9 million Series A. The round was led by Future Ventures with participation from Webb Investment Network, Wavemaker Partners, and Partech. This 11-page pitch deck helped Hum Capital, a fintech using AI to match investors with startups, raise a $9 million Series A.Payments infrastructure for fintechsQolo CEO and co-founder Patricia Montesi.QoloThree years ago, Patricia Montesi realized there was a disconnect in the payments world. "A lot of new economy companies or fintech companies were looking to mesh up a lot of payment modalities that they weren't able to," Montesi, CEO and co-founder of Qolo, told Insider.Integrating various payment capabilities often meant tapping several different providers that had specializations in one product or service, she added, like debit card issuance or cross-border payments. "The way people were getting around that was that they were creating this spider web of fintech," she said, adding that "at the end of it all, they had this mess of suppliers and integrations and bank accounts."The 20-year payments veteran rounded up a group of three other co-founders — who together had more than a century of combined industry experience — to start Qolo, a business-to-business fintech that sought out to bundle back-end payment rails for other fintechs.Here's the 11-slide pitch deck a startup that provides payments infrastructure for other fintechs used to raise a $15 million Series ASoftware for managing freelancersWorksome cofounder and CEO Morten Petersen.WorksomeThe way people work has fundamentally changed over the past year, with more flexibility and many workers opting to freelance to maintain their work-from-home lifestyles.But managing a freelance or contractor workforce is often an administrative headache for employers. Worksome is a startup looking to eliminate all the extra work required for employers to adapt to more flexible working norms.Worksome started as a freelancer marketplace automating the process of matching qualified workers with the right jobs. But the team ultimately pivoted to a full suite of workforce management software, automating administrative burdens required to hire, pay, and account for contract workers.In May, Worksome closed a $13 million Series A backed by European angel investor Tommy Ahlers and Danish firm Lind & Risør.Here's the 21-slide pitch deck used by a startup that helps firms like Carlsberg and Deloitte manage freelancersPersonal finance is only a text awayYinon Ravid, the chief executive and cofounder of Albert.AlbertThe COVID-19 pandemic has underscored the growing preference of mobile banking as customers get comfortable managing their finances online.The financial app Albert has seen a similar jump in activity. Currently counting more than six million members, deposits in Albert's savings offering doubled from the start of the pandemic in March 2020 to May of this year, from $350 million to $700 million, according to new numbers released by the company. Founded in 2015, Albert offers automated budgeting and savings tools alongside guided investment portfolios. It's looked to differentiate itself through personalized features, like the ability for customers to text human financial experts.Budgeting and saving features are free on Albert. But for more tailored financial advice, customers pay a subscription fee that's a pay-what-you-can model, between $4 and $14 a month. And Albert's now banking on a new tool to bring together its investing, savings, and budgeting tools.Fintech Albert used this 10-page pitch deck to raise a $100 million Series C from General Atlantic and CapitalGRethinking debt collection Jason Saltzman, founder and CEO of ReliefReliefFor lenders, debt collection is largely automated. But for people who owe money on their credit cards, it can be a confusing and stressful process.  Relief is looking to change that. Its app automates the credit-card debt collection process for users, negotiating with lenders and collectors to settle outstanding balances on their behalf. The fintech just launched and closed a $2 million seed round led by Collaborative Ventures. Relief's fundraising experience was a bit different to most. Its pitch deck, which it shared with one investor via Google Slides, went viral. It set out to raise a $1 million seed round, but ended up doubling that and giving some investors money back to make room for others.Check out a 15-page pitch deck that went viral and helped a credit-card debt collection startup land a $2 million seed roundBlockchain for private-markets investing Carlos Domingo is cofounder and CEO of Securitize.SecuritizeSecuritize, founded in 2017 by the tech industry veterans Carlos Domingo and Jamie Finn, is bringing blockchain technology to private-markets investing. The company raised $48 million in Series B funding on June 21 from investors including Morgan Stanley and Blockchain Capital.Securitize helps companies crowdfund capital from individual and institutional investors by issuing their shares in the form of blockchain tokens that allow for more efficient settlement, record keeping, and compliance processes. Morgan Stanley's Tactical Value fund, which invests in private companies, made its first blockchain-technology investment when it coled the Series B, Securitize CEO Carlos Domingo told Insider.Here's the 11-page pitch deck a blockchain startup looking to revolutionize private-markets investing used to nab $48 million from investors like Morgan StanleyE-commerce focused business bankingMichael Rangel, cofounder and CEO, and Tyler McIntyre, cofounder and CTO of Novo.Kristelle Boulos PhotographyBusiness banking is a hot market in fintech. And it seems investors can't get enough.Novo, the digital banking fintech aimed at small e-commerce businesses, raised a $40.7 million Series A led by Valar Ventures in June. Since its launch in 2018, Novo has signed up 100,000 small businesses. Beyond bank accounts, it offers expense management, a corporate card, and integrates with e-commerce infrastructure players like Shopify, Stripe, and Wise.Founded in 2018, Novo was based in New York City, but has since moved its headquarters to Miami. Here's the 12-page pitch deck e-commerce banking startup Novo used to raise its $40 million Series ABlockchain-based credit score tech John Sun, Anna Fridman, and Adam Jiwan are the cofounders of fintech startup Spring Labs.Spring LabsA blockchain-based fintech startup that is aiming to disrupt the traditional model of evaluating peoples' creditworthiness recently raised $30 million in a Series B funding led by credit reporting giant TransUnion.Four-year-old Spring Labs aims to create a private, secure data-sharing model to help credit agencies better predict the creditworthiness of people who are not in the traditional credit bureau system. The founding team of three fintech veterans met as early employees of lending startup Avant.Existing investors GreatPoint Ventures and August Capital also joined in on the most recent round.  So far Spring Labs has raised $53 million from institutional rounds.TransUnion, a publicly-traded company with a $20 billion-plus market cap, is one of the three largest consumer credit agencies in the US. After 18 months of dialogue and six months of due diligence, TransAmerica and Spring Labs inked a deal, Spring Labs CEO and cofounder Adam Jiwan told Insider.Here's the 10-page pitch deck blockchain-based fintech Spring Labs used to snag $30 million from investors including credit reporting giant TransUnionDigital banking for freelancersJGalione/Getty ImagesLance is a new digital bank hoping to simplify the life of those workers by offering what it calls an "active" approach to business banking. "We found that every time we sat down with the existing tools and resources of our accountants and QuickBooks and spreadsheets, we just ended up getting tangled up in the whole experience of it," Lance cofounder and CEO Oona Rokyta told Insider. Lance offers subaccounts for personal salaries, withholdings, and savings to which freelancers can automatically allocate funds according to custom preset levels. It also offers an expense balance that's connected to automated tax withholdings.In May, Lance announced the closing of a $2.8 million seed round that saw participation from Barclays, BDMI, Great Oaks Capital, Imagination Capital, Techstars, DFJ Frontier, and others.Here's the 21-page pitch deck Lance, a digital bank for freelancers, used to raise a $2.8 million seed round from investors including BarclaysDigital tools for independent financial advisorsJason Wenk, founder and CEO of AltruistAltruistJason Wenk started his career at Morgan Stanley in investment research over 20 years ago. Now, he's running a company that is hoping to broaden access to financial advice for less-wealthy individuals. The startup raised $50 million in Series B funding led by Insight Partners with participation from investors Vanguard and Venrock. The round brings the Los Angeles-based startup's total funding to just under $67 million.Founded in 2018, Altruist is a digital brokerage built for independent financial advisors, intended to be an "all-in-one" platform that unites custodial functions, portfolio accounting, and a client-facing portal. It allows advisors to open accounts, invest, build models, report, trade (including fractional shares), and bill clients through an interface that can advisors time by eliminating mundane operational tasks.Altruist aims to make personalized financial advice less expensive, more efficient, and more inclusive through the platform, which is designed for registered investment advisors (RIAs), a growing segment of the wealth management industry. Here's the pitch deck for Altruist, a wealth tech challenging custodians Fidelity and Charles Schwab, that raised $50 million from Vanguard and InsightPayments and operations support HoneyBook cofounders Dror Shimoni, Oz Alon, and Naama Alon.HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.Half of the US population may be freelance by 2027, according to a study commissioned by remote-work hiring platform Upwork. HoneyBook, a fintech startup that provides payment and operations support for freelancers, in May raised $155 million in funding and achieved unicorn status with its $1 billion-plus valuation.Durable Capital Partners led the Series D funding with other new investors including renowned hedge fund Tiger Global, Battery Ventures, Zeev Ventures, and 01 Advisors. Citi Ventures, Citigroup's startup investment arm that also backs fintech robo-advisor Betterment, participated as an existing investor in the round alongside Norwest Venture partners. The latest round brings the company's fundraising total to $227 million to date.Here's the 21-page pitch deck a Citi-backed fintech for freelancers used to raise $155 million from investors like hedge fund Tiger GlobalFraud prevention for lenders and insurersFiordaliso/Getty ImagesOnboarding new customers with ease is key for any financial institution or retailer. The more friction you add, the more likely consumers are to abandon the entire process.But preventing fraud is also a priority, and that's where Neuro-ID comes in. The startup analyzes what it calls "digital body language," or, the way users scroll, type, and tap. Using that data, Neuro-ID can identify fraudulent users before they create an account. It's built for banks, lenders, insurers, and e-commerce players."The train has left the station for digital transformation, but there's a massive opportunity to try to replicate all those communications that we used to have when we did business in-person, all those tells that we would get verbally and non-verbally on whether or not someone was trustworthy," Neuro-ID CEO Jack Alton told Insider.Founded in 2014, the startup's pitch is twofold: Neuro-ID can save companies money by identifying fraud early, and help increase user conversion by making the onboarding process more seamless. In December Neuro-ID closed a $7 million Series A, co-led by Fin VC and TTV Capital, with participation from Canapi Ventures. With 30 employees, Neuro-ID is using the fresh funding to grow its team and create additional tools to be more self-serving for customers.Here's the 11-slide pitch deck a startup that analyzes consumers' digital behavior to fight fraud used to raise a $7 million Series AAI-powered tools to spot phony online reviews Saoud Khalifah, founder and CEO of Fakespot.FakespotMarketplaces like Amazon and eBay host millions of third-party sellers, and their algorithms will often boost items in search based on consumer sentiment, which is largely based on reviews. But many third-party sellers use fake reviews often bought from click farms to boost their items, some of which are counterfeit or misrepresented to consumers.That's where Fakespot comes in. With its Chrome extension, it warns users of sellers using potentially fake reviews to boost sales and can identify fraudulent sellers. Fakespot is currently compatible with Amazon, BestBuy, eBay, Sephora, Steam, and Walmart."There are promotional reviews written by humans and bot-generated reviews written by robots or review farms," Fakespot founder and CEO Saoud Khalifah told Insider. "Our AI system has been built to detect both categories with very high accuracy."Fakespot's AI learns via reviews data available on marketplace websites, and uses natural-language processing to identify if reviews are genuine. Fakespot also looks at things like whether the number of positive reviews are plausible given how long a seller has been active.Fakespot, a startup that helps shoppers detect robot-generated reviews and phony sellers on Amazon and Shopify, used this pitch deck to nab a $4 million Series ANew twists on digital bankingZach Bruhnke, cofounder and CEO of HMBradleyHMBradleyConsumers are getting used to the idea of branch-less banking, a trend that startup digital-only banks like Chime, N26, and Varo have benefited from. The majority of these fintechs target those who are underbanked, and rely on usage of their debit cards to make money off interchange. But fellow startup HMBradley has a different business model. "Our thesis going in was that we don't swipe our debit cards all that often, and we don't think the customer base that we're focusing on does either," Zach Bruhnke, cofounder and CEO of HMBradley, told Insider. "A lot of our customer base uses credit cards on a daily basis."Instead, the startup is aiming to build clientele with stable deposits. As a result, the bank is offering interest-rate tiers depending on how much a customer saves of their direct deposit.Notably, the rate tiers are dependent on the percentage of savings, not the net amount. "We'll pay you more when you save more of what comes in," Bruhnke said. "We didn't want to segment customers by how much money they had. So it was always going to be about a percentage of income. That was really important to us."Check out the 14-page pitch deck fintech HMBradley, a neobank offering interest rates as high as 3%, used to raise an $18.25 million Series ARead the original article on Business Insider.....»»

Category: topSource: businessinsiderDec 21st, 2021

Airbus delivered the final Airbus A380 ever to be built just as airlines learn to love the world"s largest passenger jet again

Emirates is scheduled to fly as many as 128 daily departures with the A380 in 2022 while other airlines rush to ramp up A380 flights again. An Emirates Airbus A380.kamilpetran/Shutterstock.com Airbus has delivered the last A380 it will ever build to Emirates Airlines. The 251st A380 to be delivered to an airline and the 123rd A380 delivered to Emirates marks the end of the superjumbo-building era at Airbus.  Airlines are just beginning to bring their A380s back into flying service after grounding them for most of the COVID-19 pandemic.  Airbus has delivered its 251st and final A380 to a customer after 14 years of airline deliveries.The final Airbus A380 ever to be built, bound for Emirates.Airbus - Bockfilm / Michael LindnerEmirates was the final recipient and brought its 123rd A380 home from Airbus for the final time on December 16. The delivery flight from Hamburg, Germany to Dubai marked the end a 13-year period of deliveries that started in November 2008.The final Airbus A380 ever to be built, bound for Emirates.Airbus-Lutz Borck"It defined us, in many respects," Tim Clark, the president of Emirates, told Insider in July 2020. "We've spent an inordinate amount on product, both in flight and on the ground, and that's really paid off."An Emirates Airbus A380.Soos Jozsef/Shutterstock.comThe president of Emirates says passengers will never again be as comfortable as they have been aboard the enormous discontinued Airbus A380As the largest airline to fly the A380, the Middle Eastern mega carrier is responsible for keeping the A380 program alive through 2021, stemming from an order for the then-unnamed A3XX at the Farnborough Air Show in 2000The final Airbus A380 ever to be built, bound for Emirates.AirbusOnly 16 years have passed since the first A380 took flight in 2005 until the time of its final delivery. Airbus was not able to turn the A380 into a multi-generational aircraft in the same way Boeing was able to with the rival 747.The final Airbus A380 bound for Emirates.AirbusDouble-decker planes are going extinct as Airbus and Boeing discontinue their largest models. Here's why airlines are abandoning 4-engine jets.But the A380's success can better be measured in impact more so than in number of orders. The world's largest passenger jet overtook Boeing's 747 as the leading status symbol for airlines that travelers clamored to fly on.An Airbus A380.REUTERS/Pascal RossignolSingapore Airlines was the first airline to take home the A380 and helped raise the bar for luxury on the immensely spacious aircraft that could seat more than 500 passengers if airlines wanted.A Singapore Airlines Airbus A380.REUTERS/Tim ChongIt was the start of the superjumbo era and the first time passengers could fly on a plane with two full levels. Airlines could even pack the A380 with luxurious extras and still have more than enough room to house four cabin classes.An Airbus A380 in production.Reuters/Jean Philippe ArlesSingapore Airlines packed the plane with 12 first class suites, 60 business class suites, and 399 economy class seats.A Singapore Airlines first class suite on the Airbus A380.Pascal Parrot/Getty ImagesEmirates and Qatar Airways used the space to offer in-flight bars and decadent first class products while the former took it one step further to include "shower spas" in which first class passengers could enjoy a hot shower mid-flight.An Emirates Airbus A380.Leonard Zhukovsky/Shutterstock.comI went inside an exclusive first class spa onboard an Emirates Airbus A380 and saw why wealthy travelers pay a small fortune to live well at 35,000 feetEtihad Airways created apartments in the sky with its three-room "The Residence" product that came with a living room, bedroom, shower, and private butler.Etihad's "The Residences" on the Airbus A380.EtihadEtihad Airways says the end is near for its A380s and their high-flying apartments featuring butlers, chefs, and private showers that often cost $20,000 a tripAirlines were going strong with the A380 prior to the COVID-19 pandemic, even if it was just a status symbol for many. A lack of new orders to keep the program going, however, meant that the A380's days were always numbered.A Qantas Airbus A380.AP Photo/Rob GriffithBoeing had experienced the same with its 747-8i aircraft of which even fewer were sold than the A380. Twin-engine aircraft were quickly replacing four-engine behemoths, and the pandemic hastened the demise of the A380 at many airlines including Air France and Lufthansa.A Boeing 747-8i aircraft.BoeingSource: BoeingHelping Boeing along, at least, was a demand for the aircraft in the cargo realm. Cargo giants including UPS Airlines and Atlas Air are some of the final customers for the aircraft.A UPS Airlines Boeing 747-8F aircraft.Thiago B Trevisan / Shutterstock.comBoeing just announced the definitive end of the legendary 747 as cargo giant Atlas Air places an order for the final 4 planesAirbus had not developed a freighter variant of the A380; though, airlines like Emirates and Hi Fly did use their A380 passenger cabins to transport boxes.A HiFly Airbus A380 cargo conversion.HiFlyAnother airline is retiring the world's largest passenger plane after just under 3 years of service as the pandemic keeps long-haul flyers grounded. See inside Hi Fly's Airbus A380.The Airbus A380 may never return to its pre-pandemic glory, as indicated by the number of flights airlines have planned for aircraft in combined with pandemic-era retirements.A British Airways Airbus A380.Thomas Pallini/InsiderOn the day of the final A380's delivery to Emirates, airlines around the world flew a total of 99 flights with the aircraft. The same day in 2020 saw only 25 flights, while the same day in 2019 saw 341 flights.A Qatar Airways Airbus A380.REUTERS/Pascal RossignolSource: CiriumThe most A380 flights in a given day in 2021 will only be 107, based on airlines' current schedule according to Cirium data, with December 17 and December 31 currently tied to achieve that number. In 2022, August will see as many as 183 daily departures with the A380, just more than half of the A380's busiest day in 2019.Flying on an Emirates A380 from New York to Dubai.Thomas Pallini/InsiderSource: CiriumBut there is hope as fans of the A380 will still have decades to fly on the world's largest passenger jet. Some of the airlines that have committed to the A380 during the pandemic have no plans to retire it anytime soon and are even making investments to improve the onboard experience.An Emirates Airbus A380.phichak/Shutterstock.comEmirates unveiled a brand-new interior design for its Airbus A380s that sees enhancements in each cabin, as well as the addition of a premium economy class cabin.Emirates' refurbished Airbus A380 at Dubai Airshow 2021.Thomas Pallini/InsiderEmirates just unveiled the swanky high-end design for its new Airbus A380 as most airlines say goodbye to the enormous plane — see insideIn first class, the 14 exclusive suites will feature taller doors for even more privacy and new motifs and colors will be found throughout the cabin.Emirates' refurbished Airbus A380 at Dubai Airshow 2021.Thomas Pallini/InsiderThe famed shower spas will also remain with a refreshed look and feel.Emirates' refurbished Airbus A380 at Dubai Airshow 2021.Thomas Pallini/InsiderIn business class, the 76 seats will be reupholstered and redesigned with a new champagne-color leather and wood finishing.Emirates' refurbished Airbus A380 at Dubai Airshow 2021.Thomas Pallini/InsiderThe new premium economy class will feature 56 seats in a 2-4-2 configuration with 19.5-inch-wide seats offering up to 40 inches of legroom.Emirates' refurbished Airbus A380 at Dubai Airshow 2021.Thomas Pallini/InsiderEconomy class and its 388 seats will receive new "ergonomically designed" seats that feature tray tables with wood finishes.Emirates' refurbished Airbus A380 at Dubai Airshow 2021.Thomas Pallini/InsiderEven the in-flight bar has been enhanced with new seating options and the same color palette found in business class.Emirates' refurbished Airbus A380 at Dubai Airshow 2021.Thomas Pallini/InsiderSingapore Airlines in 2017 unveiled new business class seats and first class suites that are unique to the A380 and will soon fly to more destinations around the world.An Airbus A380 of Singapore Airlines approaches the airport in Frankfurt, Germany.ReutersThe first class suites feature their own swivel chair, bed, and 32-inch television, making the enclosed space resemble a luxury office suite more so than an airplane compartment.A first class suite onboard a Singapore Airlines Airbus A380.Singapore AirlinesSome suites can also be combined to offer a double bed that's ideal when traveling with a companion.A first class suite onboard a Singapore Airlines Airbus A380.Singapore AirlinesAnd in business class, center-aisle seats can also act as a double bed when fully flat.The business class cabin onboard a Singapore Airlines Airbus A380.Singapore AirlinesSingapore Airlines will bring its A380s to New York on March 27 to fly the recently resumed Singapore-New York via Frankfurt, Germany route as more airlines build back the A380's US presence.A first class suite onboard a Singapore Airlines Airbus A380.Singapore AirlinesBut Singapore Airlines is another example of replacing the A380 with smaller and more efficient aircraft. The airline uses Airbus A350-900ULR, or ultra-long-range, aircraft to offer non-stop flights between the US and Singapore.Santi Rodriguez / ShutterstockInside the new world's longest flight: What it's like to fly on Singapore Airlines' new route between Singapore and New YorkThere are no first class suites on the smaller aircraft, or any first class seats at all. But travelers can save around four hours by taking the non-stop option in either premium economy class or business class.Onboard a Singapore Airlines Airbus A350-900ULR.Thomas Pallini/InsiderFor ultra-premium flyers, the choice comes down to getting to the destination sooner or enjoying a luxury suite.Onboard a Singapore Airlines Airbus A350-900ULR.Thomas Pallini/InsiderSingapore Airlines is partnering with the ultra-exclusive Golden Door spa to redefine luxury on the world's longest commercial flightsAt the Dubai Airshow in November, Emirates brought one of its newly-refurbished A380s that proved to be a star of the show.Emirates' refurbished Airbus A380 at Dubai Airshow 2021.Thomas Pallini/InsiderA steady stream of airshow visitors filed through the aircraft, taking selfies in the business class seats and first class suites while marveling at the bar and showers.Emirates' refurbished Airbus A380 at Dubai Airshow 2021.Thomas Pallini/InsiderBut also on display at the airshow were the A380's replacements, the Boeing 777X and Airbus A350 XWB.An Etihad Airways Boeing 787-10 Dreamliner nicknamed the "Greenliner" at the Dubai Airshow 2021Thomas Pallini/InsiderEmirates, like many global airlines, has plans to incorporate both aircraft into its fleet and both may be flying for the airline long after the A380s have been retired.Emirates' refurbished Airbus A380 at Dubai Airshow 2021.Thomas Pallini/InsiderClark, however, said that "nothing is going to be as good" as the A380, not even the soon-to-be largest twin-engine passenger plane in the world.An Emirates Airbua A380 display at the Dubai Airshow.Thomas Pallini/Insider"How could it be as good as the A380 on the upper deck, or as good as it is in economy with 10-abreast seating on the main deck," Clark said of the Boeing 777X.The Boeing 777X at Dubai Airshow 2021.Thomas Pallini/InsiderClark is referring to the fact that the A380's size is so great that flyers still had extra room in which to stretch out even with 10 economy seats filling a single row.Emirates' refurbished Airbus A380 at Dubai Airshow 2021.Thomas Pallini/Insider"It's palatial," Clark said of the A380. "And people absolutely love it. They still go out of their way to get on the 380."Emirates' refurbished Airbus A380 at Dubai Airshow 2021.Thomas Pallini/InsiderAirbus had even created a website to help travelers find routings on the A380 as the aircraft so popular with frequent flyers.Emirates' refurbished Airbus A380 at Dubai Airshow 2021.Thomas Pallini/InsiderThe US will see more airlines redeploy the A380; though, not all will be as glamorous as those in service with Emirates and Singapore Airlines.Flying on an Emirates A380 from New York to Dubai.Thomas Pallini/InsiderBritish Airways has plans to return its A380s to the US, serving destinations like Boston, Miami, Dallas, San Francisco, Chicago, and Washington, DC.A British Airways Airbus A380.Philip Pilosian / Shutterstock.comSource: CiriumAll Nippon Airways is scheduled to resume A380 flights to Hawaii on March 27; though, continuing travel restrictions impacting Japan may see that date pushed back.An All Nippon Airways Airbus A380.viper-zero / Shutterstock.comSource: CiriumQantas has put its A380s on the schedule to fly between Sydney and Los Angeles beginning March 27.A Qantas Airbus A380.Ryan Fletcher/Shutterstock.comSource: CiriumAnd China Southern Airlines plans to continue flying the A380 between Guangzhou, China, and Los Angeles, as it has been doing throughout the pandemic.A China Southern Airlines Airbus A380.StudioPortoSabbia / Shutterstock.comSource: CiriumAirbus will also help keep the A380 flying and powering the future of flight. MSN1, the first-ever A380 built by Airbus, will be used for flight testing and expanding the capabilities of sustainable aviation fuel, or SAF.The final Airbus A380 ever to be built, bound for Emirates.AirbusSource: AirbusBoeing is similarly nearing the end with the American counterpart to the A380, the 747. Atlas Air will take delivery of the last-ever 747 in 2022, marking the end of an aircraft program that spanned more than half a century.An Atlas Air Boeing 747-8i.Arjan Veltman / Shutterstock.comThe end of Airbus A380 deliveries does not mark the end of the A380 — far from it.The final Airbus A380 ever to be built, bound for Emirates.Airbus"We'll keep it going as long as we can," Clark said.The final Airbus A380 ever to be built, bound for Emirates.AirbusRead the original article on Business Insider.....»»

Category: topSource: businessinsiderDec 21st, 2021

Here are 29 pitch decks from fintechs disrupting trading, banking, and lending that helped them raise millions

Looking for examples of real fintech pitch decks? Check out pitch decks that Qolo, Lance, and other startups used to raise money from VCs. Check out these pitch decks for examples of fintech founders sold their vision.Yulia Reznikov/Getty Images Insider has been tracking the next wave of hot new startups that are blending finance and tech.  Check out these pitch decks to see how fintech founders sold their vision. See more stories on Insider's business page. Fintech VC  funding hit a fresh quarterly record of $22.8 billion in the first three months of 2021, according to CB Insights data. While mega-rounds helped propel overall funding, new cash was spread across 614 deals. Insider has been tracking the next wave of hot new startups that are blending finance and tech. Check out these pitch decks to see how fintech founders are selling their vision and nabbing big bucks in the process. You'll see new financial tech geared at freelancers, fresh twists on digital banking, and innovation aimed at streamlining customer onboarding. The back-end tech for beautyDanielle Cohen-Shohet, CEO and founder of GlossGeniusGlossGeniusDanielle Cohen-Shohet might have started as a Goldman Sachs investment analyst, but at her core she was always a coder.After about three years at Goldman Sachs, Cohen-Shohet left the world of traditional finance to code her way into starting her own company in 2016. "There was a period of time where I did nothing, but eat, sleep, and code for a few weeks," Cohen-Shohet told Insider. Her technical edge and knowledge of the point-of-sale payment space led her to launch a software company focused on providing behind-the-scenes tech for beauty and wellness small businesses.Cohen-Shohet launched GlossGenius in 2017 to provide payments tech for hair stylists, nail technicians, blow-out bars, and other small businesses in the space.Here's the 11-page deck GlossGenius, a startup that provides back-end tech for the beauty industry, used to raise $16 millionPrivate market data on the blockchainPat O'Meara, CEO of Inveniam.InveniamFor investors in publicly-traded stocks, there's typically no shortage of company data to guide investment decisions. Company financials are easily accessible and vetted by teams of regulators, lawyers, and accountants.But in the private markets — which encompass assets that range from real estate to private credit and private equity — that isn't always the case. Within real estate, for example, valuations of a specific slice of property are often the product of heavily-worked Excel models and a lot of institutional knowledge, leaving them susceptible to manual error at many points along the way.Inveniam, founded in 2017, is a software company that tokenizes the business data of private companies on the blockchain. Using a distributed ledger allows Inveniam to keep track of who is touching the data and what they are doing to it. Check out the 16-page pitch deck for Inveniam, a blockchain-based startup looking to be the Refinitiv of private-market dataHelping freelancers with their taxesJaideep Singh is the CEO and co-founder of FlyFin, an AI-driven tax preparation software program for freelancers.FlyFinSome people, particularly those with families or freelancing businesses, spend days searching for receipts for tax season, making tax preparation a time consuming and, at times, taxing experience. That's why in 2020 Jaideep Singh founded FlyFin, an artificial-intelligence tax preparation program for freelancers that helps people, as he puts it, "fly through their finances." FlyFin is set up to connect to a person's bank accounts, allowing the AI program to help users monitor for certain expenses that can be claimed on their taxes like business expenditures, the interest on mortgages, property taxes, or whatever else that might apply. "For most individuals, people have expenses distributed over multiple financial institutions. So we built an AI platform that is able to look at expenses, understand the individual, understand your profession, understand the freelance population at large, and start the categorization," Singh told Insider.Check out the 7-page pitch deck a startup helping freelancers manage their taxes used to nab $8 million in funding Shopify for embedded financeProductfy CEO and founder, Duy Vo.ProductfyProductfy is looking to break into embedded finance by becoming the Shopify of back-end banking services.Embedded finance — integrating banking services in non-financial settings — has taken hold in the e-commerce world. But Productfy is going after a different kind of customer in churches, universities, and nonprofits.The San Jose, Calif.-based upstart aims to help non-finance companies offer their own banking products. Productfy can help customers launch finance features in as little as a week and without additional engineering resources or background knowledge of banking compliance or legal requirements, Productfy founder and CEO Duy Vo told Insider. "You don't need an engineer to stand up Shopify, right? You can be someone who's just creating art and you can use Shopify to build your own online store," Vo said, adding that Productfy is looking to take that user experience and replicate it for banking services.Here's the 15-page pitch deck Productfy, a fintech looking to be the Shopify of embedded finance, used to nab a $16 million Series AReal-estate management made easyAgora founders Noam Kahan, CTO, Bar Mor, CEO, and Lior Dolinski, CPO.AgoraFor alternative asset managers of any type, the operations underpinning sales and investor communications are a crucial but often overlooked part of the business. Fund managers love to make bets on markets, not coordinate hundreds of wire transfers to clients each quarter or organize customer-relationship-management databases.Within the $10.6 trillion global market for professionally managed real-estate investing, that's where Tel Aviv and New York-based startup Agora hopes to make its mark.Founded in 2019, Agora offers a set of back-office, investor relations, and sales software tools that real-estate investment managers can plug into their workflows. On Wednesday, Agora announced a $9 million seed round, led by Israel-based venture firm Aleph, with participation from River Park Ventures and Maccabee Ventures. The funding comes on the heels of an October 2020 pre-seed fund raise worth $890,000, in which Maccabee also participated.Here's the 15-slide pitch deck that Agora, a startup helping real-estate investors manage communications and sales with their clients, used to raise a $9 million seed roundCheckout made easyBolt's Ryan Breslow.Ryan BreslowAmazon has long dominated e-commerce with its one-click checkout flows, offering easier ways for consumers to shop online than its small-business competitors.Bolt gives small merchants tools to offer the same easy checkouts so they can compete with the likes of Amazon.The startup raised its $393 million Series D to continue adding its one-click checkout feature to merchants' own websites in October.Bolt markets to merchants themselves. But a big part of Bolt's pitch is its growing network of consumers — currently over 5.6 million — that use its features across multiple Bolt merchant customers. Roughly 5% of Bolt's transactions were network-driven in May, meaning users that signed up for a Bolt account on another retailer's website used it elsewhere. The network effects were even more pronounced in verticals like furniture, where 49% of transactions were driven by the Bolt network."The network effect is now unleashed with Bolt in full fury, and that triggered the raise," Bolt's founder and CEO Ryan Breslow told Insider.Here's the 12-page deck that one-click checkout Bolt used to outline its network of 5.6 million consumers and raise its Series DHelping small banks lendCollateralEdge's Joel Radtke, cofounder, COO, and president, and Joe Beard, cofounder and CEO.CollateralEdgeFor large corporations with a track record of tapping the credit markets, taking out debt is a well-structured and clear process handled by the nation's biggest investment banks and teams of accountants. But smaller, middle-market companies — typically those with annual revenues ranging up to $1 billion — are typically served by regional and community banks that don't always have the capacity to adequately measure the risk of loans or price them competitively. Per the National Center for the Middle Market, 200,000 companies fall into this range, accounting for roughly 33% of US private sector GDP and employment.Dallas-based fintech CollateralEdge works with these banks — typically those with between $1 billion and $50 billion in assets — to help analyze and price slices of commercial and industrial loans that previously might have gone unserved by smaller lenders.On October 20th, CollateralEdge announced a $3.5 million seed round led by Dallas venture fund Perot Jain with participation from Kneeland Youngblood (a founder of the healthcare-focused private-equity firm Pharos Capital) and other individual investors.Here's the 10-page deck CollateralEdge, a fintech streamlining how small banks lend to businesses, used to raise a $3.5 million seed round Quantum computing made easyQC Ware CEO Matt Johnson.QC WareEven though banks and hedge funds are still several years out from adding quantum computing to their tech arsenals, that hasn't stopped Wall Street giants from investing time and money into the emerging technology class. And momentum for QC Ware, a startup looking to cut the time and resources it takes to use quantum computing, is accelerating. The fintech secured a $25 million Series B on September 29 co-led by Koch Disruptive Technologies and Covestro with participation from D.E. Shaw, Citi, and Samsung Ventures.QC Ware, founded in 2014, builds quantum algorithms for the likes of Goldman Sachs (which led the fintech's Series A), Airbus, and BMW Group. The algorithms, which are effectively code bases that include quantum processing elements, can run on any of the four main public-cloud providers.Quantum computing allows companies to do complex calculations faster than traditional computers by using a form of physics that runs on quantum bits as opposed to the traditional 1s and 0s that computers use. This is especially helpful in banking for risk analytics or algorithmic trading, where executing calculations milliseconds faster than the competition can give firms a leg up. Here's the 20-page deck QC Ware, a fintech making quantum computing more accessible, used to raised its $25 million Series BSimplifying quant modelsKirat Singh and Mark Higgins, Beacon's cofounders.BeaconA fintech that helps financial institutions use quantitative models to streamline their businesses and improve risk management is catching the attention, and capital, of some of the country's biggest investment managers.Beacon Platform, founded in 2014, is a fintech that builds applications and tools to help banks, asset managers, and trading firms quickly integrate quantitative models that can help with analyzing risk, ensuring compliance, and improving operational efficiency. The company raised its Series C on Wednesday, scoring a $56 million investment led by Warburg Pincus with support from Blackstone Innovations Investments, PIMCO, and Global Atlantic. Blackstone, PIMCO, and Global Atlantic are also users of Beacon's tech, as are the Commonwealth Bank of Australia and Shell New Energies, a division of Royal Dutch Shell, among others.The fintech provides a shortcut for firms looking to use quantitative modelling and data science across various aspects of their businesses, a process that can often take considerable resources if done solo.Here's the 20-page pitch deck Beacon, a fintech helping Wall Street better analyze risk and data, used to raise $56 million from Warburg Pincus, Blackstone, and PIMCOInvoice financing for SMBsStacey Abrams and Lara Hodgson, Now cofounders.NowAbout a decade ago, politician Stacey Abrams and entrepreneur Lara Hodgson were forced to fold their startup because of a kink in the supply chain — but not in the traditional sense.Nourish, which made spill-proof bottled water for children, had grown quickly from selling to small retailers to national ones. And while that may sound like a feather in the small business' cap, there was a hang-up."It was taking longer and longer to get paid, and as you can imagine, you deliver the product and then you wait and you wait, but meanwhile you have to pay your employees and you have to pay your vendors," Hodgson told Insider. "Waiting to get paid was constraining our ability to grow."While it's not unusual for small businesses to grapple with working capital issues, the dust was still settling from the Great Recession. Abrams and Hodgson couldn't secure a line of credit or use financing tools like factoring to solve their problem. The two entrepreneurs were forced to close Nourish in 2012, but along the way they recognized a disconnect in the system.  "Why are we the ones borrowing money, when in fact we're the lender here because every time you send an invoice to a customer, you've essentially extended a free loan to that customer by letting them pay later," Hodgson said. "And the only reason why we were going to need to possibly borrow money was because we had just given ours away for free to Whole Foods," she added.Check out the 7-page deck that Now, Stacey Abrams' fintech that wants to help small businesses 'grow fearlessly', used to raise $29 millionInsurance goes digitalJamie Hale, CEO and cofounder of Ladder.LadderFintechs looking to transform how insurance policies are underwritten, issued, and experienced by customers have grown as new technology driven by digital trends and artificial intelligence shape the market. And while verticals like auto, homeowner's, and renter's insurance have seen their fair share of innovation from forward-thinking fintechs, one company has taken on the massive life-insurance market. Founded in 2017, Ladder uses a tech-driven approach to offer life insurance with a digital, end-to-end service that it says is more flexible, faster, and cost-effective than incumbent players.Life, annuity, and accident and health insurance within the US comprise a big chunk of the broader market. In 2020, premiums written on those policies totaled some $767 billion, compared to $144 billion for auto policies and $97 billion for homeowner's insurance.Here's the 12-page deck that Ladder, a startup disrupting the 'crown jewel' of the insurance market, used to nab $100 millionEmbedded payments for SMBsThe Highnote team.HighnoteBranded cards have long been a way for merchants with the appropriate bank relationships to create additional revenue and build customer loyalty. The rise of embedded payments, or the ability to shop and pay in a seamless experience within a single app, has broadened the number of companies looking to launch branded cards.Highnote is a startup that helps small to mid-sized merchants roll out their own debit and pre-paid digital cards. The fintech emerged from stealth on Tuesday to announce it raised $54 million in seed and Series A funding.Here's the 12-page deck Highnote, a startup helping SMBs embed payments, used to raise $54 million in seed and Series A fundingAn alternative auto lenderDaniel Chu, CEO and founder of Tricolor.TricolorAn alternative auto lender that caters to thin- and no-credit Hispanic borrowers is planning a national expansion after scoring a $90 million investment from BlackRock-managed funds. Tricolor is a Dallas-based auto lender that is a community development financial institution. It uses a proprietary artificial-intelligence engine that decisions each customer based on more than 100 data points, such as proof of income. Half of Tricolor's customers have a FICO score, and less than 12% have scores above 650, yet the average customer has lived in the US for 15 years, according to the deck.A 2017 survey by the Federal Deposit Insurance Corporation found 31.5% of Hispanic households had no mainstream credit compared to 14.4% of white households. "For decades, the deck has been stacked against low income or credit invisible Hispanics in the United States when it comes to the purchase and financing of a used vehicle," Daniel Chu, founder and CEO of Tricolor, said in a statement announcing the raise.An auto lender that caters to underbanked Hispanics used this 25-page deck to raise $90 million from BlackRock investorsA new way to access credit The TomoCredit team.TomoCreditKristy Kim knows first-hand the challenge of obtaining credit in the US without an established credit history. Kim, who came to the US from South Korea, couldn't initially get access to credit despite having a job in investment banking after graduating college. "I was in my early twenties, I had a good income, my job was in investment banking but I could not get approved for anything," Kim told Insider. "Many young professionals like me, we deserve an opportunity to be considered but just because we didn't have a Fico, we weren't given a chance to even apply," she added.Kim started TomoCredit in 2018 to help others like herself gain access to consumer credit. TomoCredit spent three years building an internal algorithm to underwrite customers based on cash flow, rather than a credit score.TomoCredit, a fintech that lends to thin- and no-credit borrowers, used this 17-page pitch deck to raise its $10 million Series AAn IRA for alternativesHenry Yoshida is the co-founder and CEO of retirement fintech startup Rocket Dollar.Rocket DollarFintech startup Rocket Dollar, which helps users invest their individual retirement account (IRA) dollars into alternative assets, just raised $8 million for its Series A round, the company announced on Thursday.Park West Asset Management led the round, with participation from investors including Hyphen Capital, which focuses on backing Asian American entrepreneurs, and crypto exchange Kraken's venture arm. Co-founded in 2018 by CEO Henry Yoshida, CTO Rick Dude, and VP of marketing Thomas Young, Rocket Dollar now has over $350 million in assets under management on its platform. Yoshida sold his first startup, a roboadvisor called Honest Dollar, to Goldman Sachs' investment management division for an estimated $20 million.Yoshida told Insider that while ultra-high net worth investors have been investing self-directed retirement account dollars into alternative assets like real estate, private equity, and cryptocurrency, average investors have not historically been able to access the same opportunities to invest IRA dollars in alternative assets through traditional platforms.Here's the 34-page pitch deck a fintech that helps users invest their retirement savings in crypto and real estate assets used to nab $8 millionConnecting startups and investorsHum Capital cofounder and CEO Blair Silverberg.Hum CapitalBlair Silverberg is no stranger to fundraising.For six years, Silverberg was a venture capitalist at Draper Fisher Jurvetson and Private Credit Investments making bets on startups."I was meeting with thousands of founders in person each year, watching them one at a time go through this friction where they're meeting a ton of investors, and the investors are all asking the same questions," Silverberg told Insider. He switched gears about three years ago, moving to the opposite side of the metaphorical table, to start Hum Capital, which uses artificial intelligence to match investors with startups looking to fundraise.On August 31, the New York-based fintech announced its $9 million Series A. The round was led by Future Ventures with participation from Webb Investment Network, Wavemaker Partners, and Partech. This 11-page pitch deck helped Hum Capital, a fintech using AI to match investors with startups, raise a $9 million Series A.Payments infrastructure for fintechsQolo CEO and co-founder Patricia Montesi.QoloThree years ago, Patricia Montesi realized there was a disconnect in the payments world. "A lot of new economy companies or fintech companies were looking to mesh up a lot of payment modalities that they weren't able to," Montesi, CEO and co-founder of Qolo, told Insider.Integrating various payment capabilities often meant tapping several different providers that had specializations in one product or service, she added, like debit card issuance or cross-border payments. "The way people were getting around that was that they were creating this spider web of fintech," she said, adding that "at the end of it all, they had this mess of suppliers and integrations and bank accounts."The 20-year payments veteran rounded up a group of three other co-founders — who together had more than a century of combined industry experience — to start Qolo, a business-to-business fintech that sought out to bundle back-end payment rails for other fintechs.Here's the 11-slide pitch deck a startup that provides payments infrastructure for other fintechs used to raise a $15 million Series ASoftware for managing freelancersWorksome cofounder and CEO Morten Petersen.WorksomeThe way people work has fundamentally changed over the past year, with more flexibility and many workers opting to freelance to maintain their work-from-home lifestyles.But managing a freelance or contractor workforce is often an administrative headache for employers. Worksome is a startup looking to eliminate all the extra work required for employers to adapt to more flexible working norms.Worksome started as a freelancer marketplace automating the process of matching qualified workers with the right jobs. But the team ultimately pivoted to a full suite of workforce management software, automating administrative burdens required to hire, pay, and account for contract workers.In May, Worksome closed a $13 million Series A backed by European angel investor Tommy Ahlers and Danish firm Lind & Risør.Here's the 21-slide pitch deck used by a startup that helps firms like Carlsberg and Deloitte manage freelancersPersonal finance is only a text awayYinon Ravid, the chief executive and cofounder of Albert.AlbertThe COVID-19 pandemic has underscored the growing preference of mobile banking as customers get comfortable managing their finances online.The financial app Albert has seen a similar jump in activity. Currently counting more than six million members, deposits in Albert's savings offering doubled from the start of the pandemic in March 2020 to May of this year, from $350 million to $700 million, according to new numbers released by the company. Founded in 2015, Albert offers automated budgeting and savings tools alongside guided investment portfolios. It's looked to differentiate itself through personalized features, like the ability for customers to text human financial experts.Budgeting and saving features are free on Albert. But for more tailored financial advice, customers pay a subscription fee that's a pay-what-you-can model, between $4 and $14 a month. And Albert's now banking on a new tool to bring together its investing, savings, and budgeting tools.Fintech Albert used this 10-page pitch deck to raise a $100 million Series C from General Atlantic and CapitalGRethinking debt collection Jason Saltzman, founder and CEO of ReliefReliefFor lenders, debt collection is largely automated. But for people who owe money on their credit cards, it can be a confusing and stressful process.  Relief is looking to change that. Its app automates the credit-card debt collection process for users, negotiating with lenders and collectors to settle outstanding balances on their behalf. The fintech just launched and closed a $2 million seed round led by Collaborative Ventures. Relief's fundraising experience was a bit different to most. Its pitch deck, which it shared with one investor via Google Slides, went viral. It set out to raise a $1 million seed round, but ended up doubling that and giving some investors money back to make room for others.Check out a 15-page pitch deck that went viral and helped a credit-card debt collection startup land a $2 million seed roundBlockchain for private-markets investing Carlos Domingo is cofounder and CEO of Securitize.SecuritizeSecuritize, founded in 2017 by the tech industry veterans Carlos Domingo and Jamie Finn, is bringing blockchain technology to private-markets investing. The company raised $48 million in Series B funding on June 21 from investors including Morgan Stanley and Blockchain Capital.Securitize helps companies crowdfund capital from individual and institutional investors by issuing their shares in the form of blockchain tokens that allow for more efficient settlement, record keeping, and compliance processes. Morgan Stanley's Tactical Value fund, which invests in private companies, made its first blockchain-technology investment when it coled the Series B, Securitize CEO Carlos Domingo told Insider.Here's the 11-page pitch deck a blockchain startup looking to revolutionize private-markets investing used to nab $48 million from investors like Morgan StanleyE-commerce focused business bankingMichael Rangel, cofounder and CEO, and Tyler McIntyre, cofounder and CTO of Novo.Kristelle Boulos PhotographyBusiness banking is a hot market in fintech. And it seems investors can't get enough.Novo, the digital banking fintech aimed at small e-commerce businesses, raised a $40.7 million Series A led by Valar Ventures in June. Since its launch in 2018, Novo has signed up 100,000 small businesses. Beyond bank accounts, it offers expense management, a corporate card, and integrates with e-commerce infrastructure players like Shopify, Stripe, and Wise.Founded in 2018, Novo was based in New York City, but has since moved its headquarters to Miami. Here's the 12-page pitch deck e-commerce banking startup Novo used to raise its $40 million Series ABlockchain-based credit score tech John Sun, Anna Fridman, and Adam Jiwan are the cofounders of fintech startup Spring Labs.Spring LabsA blockchain-based fintech startup that is aiming to disrupt the traditional model of evaluating peoples' creditworthiness recently raised $30 million in a Series B funding led by credit reporting giant TransUnion.Four-year-old Spring Labs aims to create a private, secure data-sharing model to help credit agencies better predict the creditworthiness of people who are not in the traditional credit bureau system. The founding team of three fintech veterans met as early employees of lending startup Avant.Existing investors GreatPoint Ventures and August Capital also joined in on the most recent round.  So far Spring Labs has raised $53 million from institutional rounds.TransUnion, a publicly-traded company with a $20 billion-plus market cap, is one of the three largest consumer credit agencies in the US. After 18 months of dialogue and six months of due diligence, TransAmerica and Spring Labs inked a deal, Spring Labs CEO and cofounder Adam Jiwan told Insider.Here's the 10-page pitch deck blockchain-based fintech Spring Labs used to snag $30 million from investors including credit reporting giant TransUnionDigital banking for freelancersJGalione/Getty ImagesLance is a new digital bank hoping to simplify the life of those workers by offering what it calls an "active" approach to business banking. "We found that every time we sat down with the existing tools and resources of our accountants and QuickBooks and spreadsheets, we just ended up getting tangled up in the whole experience of it," Lance cofounder and CEO Oona Rokyta told Insider. Lance offers subaccounts for personal salaries, withholdings, and savings to which freelancers can automatically allocate funds according to custom preset levels. It also offers an expense balance that's connected to automated tax withholdings.In May, Lance announced the closing of a $2.8 million seed round that saw participation from Barclays, BDMI, Great Oaks Capital, Imagination Capital, Techstars, DFJ Frontier, and others.Here's the 21-page pitch deck Lance, a digital bank for freelancers, used to raise a $2.8 million seed round from investors including BarclaysDigital tools for independent financial advisorsJason Wenk, founder and CEO of AltruistAltruistJason Wenk started his career at Morgan Stanley in investment research over 20 years ago. Now, he's running a company that is hoping to broaden access to financial advice for less-wealthy individuals. The startup raised $50 million in Series B funding led by Insight Partners with participation from investors Vanguard and Venrock. The round brings the Los Angeles-based startup's total funding to just under $67 million.Founded in 2018, Altruist is a digital brokerage built for independent financial advisors, intended to be an "all-in-one" platform that unites custodial functions, portfolio accounting, and a client-facing portal. It allows advisors to open accounts, invest, build models, report, trade (including fractional shares), and bill clients through an interface that can advisors time by eliminating mundane operational tasks.Altruist aims to make personalized financial advice less expensive, more efficient, and more inclusive through the platform, which is designed for registered investment advisors (RIAs), a growing segment of the wealth management industry. Here's the pitch deck for Altruist, a wealth tech challenging custodians Fidelity and Charles Schwab, that raised $50 million from Vanguard and InsightPayments and operations support HoneyBook cofounders Dror Shimoni, Oz Alon, and Naama Alon.HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.Half of the US population may be freelance by 2027, according to a study commissioned by remote-work hiring platform Upwork. HoneyBook, a fintech startup that provides payment and operations support for freelancers, in May raised $155 million in funding and achieved unicorn status with its $1 billion-plus valuation.Durable Capital Partners led the Series D funding with other new investors including renowned hedge fund Tiger Global, Battery Ventures, Zeev Ventures, and 01 Advisors. Citi Ventures, Citigroup's startup investment arm that also backs fintech robo-advisor Betterment, participated as an existing investor in the round alongside Norwest Venture partners. The latest round brings the company's fundraising total to $227 million to date.Here's the 21-page pitch deck a Citi-backed fintech for freelancers used to raise $155 million from investors like hedge fund Tiger GlobalFraud prevention for lenders and insurersFiordaliso/Getty ImagesOnboarding new customers with ease is key for any financial institution or retailer. The more friction you add, the more likely consumers are to abandon the entire process.But preventing fraud is also a priority, and that's where Neuro-ID comes in. The startup analyzes what it calls "digital body language," or, the way users scroll, type, and tap. Using that data, Neuro-ID can identify fraudulent users before they create an account. It's built for banks, lenders, insurers, and e-commerce players."The train has left the station for digital transformation, but there's a massive opportunity to try to replicate all those communications that we used to have when we did business in-person, all those tells that we would get verbally and non-verbally on whether or not someone was trustworthy," Neuro-ID CEO Jack Alton told Insider.Founded in 2014, the startup's pitch is twofold: Neuro-ID can save companies money by identifying fraud early, and help increase user conversion by making the onboarding process more seamless. In December Neuro-ID closed a $7 million Series A, co-led by Fin VC and TTV Capital, with participation from Canapi Ventures. With 30 employees, Neuro-ID is using the fresh funding to grow its team and create additional tools to be more self-serving for customers.Here's the 11-slide pitch deck a startup that analyzes consumers' digital behavior to fight fraud used to raise a $7 million Series AAI-powered tools to spot phony online reviews Saoud Khalifah, founder and CEO of Fakespot.FakespotMarketplaces like Amazon and eBay host millions of third-party sellers, and their algorithms will often boost items in search based on consumer sentiment, which is largely based on reviews. But many third-party sellers use fake reviews often bought from click farms to boost their items, some of which are counterfeit or misrepresented to consumers.That's where Fakespot comes in. With its Chrome extension, it warns users of sellers using potentially fake reviews to boost sales and can identify fraudulent sellers. Fakespot is currently compatible with Amazon, BestBuy, eBay, Sephora, Steam, and Walmart."There are promotional reviews written by humans and bot-generated reviews written by robots or review farms," Fakespot founder and CEO Saoud Khalifah told Insider. "Our AI system has been built to detect both categories with very high accuracy."Fakespot's AI learns via reviews data available on marketplace websites, and uses natural-language processing to identify if reviews are genuine. Fakespot also looks at things like whether the number of positive reviews are plausible given how long a seller has been active.Fakespot, a startup that helps shoppers detect robot-generated reviews and phony sellers on Amazon and Shopify, used this pitch deck to nab a $4 million Series ANew twists on digital bankingZach Bruhnke, cofounder and CEO of HMBradleyHMBradleyConsumers are getting used to the idea of branch-less banking, a trend that startup digital-only banks like Chime, N26, and Varo have benefited from. The majority of these fintechs target those who are underbanked, and rely on usage of their debit cards to make money off interchange. But fellow startup HMBradley has a different business model. "Our thesis going in was that we don't swipe our debit cards all that often, and we don't think the customer base that we're focusing on does either," Zach Bruhnke, cofounder and CEO of HMBradley, told Insider. "A lot of our customer base uses credit cards on a daily basis."Instead, the startup is aiming to build clientele with stable deposits. As a result, the bank is offering interest-rate tiers depending on how much a customer saves of their direct deposit.Notably, the rate tiers are dependent on the percentage of savings, not the net amount. "We'll pay you more when you save more of what comes in," Bruhnke said. "We didn't want to segment customers by how much money they had. So it was always going to be about a percentage of income. That was really important to us."Check out the 14-page pitch deck fintech HMBradley, a neobank offering interest rates as high as 3%, used to raise an $18.25 million Series ARead the original article on Business Insider.....»»

Category: topSource: businessinsiderDec 16th, 2021

13 careers to consider if you"re interested in environmental science and the skills you need to succeed

There are dozens of career options in environmental science. Wildlife biologist, conservation officer, or science editor could be your perfect fit. A career in environmental science can help you make a difference in the world.CasarsaGuru/Getty Images Jobs in environmental science are viable career paths and crucial for the future of our planet.  If you studied environmental science, you probably have more transferable skills than you realize. Consider one option, environmental engineering, where you can make an average of $57,685 a year. You might be the kid who loved being outdoors, exploring the nearby woods, and collecting bugs in a jar or taking samples from the local pond to look at under your most prized possession: a microscope (you know, the one you'd never let your little brother so much as breathe near). Or maybe you were that, umm, let's say spirited, high school volunteer who led an effort to clean up a state park after you realized what all that litter was doing to the poor animals. Perhaps you watched in horror — in person or on TV — as a wildfire consumed a West Coast town or as Hurricane Maria battered Puerto Rico, killing so many that we still don't have an exact death toll.Whatever drove you to study — or consider studying — environmental science, you're well aware that the world needs you right now. Environmental science majors are prepared to take on our climate crisis, conserve natural resources and environments, lead the charge on renewable energy, and — not to be dramatic — literally save the planet.But as you're sitting in class, doing your labs, and trying to imagine your next steps, you might start to feel overwhelmed. "Can I really make a difference in a world that's burning and melting and only getting worse?" you might wonder. "There's so much to do, where would I even start?" The great thing is: There are so many options open to environmental science majors. But the problem is: There are so many options open to environmental science majors.You don't need a list of 734 possible jobs. But what you probably could use is a tailored list that digs into a few particularly promising career options — and maybe a quick look at some of the skills you've gained that will help you thrive in the workplace and what types of organizations and industries are looking to hire former amateur pond sleuths like you.Skills environmental science grads already haveAnybody who's completed college already has valuable skills for the workplace. And "environmental science degrees specifically provide an abundance of transferable skills," Alaina G. Levine, a STEM career coach, writer covering environmental science topics, and president of Quantum Success Solutions, LLC, a career consultancy focused on engineering and the sciences, said. Your degree has prepared you to work in basically any field you'd like, Levine said, whether you want to pursue a career related to environmental science or go in another direction.Here are a few of the transferable skills you likely gained:Communication and storytelling: Throughout your coursework, you learned to communicate by writing research proposals and reports, essays, and emails; discussing information with others in classes or group projects; and giving presentations. Environmental science majors often need to take complex topics and translate them into a compelling story that convinces people they need to care about something and take action, Levine said. You learn how to "mine data and distill it in a way your 'constituents' will understand," whether your constituents are your classmates, teachers, colleagues, managers, executives, policymakers, or the public.Marketing: Most environmental science programs won't mention that you're learning marketing skills, Levine said, but any time you're explaining the value of a project or even a natural resource, you're using marketing skills. "Marketing" might feel like a dirty word in the context of our planet, but it simply means crafting a message that convinces someone to take action. In environmental science, you might be persuading a company to put money or time into a new process that's more sustainable or writing a grant proposal where you're communicating the value of your research.Leadership: Many employers are looking for leadership skills in employees at all levels. Leadership "isn't just being appointed or anointed a leader," Levine said. It's any time you take ownership or initiative. Individuals have to lead "a team of one every day," and decide how to do their work productively and efficiently, Levine said. You'll also have to lead your own initiatives, programs, and/or research even as an early-career employee. You already got practice with these skills whenever you led a group project, coordinated resources to meet deadlines or budgets, or made decisions based on new information or data. Research: "Environmental science programs turn out students who are excellent in conducting research," Sara Hutchison, a career coach who's advised environmental science majors and has a degree in sustainable development herself, said. Students often have to study primary sources, read through compliance and legal documentation, collect their own data in the field, employ the scientific method, and write about their findings, all of which teach them strong research practices, such as how to select reliable sources and data. Even if you're not working in a research setting, these skills help you collect the information you need to solve problems. Speaking of which...Problem-solving: In addition to gathering the data they need and making autonomous decisions, environmental science students learn how to look at a problem from multiple perspectives, which "is an extremely valuable asset, both in scientific careers and less 'traditional' careers," Dr. Gemma Cassidy, who's hired and advised environmental science majors and is currently the senior journals publishing manager for Wiley, a large scientific-publishing company, said. For example, they may need to look at how an issue with air quality might be affecting different parts of an ecosystem and evaluate the economic costs of various solutions. Or in a very different context, they might consider how proposed upgrades to a software product might affect users.Risk assessment/management: Since environmental science students often need to conduct field research, they're practiced in risk assessment and management, Levine said. They may have to shift priorities or adjust plans either before going out in the field or on the fly due to risks like weather, wildlife, environmental conditions, or even other humans. For example, a dangerous storm may compromise your ability to safely collect water samples, so maybe you have to analyze the nearby soil instead or adjust your research timelines. You may also specifically study the possible risks to a certain population of frogs as the climate changes, for example. Risk assessment and management is useful whenever you're evaluating the best course of action for a given project or initiative.Computer skills: Like most fields, environmental science is increasingly relying on technology. During your coursework, you likely learned the computing skills needed to analyze and visualize data, build models or projections to predict outcomes, and possibly utilize AI and machine learning. These computer skills are highly sought after both inside and outside of the environmental science field."As a final point, graduates from an environmental sciences background likely have a passion for our planet, and how best to protect it," Cassidy said. Employers are always looking for workers who care deeply and are knowledgeable about what they'll be doing — and many organizations are hiring workers to help fight the climate crisis in particular.Where can environmental science majors work?When you're deciding where you'd like to work — whether that's a type of organization or a certain industry — Levine suggests thinking about your values and what drives you. "Do you want to protect the coastlines because you grew up in a seaside area?" Levine asked. Or would you like to help decrease the negative effects big companies have on our environment? Are there certain animals or plant life you want to protect? Are you interested in maintaining and improving public health? Do you want to directly affect policy?Here are some of the common industries and types of organizations where environmental science majors work:Local, city, state, and federal governmentMunicipalities and utilitiesNonprofit organizationsEducationMuseumsEnergy (both renewable energy companies and traditional fossil fuels companies looking to decrease their environmental impact)Manufacturing and safetyFood productionReal estate developmentPublishing and mediaPublic healthZoos, aquariums, national parks, and other conservation centersBut this list is far from exhaustive. More and more organizations are prioritizing sustainability in their day-to-day operations, Cassidy said. As a result, those with environmental science degrees are needed "across the board." Many environmental science careers might feel "hidden," Levine said, but you can find them through networking and environmental professional organizations such as the National Association of Environmental Professionals (NAEP).Even if you don't want a career in environmental science, "​​The degree you pick to complete in college does not define the career you will pursue," Hutchison said. So don't feel boxed in.13 jobs and careers for environmental science majorsBelow you'll find 13 jobs and careers you can pursue with an environmental science degree (and you can click on the links to search for current openings on The Muse). Many of these jobs can be found in multiple or all of the above industries or types of organizations and you can specialize according to your area of focus or interest. For example, you can be an environmental science technician for a real estate company that studies the effects different developments may have on the water in a local ecosystem or you might be an environmental consultant who specializes in helping manufacturers decrease the air pollutants produced by their work.Unless otherwise noted, all salary information is from PayScale.com. (Note that PayScale's database is updated nightly; the numbers below reflect figures as of November 2021.)1. Environmental educator or environmental science teacherAverage educator salary: $51,316Average secondary school teacher salary: $50,038Environmental educators come in multiple forms. You may choose to become a secondary school teacher in either environmental science or a smaller subset of the subject such as oceanography, or you might work for a museum, national park, zoo, or other conservation center or program.Regardless, environmental educators teach others about the environment and issues facing it — plus how they as individuals can help. For example, Hutchison once worked as a tour guide for a local cavern. "Sharing my passion for the environment with children and tourists was amazing," Hutchison said. "I loved how it opened their eyes to why they should clean up their pet waste or not pollute waters because all that goes downstream into a cave like ours."The qualifications you'll need to be an environmental educator depend on exactly where you'd like to work. If you'd like to be a secondary school teacher, you may need to take education classes or obtain a master's degree depending on which state you'd like to teach in.Find environmental educator or teacher jobs on The Muse2. Environmental engineer or environmental engineering technicianAverage environmental engineer salary: $66,621Average engineering technician salary: $57,685Environmental engineers design, plan, and build systems that improve or monitor the environment. They also collect and/or analyze scientific data and conduct quality control tests to inform or adjust their plans. For example an environmental engineer may be responsible for designing a new water treatment center, equipment that reduces the pollution a factory releases, a sustainable recreational attraction, or a building that minimally disrupts the environment. Meanwhile, environmental engineering technicians and technologists carry out the plans that environmental engineers create."If you really like building things, deploying applications, and seeing the work you do transform people's lives directly," you might consider one of these careers, Levine said.If you haven't already completed substantial engineering coursework alongside or as part of your major, you may need to complete a master's in engineering — but it depends where you'd like to work. However, engineering technician jobs often don't require engineering-specific degrees (though you may still need an OSHA certification).Find environmental engineer and environmental engineering technician jobs on The Muse3. Environmental scientist and environmental science and protection techniciansAverage environmental scientist salary: $52,680Average environmental technician salary: $43,485These professionals conduct research, experiments, field work, and tests to monitor or discover more about the environment. Environmental scientists may propose new research and design experiments with the goal of evaluating, preventing, controlling, or fixing environmental problems.Environmental science and protection technicians are often responsible for conducting tests in the field and reporting findings to a scientist, municipality, or any other entity that's monitoring environmental conditions. For example, you may be responsible for gathering and testing water samples to make sure a nearby company is not compromising the ecosystem or you might work for a city government, continuously monitoring air quality.You can focus in a myriad of areas in environmental science such as microbiology, ecology, oceanography, or geology. In order to become an environmental scientist, you'll need a master's degree or PhD in your chosen area of focus, but technicians can often land jobs with bachelor's degrees in environmental science.Find environmental scientist, environmental science technician, and other environmental science jobs on The Muse4. Wildlife biologistAverage salary: $50,186Wildlife biologists are a subset of environmental scientists that focus specifically on animals and other wildlife and how they interact with their environments. They may conduct studies on animals in their natural habitat or in zoo or sanctuary environments and/or monitor threats to populations and come up with ways to mitigate them. Wildlife biologists often focus on specific types of animals or plants.Depending on where you'd like to work, you can often find an entry-level position with a bachelor's degree in environmental science, but to advance and/or conduct independent research you'll need to obtain a PhD.Find wildlife biologist jobs on The Muse5. Environmental health and safety specialistAverage salary: $64,210Environmental health and safety (EHS) specialists study how different environmental conditions affect human health, protect the health and safety of individuals and ecosystems by setting regulations and guidelines, and ensure compliance with these regulations and guidelines. They may work for governments or other oversight organizations to set and enforce safety and environmental standards for geographic areas or industries, or they might work for individual companies to ensure the safety of work processes and the company's overall sustainability.You can often get these jobs with a bachelor's degree, though some employers will require that you obtain relevant safety certifications for their industry.Find environmental health and safety specialist jobs on The Muse6. Conservation officerAverage salary: $44,667Conservation officers, also known as park rangers, manage state and national parks, forests, and other wildlife areas. They are responsible for the safety of guests and wildlife as well as the conservation of the area. Conservation officers may also maintain campgrounds, trails, and other facilities; manage programs for the public; answer questions; and address and correct possible risks to the environment or guests. If you love being outside and interacting with the public, this could be the job for you. You can land a job as a conservation officer with a bachelor's degree in environmental science.Find conservation officer and park ranger jobs on The Muse7. Recycling coordinatorAverage salary: $53,705Recycling coordinators and officers oversee the way recyclables are handled by an organization or municipality. For smaller companies or schools, this might be part of a broader role, but for larger entities, overseeing recycling efforts could be your full-time job."It's no longer about making signs for the recycling cans," Hutchison, who was previously a recycling coordinator for a university, said. "It's about waste trucks, dumpster pulls, procurement of containers, writing [requests for proposals to] vendors, endless spreadsheets on waste to create baselines for reduction goals, and hosting field trips for the local classrooms." Basically, you need to make sure all the recycling gets sorted properly, picked up, and transferred to the appropriate facility so that the material can be reused, all while advocating for the program and encouraging individuals to participate.If you're super organized and want to help decrease the amount of waste going to landfills, this could be a job for you. Hutchison snagged her role right out of college — so there are entry-level opportunities.Find recycling coordinator and other recycling positions on The Muse8. Environmental consultantAverage salary: $58,387In general, consultants evaluate client companies and their departments and processes; analyze their findings; and propose solutions to solve problems, save money, or increase efficiency. Environmental consultants specifically focus on sustainability and environmental impact. For example, they might suggest ways for companies to reduce their carbon footprints or advise them on how to better use and dispose of hazardous materials.Consultants often work for consultancies or as freelancers. If you want to help companies increase their sustainability and curb emissions or waste, this career could be a great fit. You can often get these jobs with a bachelor's degree.Find environmental consultant jobs on The Muse9. Environmental policy analystAverage policy analyst salary: $60,216Environmental policy analysts research, analyze, and evaluate the effects an existing or proposed law, regulation, or program will have on the environment, people, wildlife, or any other facet of society. These jobs involve "packaging research in a way that can be used in policy to make laws and regulations that will make a difference," Levine said. So if you want to have a direct effect on what companies and individuals need to do to curb climate change, for example, a career in environmental policy may be for you.You may be able to find an entry-level position with a bachelor's degree in environmental science (look for federal, state, and local government fellowships and programs specifically designed for this) — but you could need further education to progress in your career.Find environmental policy analyst jobs on The Muse10. Science editorAverage salary: $60,499Science editors put together academic journals or textbooks consisting of science information and new discoveries, research, and studies. Depending on your role and career level, you may be responsible for copyediting and formatting articles, assigning and editing articles or book sections, or assessing original research and coordinating peer reviews of it. Scientific publishing "is a great career for those who feel passionately about the science but want to step away from being the ones doing the research themselves," Cassidy said. "Working on academic journals gives you a front-row seat to new, cutting-edge research, and working with editors and academic societies can be very inspiring."While an environmental science degree will give you the scientific background you need to understand the research, you'll also need strong writing and editing skills to pursue this career.Find science editor and other editing jobs on The Muse11. Science communications specialistAverage communications specialist salary: $54,008While this might sound like a similar role to science editor, science communicators work across industries and mediums. No matter what your focus is, though, all science communications specialists have the same goal: sharing often complex information about science (or the environment) in a way that the intended audience understands it, cares about it, and knows what to do about it. Depending on where you work, you may write press releases, website or social copy, TV, radio, or online video scripts, or reported and researched articles; create infographics, videos, pamphlets, and other presentations; or produce educational materials for schools, museums, and other programs.Your background in environmental science will give you the technical know-how you'll need and lend you credibility, Levine said. You may also need strong writing skills, social media savvy, video production knowledge, or graphic design chops, depending on the roles you'd like to pursue. You may find jobs for science or environmental nonprofits, departments, or organizations labeled "communications specialist," "communications coordinator," or similar, but you should also search for roles that describe the specific work you'd like to do, such as "copywriter," "video editor," or "social media manager" at companies that focus on an area of the environment or science you're passionate about.Find science communications specialist jobs and science communication jobs on The Muse12. Data analystAverage salary: $61,881Data analysts collect, organize, and interpret large amounts of information in order to solve problems or make recommendations. They may also be responsible for creating projections, models, or data visualizations.You can find these roles at companies across many industries, so if you'd like to work for a company focused on some aspect of the environment, you can. For example, you might analyze the data from a large number of water samples taken along a coastline to look for patterns for a clean water–focused nonprofit.But as an environmental science graduate, you likely have the data knowledge you need to seek a position in a different field entirely — particularly if you can demonstrate coding experience, which employers are increasingly looking for in data professionals. You can also take online classes or look into a data science bootcamp to boost your skills. A bachelor's degree is usually the only education requirement for entry-level roles, but you may need a master's degree for more senior roles.Find data analyst and other data jobs on The Muse13. Marketing analystAverage salary: $57,134Marketing analysts evaluate data, prices, markets, strategies, and customer bases to answer marketing questions or solve issues either for the company they work for or for a client company. If you have an environmental science degree but you're interested in something outside of that field, marketing analysts are needed in every industry. For example, you could find a marketing analyst job for a renewable energy company that sells solar panels to individual homes or you can find a position for a tech company working on a productivity app.With the storytelling, data analysis, research, and marketing skills you gained from your coursework, you can likely find an entry-level marketing analyst job right out of undergrad.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderDec 12th, 2021

68 of the best gifts for dads, from personalized football jerseys to a do-it-all smartwatch

We've rounded up a huge selection of gift ideas for Dad, no matter if he's into personalized football jerseys, the perfect steak, or a pair of boots. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.Harry's Shave Club Dads can be notoriously difficult to shop for, especially if yours doesn't offer many hints of what he wants. We found the best gifts for Dad, whether for Christmas, his birthday, Father's Day, or another milestone.  From a Sirloin of the Month club to a massage gun, these gift ideas are sure to be a big hit.  If you're searching for the perfect gift for Dad but coming up empty, don't stress; we've done the hard work for you and compiled the absolute best gifts that he'll love no matter the occasion. Whether it's a gift for Christmas, an idea for his birthday, or just a thoughtful way to show your love, we found a number of unique gift ideas that are sure to impress even the toughest Dads to shop for.From a monthly steak subscription to a new record player or a comfy pillow, you can't go wrong with any of the gifts on this list.Here are 68 of the best gifts for DadThis list includes a Sponsored Product that has been suggested by REI. It also meets our editorial criteria in terms of quality and value.*Modern over-ear headphonesAntonio Villas-Boas/Business InsiderSony WH-1000XM4 headphones, $349, available at AmazonThese over-ear headphones from Sony are a must-have for frequent travelers as they have incredible noise cancellation that does well to drown out drum of a car engine or airplane. They also deliver clear audio which is perfect for when Dad wants to jam out to his favorite album or catch up on some podcast episodes.A self-filtering water bottleHydrosHydros Water Filter Bottle, $20, via HydrosThe Hydros Water Filter Bottle is like gifting Dad his own portable Brita. The bottle filters any water poured into it, reducing the amount of chlorine and sediment; plus, the filter is reliable through at least 40 gallons of liquid. It'll be any on-the-go Dad's go-to. A gift card for all things outdoorsREIREI Gift Card, from $10, available at REIFrom hiking and biking gear to vital cold-weather staples, REI is home to nearly anything and everything Dad could need this winter. Save up to 30% through December 20 during the Holiday Warm Up Sale.*Sponsored by REICoasters with the classicsUncommon GoodsUpcycled Record Coasters, $18, available at Uncommon GoodsDad can reminiscence about his favorite jams while enjoying a drink with these coasters made from reclaimed records. The discs are specially sealed so moisture won't seep through and damage the surface.An Audible subscriptionAudible/Business InsiderAudiblePlus subscription, from $7.95 per month, available at AudibleWith an Audible subscription, Dad gets unlimited access to thousands of audiobooks and podcasts. Plus, you can even have Dad test it out first with a free trial.A gift subscription to a popular coffee clubAtlas Coffee ClubAtlas Coffee Club 3-Month Gift Subscription, $50, available at Atlas Coffee ClubIf your dad's veins run dark roast, a coffee gift won't go unused. We recommend a subscription to the Atlas Coffee Club, which curates a global selection of single-origin coffee that gets freshly roasted and shipped to your house from $9 per bag. Read our full review of the Atlas Coffee Club here. A massage gun to use after working outTheragunTheragun Mini, from $199, available via TherabodyWhether Dad wants to recover after a grueling workout or just wants to be his own personal, at-home masseuse, a massage gun is an excellent gift. This model, Theragun's Mini, is our pick of the best entry-level massage gun, as it has a modest price tag yet still comes standard with a number of features found on more expensive, premium options. An easy way to open wineConnie Chen/InsiderSecura Electric Wine Opener, $26.99, available at AmazonDad can open his wine hassle-free with this gift. The sleek, fast-charging, and cordless wine opener can pull out 30 corks on one charge, making it our choice for one of the best electric wine openers. All Dad has to do is push a button and it does all the work.A tiny tag to ensure he never loses his valuablesAppleApple AirTag, $29, available at AppleIf dad tends to frequently misplace his key, wallet, or other valuables, help him out by gifting him a handy AirTag. The tags can be placed on just about any item and will connect to his phone so he can easily keep track of his stuff via the Find My app. For an extra personal touch, you can even get it engraved for free.Breathable and machine-washable sneakersAllbirdsAllbirds Wool Runners, $95, available at AllbirdsThese merino wool sneakers from Allbirds, Silicon Valley's favorite shoe brand, are the perfect mix of sporty and stylish. They come in tons of colors and are even machine washable.Read our full review of Allbirds Wool Runners here.A mat to help with dad's short gameAmazonRukket Tri-Turf Golf Hitting Mat, $99.99, available on AmazonFor the dad who loves to golf, this is one of the best golf hitting mats to help improve his short game from home. This compact, portable practice aid features three turf heights, to simulate rough, fairway, and close-cropped "collar" turf.A stylish and sporty fanny packState BagsLorimer Fanny Pack, $85, via State BagsIn case you hadn't heard, fanny packs are back and the Lorimer from State Bags is the best way to get Dad back on-trend. It's water-resistant, available in five colors, and is just understated enough to be a casual yet stylish foray into wearing a funny pack again.A digital picture frame to display his favorite memoriesAuraAura Carver Digital Picture Frame, $169, available at AuraSometimes, all Dad wants is something sentimental and personal. A digital picture frame is the perfect gift for Dad because it means he can view his favorite photos from a single device. As long as the frame is hooked up to WiFi, your dad can enjoy the photos you've carefully curated, all day long in his office or home. You can hear about our experience with another Aura frame, here.A compact gas grillThe Home DepotDyna-Glo 3-Burner Open Cart Propane Gas Grill, $119, available at Home DepotIf owning a grill is one of your dad's long-standing dreams, this one from Dyna-Glo is the one to get him. The best part is that it doesn't cost an arm and a leg. We've also put together a complete guide to grilling products, if you're looking for more grilling gifts for Dad. A monthly subscription for the bookworm dadBook of the MonthBook of the Month Subscription, from $49.99, available at Book of the MonthIf your dad's always on to the next page turner, he'll love getting a new book delivered straight to his doorstep each month. We think it's the ideal gift for Dad and even rank it as the best for bookworms in our guide to the best subscription boxes. A workout shirt he won't want to take offVuoriVuori Strato Tech Tee, $44, available at VuoriRegardless of whether Dad's a fitness guru or novice, an essential part of working out is the gear itself. Vuori makes extremely soft, comfy, and functional activewear. Our team loves the brand and has even dubbed it the best overall in our guide to the best men's workout clothes. Read our full review of Vuori clothing here. A garden tool set for the dad with a green thumbCutcoCutco 4-Piece Garden Tool Set, $103, available at CutcoIf gardening is one of your dad's favorite pastimes, this set has everything he could need when working outside. Each garden tool has a comfortable grip handle, a durable head, and depth marks. Tools are only one part of what he might need for his gardening adventures, so make sure to also check out our guides to the best gardening tools and best gardening tools for beginners.His new go-to summer shortsBuck MasonDeck shorts, $85, available at Buck MasonAvailable in four neutral color options, as well as in a six-inch and eight-inch length, these classic shorts are sure to become a staple wardrobe piece for dad this summer. Made from a lightweight, quick-drying cotton blend, these shorts are comfy and chic on land, but can also get wet and even act as swim trunks.  A pair of durable, all-weather bootsAllen EdmondsHiggins Mill Weatherproof Boot, $445, available at Allen EdmondsThe Higgins Mill Weatherproof Boot from Allen Edmonds is a do-it-all boot that fends off inclement weather, looks good at the office or out on the town, and is built to last for years. It's an investment piece type gift for Dad who will no doubt crown them his new favorite boots after unboxing a pair this holiday season. Personalized vinyl wall artUncommon GoodsPersonalized LP Record, $150, available at Uncommon GoodsCommemorate his birthday, anniversary, or any holiday with this custom record art. Made from an upcycled vinyl LP and suspended in a floating frame, this custom wall art can feature the soundtrack to their life or songs you share together. Choose from two retro designs, title the record, and add up to five personal song titles. A two-step skincare regimenAmazonBrickell Men's Daily Essential Face Care Routine II, $57, available at AmazonTime to up Dad's skincare game. Created specifically for men, the startup has become a favorite skincare brand for Reviews senior reporter Amir Ismael because it's simple and effective. Each product uses high-quality natural and organic ingredients. The charcoal works great for deep pore cleansing without the long, drawn-out process, earning it a spot on our list of the best skincare brands in 2021.An electric toothbrushWalmartPhilips Sonicare ProtectiveClean 4100 Rechargeable Electric Toothbrush, $39.95, available at WalmartHelp him ditch the manual toothbrush with Philips Sonicare, whose brushes are gentler on teeth and give brighter results over time. We recommend this one for its powerful cleaning and movements-per-minute. Plus, the rechargeable toothbrush is better for the environment.A personalized video message from his favorite starCameo/Business InsiderCameo Personalized Video Message, from $10, available at CameoYou can choose from thousands of actors, athletes, and musicians and get Dad a personalized video message from his favorite star. For a gift that also gives back, search for celebrities donating some of the proceeds to charity. Or, opt for a funny and festive option like a Buddy the Elf impersonator. You can read our full breakdown of Cameo here.A leather iPhone wallet caseEtsyLeather Wallet Case, from $28.40, available on EtsyGet Dad a protective and stylish case for his iPhone that can also double as a handy wallet for storing cards. You can even get personalized with Dad's initials for an extra special touch. The case is available for iPhones ranging from the 6S to the 12 Pro Max. A smart watch to track his fitness goalsAmazonSuunto 7, $399, available on AmazonFor a worthy splurge for the fitness-obsessed dad, the Suunto 7 is a feature-rich and highly accurate smartwatch that offers tracking for more than 70 different activities, is comfortable to wear, and offers useful training feedback anyone can benefit from. It can also give alerts for texts, emails, and has numerous other handy smart features dad will surely appreciate. We even named it the best running watch you can buy.Read our full review of the Suunto 7 here.A mask fit for athletesUnder ArmourUA Sportsmask, $30, available at Under ArmourIf Dad loves his fitness routine but is often frustrated by working out with a mask on, the Sportsmask is a useful solution. This mask from Under Armour was specifically designed for high activity, and its water resistance, breathability, and UPF 50+ sun protection all lend well to making his workout routine more comfortable.A handy duffel bagAwayThe Weekender, $215, available at AwayIf your dad is a frequent traveler or gym-goer, he'll love this versatile duffel bag from Away. It's available in canvas or nylon, has a separate compartment for shoes, and a handy sleeve that slips over a carry-on handle.Read our full review of the Away Weekender here. A cookbook from his favorite burger jointAmazon/Business Insider"Shake Shack: Recipes & Stories," $16.38, available at AmazonIf your dad is a fan of Shake Shack, he'll love this cookbook that will teach him how to make his very own ShackBurger.A keepsake he can use for years to comeUncommon Goods/Business InsiderTicket Stub Diary, $14, available at Uncommon GoodsConcerts, museums, sporting events, or movies — regardless of what Dad's passionate about, this handy journal makes for efficient storage of sentimental memories that could otherwise get stained or ruined. With 118 ticket sleeves, there's plenty of room for upcoming memories as well.A set of quality merino wool socksBombasMen's Merino Wool Calf Sock 8-pack, $136.80, available at BombasThey may just seem like a basic, everyday accessory, but socks are among the most underrated gifts you can give. Dad will love these Bombas socks made from soft and warm merino wool. You can hear more about why we love this brand and its products in our review of Bombas socks. A health and ancestry genetic test kit23andme23andMe Health and Ancestry Genetic Test Kit, $199, available at 23andMeThis genetic test kit from 23andMe is great for the dad who's interested in learning more about his family history. You can learn more about all this kit has to offer in our guide to the best DNA test kits. A Disney Plus subscriptionAlyssa Powell/Business InsiderDisney Plus gift subscription, 1-year subscription for $79.99It gives Dad unlimited access to movies and shows from Disney, Pixar, Marvel, Star Wars, National Geographic, and 20th Century Fox. Read everything there is to know about Disney Plus over here.And if he needs some binge-spiration, here are all the new movies available to stream.A colorful swimsuitTom & TeddyTom & Teddy Men's Swim Shorts, from $64.94, available at Tom & TeddyMade from super-soft, quick-dry fabric, these swim trunks will make dad the star of your next beach or pool day. They come in an array of colors and prints, and you can even get matching father-and-son swim short sets.A beer growler for sipping at homeHouzzPersonalized Craft Beer Growler, $43, available at HouzzNow, Dad can take his favorite ales home with him to enjoy. This 64 oz growler comes personalized with his initials on it and includes four mini pilsner glasses.Soft, crisp sheets and beddingBrooklinenBrooklinen Classic Hardcore Sheet Bundle, from $198, available at BrooklinenBrooklinen's luxe sheets are among our favorites for their affordable price, sophisticated look, and unbelievable comfort.The company's Hardcore Sheet Bundles have everything your dad needs to completely makeover his bed — and stay nice and cozy all year long. They include a flat sheet, a fitted sheet, a duvet cover, and four pillowcases. Brooklinen also sells comforters, pillows, candles, and blankets. Read our full review of Brooklinen sheet here. A custom whiskey glassBRVOglass/EtsyPersonalized Whiskey Glass, $18.90, available at EtsyGreat for new dads, this custom, hand-etched whiskey glass can boast his proudest title alongside the year he became a father. Photos from reviewers go to show that this glass isn't just for whiskey, recipients have gotten creative by storing candy and other small gifts in their glasses.A subscription for steaksAmazingClubsSirloin of the Month Club, from $103.95 per month, available at AmazingClubsMeat lovers will enjoy sinking their teeth into a premium cut of sirloin. Each month Dad will receive a mouth-watering selection of premium steaks curated by experts and shipped fresh right to his door. Choose from subscription options of three months, six months, 12 months, or every three months.A SodaStreamAmazonSodaStream Fizzi One Touch Sparkling Water Machine, $86, available at WalmartThe SodaStream Fizzi lets you turn plain water into sparkling water in just a few seconds. Dad can adjust the fizziness and flavor level to his personal taste. We even named it the best overall in our guide to the best soda makers. A classic stovetop espresso makerAmazonBialetti 9-Cup Stovetop Espresso Maker, $49.95, available at Crate & BarrelThis classic kitchen accessory is perfect for the coffee-loving dad who wants to bring cafe-quality coffee home. The Bialetti stovetop espresso maker not only makes great coffee, but it looks great on the counter. We made sure to include its 6-cup counterpart in our guide to the best stovetop espresso makers, as the best overall pick. The Amazon Echo ShowAmazonAmazon Echo Show 5, $49.99, available at AmazonThere's an ever-so-slight learning curve in figuring out what Amazon's Alexa can and can't do, but once that's passed, the Echo Show can forecast the weather, read an audiobook, order a pizza, tell jokes, or any number of things Dad should find charming. Unlike the Echo or Echo Dot, the Echo Show also has a screen for displaying information.A device that improves golfing skillsAmazonArccos Caddie Smart Sensors, $179.99, available at AmazonIf your dad is a big golfer, this performance-tracking system is a fun addition to his golf bag.A durable backpack and cooler comboCarharttCarhartt Medium Pack + 3 Can Insulated Cooler, $74.99, available at CarharttMade from a durable 500 denier Cordura ripstop material, this Carhartt backpack is perfect for outdoorsy dads. The included 3-can cooler is a great addition that'll let him carry a few cold brews on his fishing or camping trips.A custom map posterGrafomapGrafomap Custom Map Poster, from $49, available at GrafomapGrafomap is a website that lets you design map posters of any place in the world. You can make one of your dad's hometown, his college town, his favorite travel destination, or the place where he got engaged or married — you're only limited by your imagination. A gift card for the sports fanFanaticsFanatics gift card, from $10, available at FanaticsIf Dad's nostalgic for his college days or loves gearing up for his favorite sports season, give him the gift of variety with a Fanatics gift card. Fanatics is home to apparel, accessories, and memorabilia for just about every major sports team you can think of. A luxurious shave kitHarry'sHarry's Winston Shave Set, $25, available at Harry's (+ $15 for monogram)This shave set from Harry's is as sleek as it gets at this price. To go the extra mile, you can get his initials engraved into the razor. You can hear more about this set in our guide to the best shaving kits. A freshly scented beard wash and conditioner setThe Art of ShavingThe Art of Shaving Beard Wash and Conditioner Set, $30, available at The Art of ShavingSoap and water can leave his facial hair dry and scratchy. Bearded dads need this soothing beard wash and conditioner set from The Art of Shaving in their lives. A sous-vide device for ambitious home cooksAmazonAnova Nano Sous Vide, $129, available at TargetFor under $100, the Anova sous vide is a reasonably priced investment that just might change Dad's life for the better. Not only will it boil and poach eggs with ease, it'll also produce tender, perfectly cooked meat every time. It's so good that we name it the best overall pick in our guide to the best sous vide machines. A cozy and supportive pillowLeesaLeesa Pillow, $79, available at LeesaGive the gift of a good night's sleep with this luxurious and supportive pillow from mattress startup Leesa. A 10-pack of soft and stylish underwearAmazonMeUndies Men's Boxer Brief 10-Pack, $170, available at MeUndiesMade from MicroModal and elastane, MeUndies claims its underwear is three times softer than cotton. We think its boxers are so comfortable they'll blow Dad's mind. You can learn more about MeUndies in our guide on where to shop for men's underwear. Comfortable and stylish jeansMott & BowMott & Bow Wooster Dynamic Stretch Jeans, $118, available at Mott & BowGive the gift of good style with jeans from Mott & Bow. For more styles from the brand, check out our review of Mott & Bow's stretch-denim jeans. Amazon's new waterproof Kindle PaperwhiteAmazonAmazon Kindle Paperwhite, $129.99, available at AmazonIf your dad is tired of lugging around heavy hardcovers, the Kindle Paperwhite is an extremely thoughtful and practical gift. The latest version is now waterproof too. Read our full review of the Amazon Kindle Paperwhite here. A hot sauce sampler packAmazonThe Good Hurt Fuego Hot Sauces Sampler Pack, $34.99, available at AmazonIf you're not quite sure what kind of hot sauce your dad likes, or if he isn't committed to this or that variety of the spicy stuff, then The Good Hurt Fuego Hot Sauces Sampler is a great gift idea. It features sauces made with peppers that come from India, Mexico, and beyond, and it has flavors ranging from Chipotle Pepper to Garlic Herb to Whiskey Habanero.A personalized sports jerseyMLB ShopMLB Shop Custom Men's Jersey, from $149.99, available at the official MLB ShopNFL Shop Custom Men's Jersey, from $30.24, available at the official NFL Shop The sports-loving dad won't want to take this jersey off. At the MLB Shop and NFL Shop, you can order a personalized jersey with your dad's name on the back.An at-home workout systemTRXTRX Suspension Trainer Basic Kit, $167.95, available at Amazon For the active dad, you can bring the gym home with this TRX trainer.A durable, temperature-maintaining water bottleHydroflask InstagramHydro Flask 32 oz Wide Mouth, from $44.95, available at Hydro FlaskHydro Flasks are great for any situation, from camping to commuting. This durable, insulated water bottle does a masterful job of making sure drinks keep their temperatures.A modern turntableU-Turn AudioU-Turn Audio Orbit Special Turntable, $459, available at U-TurnThis turntable is the sleek home accessory your dad didn't know he needed. He can bring his old records out of storage and enjoy them with this modern record player. A subscription service for new vinyl every monthVinyl MeVinyl Me, Please 3-Month Gift Membership, $119, available at Vinyl Me, PleaseEvery person's vinyl collection is deeply personal, so instead of trying to guess his taste, let him choose the record himself. Each month, he'll choose and receive one LP, pressed exclusively for Vinyl Me, Please, from a collection of Essentials, Classics, and Rap & Hip Hop.The three-month gift membership includes one bonus record, while the six- and 12-month ones include two bonus records.A streaming TV playerAmazonRoku Ultra, $69.99, available at TargetA media streaming device can transform your dad's so-called dumb TV into a smart one that plays shows and movies from Netflix, Hulu, HBO Now, Prime Video, and other streaming services. The best of the bunch is the Roku Ultra with its easy-to-use interface and 4K video streaming.Read our full review of the Roku Ultra here. A nice tieThe Tie Bar/Business InsiderMen's Neckties, from $18, available at Tie BarNeckties might be a cliché gift for dads, but The Tie Bar makes some handsome ties that he'll actually wear on a regular basis. You'll find plenty of colors, patterns, and styles — and the best part is they're all affordably priced.A handy multi-functional toolAmazonLeatherman OHT Multi-Tool, $89.95, available at B&H PhotoThis multi-functional tool does it all, plus it has a 25-year guarantee.A fast wireless charger and accessory trayCourantCatch:3 Charger Tray, $122.50, available at Staycourant.comGive your dad the gift of organization with this accessory tray and wireless charger combo. The pebbled leather is a much-needed upgrade from all the plastic tech accessories he has lying around, and the catchall tray is useful and thoughtful. It also means he'll stop asking you where his keys are three times before leaving the house. Stylish computer glassesFelix GrayFelix Gray Blue Light Computer Glasses, from $95, available at Felix GrayIf he sits in front of a computer every day, he needs these blue light glasses that increase magnification, reduce glare, and filter out blue light in order to reduce eyestrain. They're also available with prescription lenses — we tried them and loved them.Read our full review of Felix Gray blue light computer glasses here. Apple AirPodsAmazonApple AirPods with Wired Charging Case, $128.98, available at AmazonSome of the best gifts are items that can be used every day — and AirPods fall into that category. Whether your dad likes listening to music and podcasts or prefers to talk on the phone hands-free, AirPods will quickly become an essential item for him. You can learn more about the different versions in our guide to the best AirPods. A ceramic pizza stoneWiliams SonomaEmile Henry Pizza Stone, $54.95, available at Williams SonomaHomemade pizza is delicious, but it can be tricky to perfect. This ceramic pizza stone will make sure his pizza comes out perfectly cooked every time.An iPadAppleApple iPad (Latest Model with Wi-Fi, 32GB), $329.99, available at Best BuyTech-obsessed dads will love to get their hands on the latest iPad. For more information on the different iterations, check out our guide to the best iPads. A leather iPad caseLeatherologyLeatherology iPad Portfolio, from $190, available at LeatherologyThis leather iPad portfolio comes in 17 colors, so there's sure to be one that your dad will like. You can even get it monogrammed for an extra personal touch. A durable and waterproof speakerUrbanearsUrbanears Rålis Portable Bluetooth Speaker, $199.99, available at UrbanearsThe Rålis is Urbanears' first portable Bluetooth speaker and it sounds as good as it looks. It's a little pricey, but the sound quality is impressive enough to warrant the cost.An alarm clock that uses light to wake him up gentlyAmazonPhilips Light Alarm Clock, $99.99, available at AmazonJust because Dad has to wake up before the sun rises doesn't mean he has to awaken to the blaring of an obnoxious alarm clock.Philips makes a lovely alarm clock that gradually lights up to mimic the sunrise and wake him up naturally. The light alarm clock also displays the time and has customizable sounds so he can wake up feeling rested and ready for the day. This clock is also one of the top picks in our buying guide, so you can be sure he'll love it.Read the original article on Business Insider.....»»

Category: worldSource: nytDec 10th, 2021

9 of the best places to buy men"s pajamas, from buzzy startups to heritage brands

A good pair of pajamas can improve your quality of sleep. Whether you need a pair to keep you cool or cozy, these are the best men's pajamas in 2021. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.SaxxStudies show a good night's sleep is vital for your physical and mental health, and general quality of life. If you're one of the 73% of U.S. adults who sleep in some sort of pajamas, it may be time to rethink the material your pjs are made from. If you don't currently sleep in pajamas, you might want to reevaluate that choice. There's now growing evidence that what you decide to sleep in may play a role in how well you sleep. Different fabrics interact with our bodies in different ways and that means finding the right pajamas for your body and even the season can help with getting better ZZZs. The innate properties of a pajama's fabric are key to finding yourself the perfect pair, according to the non-profit National Sleep Foundation. Some may want materials like merino wool to wick moisture and regulate temperature, while others prefer modal made from beech tree pulp and organic cotton for eco-friendly options.Regardless of your preferred pajama style, the below brands are the best places to shop for sleepwear. Just note that, while this guide is geared towards men's sizing, anyone can wear these pajamas regardless of gender. Be aware that they have a roomier cut than many pjs labeled under women's sizing, so if you're looking for slimmer cuts, check out that guide. These are the best places to shop for men's pajamas in 2021:MeUndiesMeUndiesSizing options: S-4XLMeUndies is best known for its fun, colorful, and size- and gender-inclusive underwear, but its collection of pajamas boasts all the same features. Available in long sleeve and short sleeve options, MeUndies pajamas are all made from an incredibly soft modal material.Whether you're interested in classic solids, a plaid or tartarn pattern, or a vibrant all-over print, you'll find something you like — and you can get matching sets for all genders if you want to match your family and friends.MeUndies also makes comfortable lounge pants and joggers that can double as sleepwear. — Amir Ismael, Insider Reviews senior reporterRead our full review on MeUndies loungewear here.What to buy: MeUndies Men's Longsleeve Modal PJ Set$98.00 FROM MEUNDIESMeUndies Men's Shortsleeve Modal PJ Set$88.00 FROM MEUNDIESMeUndies Men's Lounge Pant$47.60 FROM MEUNDIESOriginally $68.00 | Save 30%MeUndies Men's Modal Jogger$68.00 FROM MEUNDIESTommy JohnTommy JohnSizing options: S-XXLTommy John is another underwear brand that has transitioned into all things apparel, including pajamas.As one of Insider Reviews' most recommended underwear brands (and my own personal favorite), Tommy John succeeds at using different materials for different comfort needs. From traditional cotton blends to the brand's proprietary Second Skin fabric made from a silky smooth modal, these PJs are designed to fit your preferences.Tommy John's products are expensive, but they're well worth it. It's one of the few brands that I've continued to spend my own money on after receiving sample products for test purposes. — Amir Ismael, Insider Review senior reporter What to buy:Tommy John Men's Long Sleeve & Pant Pajama Set$142.00 FROM TOMMY JOHN Originally $158.00 | Save 10%Tommy John Men's Second Skin Sleep Pocket Tee & Pant Pack$113.00 FROM TOMMY JOHNOriginally $126.00 | Save 10%BrooklinenBrooklinenSizing options: XS-XXLBrooklinen is hands-down the most popular online bedding startup. Whether you own a pair of Brooklinen's sheets or not, you've probably seen ads for them everywhere, from subway stations to Instagram. But what you may not have seen is the loungewear.When I first received Brooklinen's Prospect Tee and Bergen Joggers to test, I didn't expect much — after all, it was just a T-shirt and a pair of sweatpants. To my surprise, I was totally impressed with just how soft Brooklinen's garments were.Another benefit of wearing loungewear as pajamas is that that you can roll out of bed and still be presentable enough to step outside. — Amir Ismael, Insider Reviews senior reporterRead our full review on Brooklinen loungewear here.What to buy:Brooklinen Prospect Tee$23.80 FROM BROOKLINENOriginally $28.00 | Save 15%Brooklinen Bergen Joggers$67.50 FROM BROOKLINENOriginally $75.00 | Save 10%TargetTargetSizing options: S-XXL, Men's Tall, Men's Big, and Men's Big & Tall sizes also availableTarget sells an assortment of pajamas in full family sizing so you can match your loved ones. The selection is great for people who only care to wear pajamas for special occasions because they're available in a wide range of sizes and they're affordably priced. Here, you'll find pajamas for holidays like Halloween, Christmas, and Hannukah, as well as fun themes like Mickey Mouse and Fairisle.What to buy:Target Men's Striped Pajama Set$20.00 FROM TARGETTarget Men's Mickey Mouse Holiday Pajama Pants$10.00 FROM TARGETAlexander Del Rossa Men's Warm Fleece Onesie$39.99 FROM TARGETSaxxSaxxSizing options: S-XXLSaxx is best known for its men's underwear, specifically its patented Ballpark Pouch to keep things in place, but the brand also offers an array of loungewear and sleepwear.The Nightcrawler is an adult onesie that's super soft, doesn't cling, and (thankfully) has a fly. While onesies are mainly a lot of fun to lounge around in, they're also great for restless sleepers. Your top won't ride up while you twist and turn in the bed. The Nightcrawler buttons up the front and has an elastic drawstring waistband.If onesies aren't your thing, Saxx also makes more conventional sleepwear like the Sleepwalker bottoms. Similar to the brand's underwear, the Sleepwalker bottoms have the Ballpark Pouch. That means if you want to go commando, you can still keep everything in place. The Snooze pants are roomier than the Sleepwalker and have a drawstring waist and slightly tapered legs, but do not feature the Ballpark Pouch.What to buy:Saxx Nightcrawler Onesie $76.00 FROM SAXXOriginally $95.00 | Save 20%Saxx Sleepwalker Pants$65.00 FROM SAXXSaxx Sleepwalker Long-Sleeve Top$65.00 FROM SAXXSaxx Snooze Pants$65.00 FROM SAXXDagsmejanDagsmejanSizing options: S-2XLDagsmejan uses natural fibers like wool and eco-friendly fabrics derived from eucalyptus to produce sleepwear geared towards how individuals sleep—hot, cold, or somewhere in-between with the promise of a better night's sleep. Its fabrics are custom-made, requiring the "most advanced knitters" only found in Europe, according to Dagsmejan's co-founder Andreas Lenzhofer.For the Stay Warm collection, Dagsmejan took an already great insulator, merino wool, and combined it with Tencel, made from eucalyptus tree pulp, to create a product that's great at keeping you warm without being bulky. They are really light, yet provide a lot of warmth.The company also has a line of cooling sleepwear called Stay Cool that's more breathable than cotton and better at wicking away moisture, as well as a Balance collection that helps maintain your body temperature throughout the night.What to buy: Dagsmejan Men's Stay Warm Long-Sleeve Top$99.90 FROM DAGSMEJANDagsmejan Men's Stay Warm Sleep Pants$99.90 FROM DAGSMEJANDagsmejan Men's Stay Cool Sleep Shorts$89.90 FROM DAGSMEJANDagsmejan Men's Balance Sleep Pants$99.90 FROM DAGSMEJANCarilohaCarilohaSizing options: S-2XLCariloha is a Utah-based sleepwear and bedding company that prioritizes sustainability in all of its products by using renewable, pesticide-free materials like bamboo and organic cotton.Cariloha's men's Sleep Pants are made from both bamboo and organic cotton and have a very soft feel. They have an elasticized drawstring waistband but don't have a working fly. Instead, you'll find three decorative buttons down the front. They're also wide through the leg and pool a bit at the ankle. The roominess is welcome when it's time for bed since they don't cling to the body. I found them very breathable, stretchy, and easy to sleep in.Other great items to wear are the Sleep Crew Shirt and the Sleep Shorts, which both have a similarly loose and roomy fit for comfort.What to buy: Cariloha Men's Bamboo Sleep Pants$44.00 FROM CARILOHAOriginally $49.00 | Save 10%Cariloha Men's Bamboo Sleep Crew Shirt$34.00 FROM CARILOHACariloha Men's Bamboo Sleep Shorts$31.00 FROM CARILOHAOriginally $39.00 | Save 21%L.L.BeanL.L. BeanSizing options: S-XXL, regular and tallFounded in 1912 in Freeport, Maine, L.L.Bean is a more-than-a-century-old heritage brand that helped popularize flannel pajamas.Among the brand's pajama options are the popular Scotch Plaid Pajamas. Made from flannel produced in Portugal, the soft, plush 100% brushed cotton PJs are warm without being stifling and are generously cut for ease of movement while you sleep. I had a pair of the flannel pajamas for close to a decade that continued to look good year after year — no rips or tears and the colors didn't fade. If you're looking for something less traditional, L.L.Bean makes the Comfort Stretch Woven Sleep Pants, which are made from soft cotton poplin and a hint of spandex.What to buy: L.L. Bean Men's Scotch Plaid Flannel Pajamas$79.00 FROM L.L. BEANL.L. Bean Men's Comfort Stretch Woven Sleep Pants$49.95 FROM L.L. BEANL.L. Bean Men's Lakewashed Organic T-shirt$24.95 FROM L.L. BEANL.L. Bean Men's Organic Cotton Pajama Set$79.00 FROM L.L. BEANHanesHanesSizing options: S-5XLHanes began as a North Carolina mill operation in 1901 that produced men's and children's socks. These days, it's owned by Sara Lee Corporation (yes, the dessert company), and continues to make sturdy, utilitarian basics. While best known for underwear, Hanes also makes classic cotton pajamas for the budget-conscious, among other sleepwear options.The Hanes Woven Plain-Weave Pajama Set is an old-school two-piece sleep set made from a cotton-polyester blend. The four-button top has classic piping trim and a breast pocket. The bottoms feature an adjustable, two-button-waistband and a fully functional button fly. They're breathable and soft (but not plush) and best for spring and summer. They may be too light for northern winters unless you prefer to sleep cooler year round.Hanes also makes a T-shirt and traditional pajama bottoms combo. The Men's Sleep Set with Woven Knit Pants features a super-soft T-shirt paired with lightweight tag-free bottoms.What to buy: Hanes Men's Woven Plain-Weave Pajama Set$30.00 FROM AMAZONHanes Men's Sleep Set with Woven Knit Pants$26.30 FROM AMAZONRead the original article on Business Insider.....»»

Category: worldSource: nytDec 10th, 2021

Check out 27 pitch decks that fintechs disrupting trading, banking, and lending used to raise millions

Looking for examples of real fintech pitch decks? Check out pitch decks that Qolo, Lance, and other startups used to raise money from VCs. Check out these pitch decks for examples of fintech founders sold their vision.Yulia Reznikov/Getty Images Insider has been tracking the next wave of hot new startups that are blending finance and tech.  Check out these pitch decks to see how fintech founders sold their vision. See more stories on Insider's business page. Fintech VC  funding hit a fresh quarterly record of $22.8 billion in the first three months of 2021, according to CB Insights data. While mega-rounds helped propel overall funding, new cash was spread across 614 deals. Insider has been tracking the next wave of hot new startups that are blending finance and tech. Check out these pitch decks to see how fintech founders are selling their vision and nabbing big bucks in the process. You'll see new financial tech geared at freelancers, fresh twists on digital banking, and innovation aimed at streamlining customer onboarding. Helping freelancers with their taxesJaideep Singh is the CEO and co-founder of FlyFin, an AI-driven tax preparation software program for freelancers.FlyFinSome people, particularly those with families or freelancing businesses, spend days searching for receipts for tax season, making tax preparation a time consuming and, at times, taxing experience. That's why in 2020 Jaideep Singh founded FlyFin, an artificial-intelligence tax preparation program for freelancers that helps people, as he puts it, "fly through their finances." FlyFin is set up to connect to a person's bank accounts, allowing the AI program to help users monitor for certain expenses that can be claimed on their taxes like business expenditures, the interest on mortgages, property taxes, or whatever else that might apply. "For most individuals, people have expenses distributed over multiple financial institutions. So we built an AI platform that is able to look at expenses, understand the individual, understand your profession, understand the freelance population at large, and start the categorization," Singh told Insider.Check out the 7-page pitch deck a startup helping freelancers manage their taxes used to nab $8 million in funding Shopify for embedded financeProductfy CEO and founder, Duy Vo.ProductfyProductfy is looking to break into embedded finance by becoming the Shopify of back-end banking services.Embedded finance — integrating banking services in non-financial settings — has taken hold in the e-commerce world. But Productfy is going after a different kind of customer in churches, universities, and nonprofits.The San Jose, Calif.-based upstart aims to help non-finance companies offer their own banking products. Productfy can help customers launch finance features in as little as a week and without additional engineering resources or background knowledge of banking compliance or legal requirements, Productfy founder and CEO Duy Vo told Insider. "You don't need an engineer to stand up Shopify, right? You can be someone who's just creating art and you can use Shopify to build your own online store," Vo said, adding that Productfy is looking to take that user experience and replicate it for banking services.Here's the 15-page pitch deck Productfy, a fintech looking to be the Shopify of embedded finance, used to nab a $16 million Series AReal-estate management made easyAgora founders Noam Kahan, CTO, Bar Mor, CEO, and Lior Dolinski, CPO.AgoraFor alternative asset managers of any type, the operations underpinning sales and investor communications are a crucial but often overlooked part of the business. Fund managers love to make bets on markets, not coordinate hundreds of wire transfers to clients each quarter or organize customer-relationship-management databases.Within the $10.6 trillion global market for professionally managed real-estate investing, that's where Tel Aviv and New York-based startup Agora hopes to make its mark.Founded in 2019, Agora offers a set of back-office, investor relations, and sales software tools that real-estate investment managers can plug into their workflows. On Wednesday, Agora announced a $9 million seed round, led by Israel-based venture firm Aleph, with participation from River Park Ventures and Maccabee Ventures. The funding comes on the heels of an October 2020 pre-seed fund raise worth $890,000, in which Maccabee also participated.Here's the 15-slide pitch deck that Agora, a startup helping real-estate investors manage communications and sales with their clients, used to raise a $9 million seed roundCheckout made easyBolt's Ryan Breslow.Ryan BreslowAmazon has long dominated e-commerce with its one-click checkout flows, offering easier ways for consumers to shop online than its small-business competitors.Bolt gives small merchants tools to offer the same easy checkouts so they can compete with the likes of Amazon.The startup raised its $393 million Series D to continue adding its one-click checkout feature to merchants' own websites in October.Bolt markets to merchants themselves. But a big part of Bolt's pitch is its growing network of consumers — currently over 5.6 million — that use its features across multiple Bolt merchant customers. Roughly 5% of Bolt's transactions were network-driven in May, meaning users that signed up for a Bolt account on another retailer's website used it elsewhere. The network effects were even more pronounced in verticals like furniture, where 49% of transactions were driven by the Bolt network."The network effect is now unleashed with Bolt in full fury, and that triggered the raise," Bolt's founder and CEO Ryan Breslow told Insider.Here's the 12-page deck that one-click checkout Bolt used to outline its network of 5.6 million consumers and raise its Series DHelping small banks lendCollateralEdge's Joel Radtke, cofounder, COO, and president, and Joe Beard, cofounder and CEO.CollateralEdgeFor large corporations with a track record of tapping the credit markets, taking out debt is a well-structured and clear process handled by the nation's biggest investment banks and teams of accountants. But smaller, middle-market companies — typically those with annual revenues ranging up to $1 billion — are typically served by regional and community banks that don't always have the capacity to adequately measure the risk of loans or price them competitively. Per the National Center for the Middle Market, 200,000 companies fall into this range, accounting for roughly 33% of US private sector GDP and employment.Dallas-based fintech CollateralEdge works with these banks — typically those with between $1 billion and $50 billion in assets — to help analyze and price slices of commercial and industrial loans that previously might have gone unserved by smaller lenders.On October 20th, CollateralEdge announced a $3.5 million seed round led by Dallas venture fund Perot Jain with participation from Kneeland Youngblood (a founder of the healthcare-focused private-equity firm Pharos Capital) and other individual investors.Here's the 10-page deck CollateralEdge, a fintech streamlining how small banks lend to businesses, used to raise a $3.5 million seed round Quantum computing made easyQC Ware CEO Matt Johnson.QC WareEven though banks and hedge funds are still several years out from adding quantum computing to their tech arsenals, that hasn't stopped Wall Street giants from investing time and money into the emerging technology class. And momentum for QC Ware, a startup looking to cut the time and resources it takes to use quantum computing, is accelerating. The fintech secured a $25 million Series B on September 29 co-led by Koch Disruptive Technologies and Covestro with participation from D.E. Shaw, Citi, and Samsung Ventures.QC Ware, founded in 2014, builds quantum algorithms for the likes of Goldman Sachs (which led the fintech's Series A), Airbus, and BMW Group. The algorithms, which are effectively code bases that include quantum processing elements, can run on any of the four main public-cloud providers.Quantum computing allows companies to do complex calculations faster than traditional computers by using a form of physics that runs on quantum bits as opposed to the traditional 1s and 0s that computers use. This is especially helpful in banking for risk analytics or algorithmic trading, where executing calculations milliseconds faster than the competition can give firms a leg up. Here's the 20-page deck QC Ware, a fintech making quantum computing more accessible, used to raised its $25 million Series BSimplifying quant modelsKirat Singh and Mark Higgins, Beacon's cofounders.BeaconA fintech that helps financial institutions use quantitative models to streamline their businesses and improve risk management is catching the attention, and capital, of some of the country's biggest investment managers.Beacon Platform, founded in 2014, is a fintech that builds applications and tools to help banks, asset managers, and trading firms quickly integrate quantitative models that can help with analyzing risk, ensuring compliance, and improving operational efficiency. The company raised its Series C on Wednesday, scoring a $56 million investment led by Warburg Pincus with support from Blackstone Innovations Investments, PIMCO, and Global Atlantic. Blackstone, PIMCO, and Global Atlantic are also users of Beacon's tech, as are the Commonwealth Bank of Australia and Shell New Energies, a division of Royal Dutch Shell, among others.The fintech provides a shortcut for firms looking to use quantitative modelling and data science across various aspects of their businesses, a process that can often take considerable resources if done solo.Here's the 20-page pitch deck Beacon, a fintech helping Wall Street better analyze risk and data, used to raise $56 million from Warburg Pincus, Blackstone, and PIMCOInvoice financing for SMBsStacey Abrams and Lara Hodgson, Now cofounders.NowAbout a decade ago, politician Stacey Abrams and entrepreneur Lara Hodgson were forced to fold their startup because of a kink in the supply chain — but not in the traditional sense.Nourish, which made spill-proof bottled water for children, had grown quickly from selling to small retailers to national ones. And while that may sound like a feather in the small business' cap, there was a hang-up."It was taking longer and longer to get paid, and as you can imagine, you deliver the product and then you wait and you wait, but meanwhile you have to pay your employees and you have to pay your vendors," Hodgson told Insider. "Waiting to get paid was constraining our ability to grow."While it's not unusual for small businesses to grapple with working capital issues, the dust was still settling from the Great Recession. Abrams and Hodgson couldn't secure a line of credit or use financing tools like factoring to solve their problem. The two entrepreneurs were forced to close Nourish in 2012, but along the way they recognized a disconnect in the system.  "Why are we the ones borrowing money, when in fact we're the lender here because every time you send an invoice to a customer, you've essentially extended a free loan to that customer by letting them pay later," Hodgson said. "And the only reason why we were going to need to possibly borrow money was because we had just given ours away for free to Whole Foods," she added.Check out the 7-page deck that Now, Stacey Abrams' fintech that wants to help small businesses 'grow fearlessly', used to raise $29 millionInsurance goes digitalJamie Hale, CEO and cofounder of Ladder.LadderFintechs looking to transform how insurance policies are underwritten, issued, and experienced by customers have grown as new technology driven by digital trends and artificial intelligence shape the market. And while verticals like auto, homeowner's, and renter's insurance have seen their fair share of innovation from forward-thinking fintechs, one company has taken on the massive life-insurance market. Founded in 2017, Ladder uses a tech-driven approach to offer life insurance with a digital, end-to-end service that it says is more flexible, faster, and cost-effective than incumbent players.Life, annuity, and accident and health insurance within the US comprise a big chunk of the broader market. In 2020, premiums written on those policies totaled some $767 billion, compared to $144 billion for auto policies and $97 billion for homeowner's insurance.Here's the 12-page deck that Ladder, a startup disrupting the 'crown jewel' of the insurance market, used to nab $100 millionEmbedded payments for SMBsThe Highnote team.HighnoteBranded cards have long been a way for merchants with the appropriate bank relationships to create additional revenue and build customer loyalty. The rise of embedded payments, or the ability to shop and pay in a seamless experience within a single app, has broadened the number of companies looking to launch branded cards.Highnote is a startup that helps small to mid-sized merchants roll out their own debit and pre-paid digital cards. The fintech emerged from stealth on Tuesday to announce it raised $54 million in seed and Series A funding.Here's the 12-page deck Highnote, a startup helping SMBs embed payments, used to raise $54 million in seed and Series A fundingAn alternative auto lenderDaniel Chu, CEO and founder of Tricolor.TricolorAn alternative auto lender that caters to thin- and no-credit Hispanic borrowers is planning a national expansion after scoring a $90 million investment from BlackRock-managed funds. Tricolor is a Dallas-based auto lender that is a community development financial institution. It uses a proprietary artificial-intelligence engine that decisions each customer based on more than 100 data points, such as proof of income. Half of Tricolor's customers have a FICO score, and less than 12% have scores above 650, yet the average customer has lived in the US for 15 years, according to the deck.A 2017 survey by the Federal Deposit Insurance Corporation found 31.5% of Hispanic households had no mainstream credit compared to 14.4% of white households. "For decades, the deck has been stacked against low income or credit invisible Hispanics in the United States when it comes to the purchase and financing of a used vehicle," Daniel Chu, founder and CEO of Tricolor, said in a statement announcing the raise.An auto lender that caters to underbanked Hispanics used this 25-page deck to raise $90 million from BlackRock investorsA new way to access credit The TomoCredit team.TomoCreditKristy Kim knows first-hand the challenge of obtaining credit in the US without an established credit history. Kim, who came to the US from South Korea, couldn't initially get access to credit despite having a job in investment banking after graduating college. "I was in my early twenties, I had a good income, my job was in investment banking but I could not get approved for anything," Kim told Insider. "Many young professionals like me, we deserve an opportunity to be considered but just because we didn't have a Fico, we weren't given a chance to even apply," she added.Kim started TomoCredit in 2018 to help others like herself gain access to consumer credit. TomoCredit spent three years building an internal algorithm to underwrite customers based on cash flow, rather than a credit score.TomoCredit, a fintech that lends to thin- and no-credit borrowers, used this 17-page pitch deck to raise its $10 million Series AAn IRA for alternativesHenry Yoshida is the co-founder and CEO of retirement fintech startup Rocket Dollar.Rocket DollarFintech startup Rocket Dollar, which helps users invest their individual retirement account (IRA) dollars into alternative assets, just raised $8 million for its Series A round, the company announced on Thursday.Park West Asset Management led the round, with participation from investors including Hyphen Capital, which focuses on backing Asian American entrepreneurs, and crypto exchange Kraken's venture arm. Co-founded in 2018 by CEO Henry Yoshida, CTO Rick Dude, and VP of marketing Thomas Young, Rocket Dollar now has over $350 million in assets under management on its platform. Yoshida sold his first startup, a roboadvisor called Honest Dollar, to Goldman Sachs' investment management division for an estimated $20 million.Yoshida told Insider that while ultra-high net worth investors have been investing self-directed retirement account dollars into alternative assets like real estate, private equity, and cryptocurrency, average investors have not historically been able to access the same opportunities to invest IRA dollars in alternative assets through traditional platforms.Here's the 34-page pitch deck a fintech that helps users invest their retirement savings in crypto and real estate assets used to nab $8 millionConnecting startups and investorsHum Capital cofounder and CEO Blair Silverberg.Hum CapitalBlair Silverberg is no stranger to fundraising.For six years, Silverberg was a venture capitalist at Draper Fisher Jurvetson and Private Credit Investments making bets on startups."I was meeting with thousands of founders in person each year, watching them one at a time go through this friction where they're meeting a ton of investors, and the investors are all asking the same questions," Silverberg told Insider. He switched gears about three years ago, moving to the opposite side of the metaphorical table, to start Hum Capital, which uses artificial intelligence to match investors with startups looking to fundraise.On August 31, the New York-based fintech announced its $9 million Series A. The round was led by Future Ventures with participation from Webb Investment Network, Wavemaker Partners, and Partech. This 11-page pitch deck helped Hum Capital, a fintech using AI to match investors with startups, raise a $9 million Series A.Payments infrastructure for fintechsQolo CEO and co-founder Patricia Montesi.QoloThree years ago, Patricia Montesi realized there was a disconnect in the payments world. "A lot of new economy companies or fintech companies were looking to mesh up a lot of payment modalities that they weren't able to," Montesi, CEO and co-founder of Qolo, told Insider.Integrating various payment capabilities often meant tapping several different providers that had specializations in one product or service, she added, like debit card issuance or cross-border payments. "The way people were getting around that was that they were creating this spider web of fintech," she said, adding that "at the end of it all, they had this mess of suppliers and integrations and bank accounts."The 20-year payments veteran rounded up a group of three other co-founders — who together had more than a century of combined industry experience — to start Qolo, a business-to-business fintech that sought out to bundle back-end payment rails for other fintechs.Here's the 11-slide pitch deck a startup that provides payments infrastructure for other fintechs used to raise a $15 million Series ASoftware for managing freelancersWorksome cofounder and CEO Morten Petersen.WorksomeThe way people work has fundamentally changed over the past year, with more flexibility and many workers opting to freelance to maintain their work-from-home lifestyles.But managing a freelance or contractor workforce is often an administrative headache for employers. Worksome is a startup looking to eliminate all the extra work required for employers to adapt to more flexible working norms.Worksome started as a freelancer marketplace automating the process of matching qualified workers with the right jobs. But the team ultimately pivoted to a full suite of workforce management software, automating administrative burdens required to hire, pay, and account for contract workers.In May, Worksome closed a $13 million Series A backed by European angel investor Tommy Ahlers and Danish firm Lind & Risør.Here's the 21-slide pitch deck used by a startup that helps firms like Carlsberg and Deloitte manage freelancersPersonal finance is only a text awayYinon Ravid, the chief executive and cofounder of Albert.AlbertThe COVID-19 pandemic has underscored the growing preference of mobile banking as customers get comfortable managing their finances online.The financial app Albert has seen a similar jump in activity. Currently counting more than six million members, deposits in Albert's savings offering doubled from the start of the pandemic in March 2020 to May of this year, from $350 million to $700 million, according to new numbers released by the company. Founded in 2015, Albert offers automated budgeting and savings tools alongside guided investment portfolios. It's looked to differentiate itself through personalized features, like the ability for customers to text human financial experts.Budgeting and saving features are free on Albert. But for more tailored financial advice, customers pay a subscription fee that's a pay-what-you-can model, between $4 and $14 a month. And Albert's now banking on a new tool to bring together its investing, savings, and budgeting tools.Fintech Albert used this 10-page pitch deck to raise a $100 million Series C from General Atlantic and CapitalGRethinking debt collection Jason Saltzman, founder and CEO of ReliefReliefFor lenders, debt collection is largely automated. But for people who owe money on their credit cards, it can be a confusing and stressful process.  Relief is looking to change that. Its app automates the credit-card debt collection process for users, negotiating with lenders and collectors to settle outstanding balances on their behalf. The fintech just launched and closed a $2 million seed round led by Collaborative Ventures. Relief's fundraising experience was a bit different to most. Its pitch deck, which it shared with one investor via Google Slides, went viral. It set out to raise a $1 million seed round, but ended up doubling that and giving some investors money back to make room for others.Check out a 15-page pitch deck that went viral and helped a credit-card debt collection startup land a $2 million seed roundBlockchain for private-markets investing Carlos Domingo is cofounder and CEO of Securitize.SecuritizeSecuritize, founded in 2017 by the tech industry veterans Carlos Domingo and Jamie Finn, is bringing blockchain technology to private-markets investing. The company raised $48 million in Series B funding on June 21 from investors including Morgan Stanley and Blockchain Capital.Securitize helps companies crowdfund capital from individual and institutional investors by issuing their shares in the form of blockchain tokens that allow for more efficient settlement, record keeping, and compliance processes. Morgan Stanley's Tactical Value fund, which invests in private companies, made its first blockchain-technology investment when it coled the Series B, Securitize CEO Carlos Domingo told Insider.Here's the 11-page pitch deck a blockchain startup looking to revolutionize private-markets investing used to nab $48 million from investors like Morgan StanleyE-commerce focused business bankingMichael Rangel, cofounder and CEO, and Tyler McIntyre, cofounder and CTO of Novo.Kristelle Boulos PhotographyBusiness banking is a hot market in fintech. And it seems investors can't get enough.Novo, the digital banking fintech aimed at small e-commerce businesses, raised a $40.7 million Series A led by Valar Ventures in June. Since its launch in 2018, Novo has signed up 100,000 small businesses. Beyond bank accounts, it offers expense management, a corporate card, and integrates with e-commerce infrastructure players like Shopify, Stripe, and Wise.Founded in 2018, Novo was based in New York City, but has since moved its headquarters to Miami. Here's the 12-page pitch deck e-commerce banking startup Novo used to raise its $40 million Series ABlockchain-based credit score tech John Sun, Anna Fridman, and Adam Jiwan are the cofounders of fintech startup Spring Labs.Spring LabsA blockchain-based fintech startup that is aiming to disrupt the traditional model of evaluating peoples' creditworthiness recently raised $30 million in a Series B funding led by credit reporting giant TransUnion.Four-year-old Spring Labs aims to create a private, secure data-sharing model to help credit agencies better predict the creditworthiness of people who are not in the traditional credit bureau system. The founding team of three fintech veterans met as early employees of lending startup Avant.Existing investors GreatPoint Ventures and August Capital also joined in on the most recent round.  So far Spring Labs has raised $53 million from institutional rounds.TransUnion, a publicly-traded company with a $20 billion-plus market cap, is one of the three largest consumer credit agencies in the US. After 18 months of dialogue and six months of due diligence, TransAmerica and Spring Labs inked a deal, Spring Labs CEO and cofounder Adam Jiwan told Insider.Here's the 10-page pitch deck blockchain-based fintech Spring Labs used to snag $30 million from investors including credit reporting giant TransUnionDigital banking for freelancersJGalione/Getty ImagesLance is a new digital bank hoping to simplify the life of those workers by offering what it calls an "active" approach to business banking. "We found that every time we sat down with the existing tools and resources of our accountants and QuickBooks and spreadsheets, we just ended up getting tangled up in the whole experience of it," Lance cofounder and CEO Oona Rokyta told Insider. Lance offers subaccounts for personal salaries, withholdings, and savings to which freelancers can automatically allocate funds according to custom preset levels. It also offers an expense balance that's connected to automated tax withholdings.In May, Lance announced the closing of a $2.8 million seed round that saw participation from Barclays, BDMI, Great Oaks Capital, Imagination Capital, Techstars, DFJ Frontier, and others.Here's the 21-page pitch deck Lance, a digital bank for freelancers, used to raise a $2.8 million seed round from investors including BarclaysDigital tools for independent financial advisorsJason Wenk, founder and CEO of AltruistAltruistJason Wenk started his career at Morgan Stanley in investment research over 20 years ago. Now, he's running a company that is hoping to broaden access to financial advice for less-wealthy individuals. The startup raised $50 million in Series B funding led by Insight Partners with participation from investors Vanguard and Venrock. The round brings the Los Angeles-based startup's total funding to just under $67 million.Founded in 2018, Altruist is a digital brokerage built for independent financial advisors, intended to be an "all-in-one" platform that unites custodial functions, portfolio accounting, and a client-facing portal. It allows advisors to open accounts, invest, build models, report, trade (including fractional shares), and bill clients through an interface that can advisors time by eliminating mundane operational tasks.Altruist aims to make personalized financial advice less expensive, more efficient, and more inclusive through the platform, which is designed for registered investment advisors (RIAs), a growing segment of the wealth management industry. Here's the pitch deck for Altruist, a wealth tech challenging custodians Fidelity and Charles Schwab, that raised $50 million from Vanguard and InsightPayments and operations support HoneyBook cofounders Dror Shimoni, Oz Alon, and Naama Alon.HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.Half of the US population may be freelance by 2027, according to a study commissioned by remote-work hiring platform Upwork. HoneyBook, a fintech startup that provides payment and operations support for freelancers, in May raised $155 million in funding and achieved unicorn status with its $1 billion-plus valuation.Durable Capital Partners led the Series D funding with other new investors including renowned hedge fund Tiger Global, Battery Ventures, Zeev Ventures, and 01 Advisors. Citi Ventures, Citigroup's startup investment arm that also backs fintech robo-advisor Betterment, participated as an existing investor in the round alongside Norwest Venture partners. The latest round brings the company's fundraising total to $227 million to date.Here's the 21-page pitch deck a Citi-backed fintech for freelancers used to raise $155 million from investors like hedge fund Tiger GlobalFraud prevention for lenders and insurersFiordaliso/Getty ImagesOnboarding new customers with ease is key for any financial institution or retailer. The more friction you add, the more likely consumers are to abandon the entire process.But preventing fraud is also a priority, and that's where Neuro-ID comes in. The startup analyzes what it calls "digital body language," or, the way users scroll, type, and tap. Using that data, Neuro-ID can identify fraudulent users before they create an account. It's built for banks, lenders, insurers, and e-commerce players."The train has left the station for digital transformation, but there's a massive opportunity to try to replicate all those communications that we used to have when we did business in-person, all those tells that we would get verbally and non-verbally on whether or not someone was trustworthy," Neuro-ID CEO Jack Alton told Insider.Founded in 2014, the startup's pitch is twofold: Neuro-ID can save companies money by identifying fraud early, and help increase user conversion by making the onboarding process more seamless. In December Neuro-ID closed a $7 million Series A, co-led by Fin VC and TTV Capital, with participation from Canapi Ventures. With 30 employees, Neuro-ID is using the fresh funding to grow its team and create additional tools to be more self-serving for customers.Here's the 11-slide pitch deck a startup that analyzes consumers' digital behavior to fight fraud used to raise a $7 million Series AAI-powered tools to spot phony online reviews Saoud Khalifah, founder and CEO of Fakespot.FakespotMarketplaces like Amazon and eBay host millions of third-party sellers, and their algorithms will often boost items in search based on consumer sentiment, which is largely based on reviews. But many third-party sellers use fake reviews often bought from click farms to boost their items, some of which are counterfeit or misrepresented to consumers.That's where Fakespot comes in. With its Chrome extension, it warns users of sellers using potentially fake reviews to boost sales and can identify fraudulent sellers. Fakespot is currently compatible with Amazon, BestBuy, eBay, Sephora, Steam, and Walmart."There are promotional reviews written by humans and bot-generated reviews written by robots or review farms," Fakespot founder and CEO Saoud Khalifah told Insider. "Our AI system has been built to detect both categories with very high accuracy."Fakespot's AI learns via reviews data available on marketplace websites, and uses natural-language processing to identify if reviews are genuine. Fakespot also looks at things like whether the number of positive reviews are plausible given how long a seller has been active.Fakespot, a startup that helps shoppers detect robot-generated reviews and phony sellers on Amazon and Shopify, used this pitch deck to nab a $4 million Series ANew twists on digital bankingZach Bruhnke, cofounder and CEO of HMBradleyHMBradleyConsumers are getting used to the idea of branch-less banking, a trend that startup digital-only banks like Chime, N26, and Varo have benefited from. The majority of these fintechs target those who are underbanked, and rely on usage of their debit cards to make money off interchange. But fellow startup HMBradley has a different business model. "Our thesis going in was that we don't swipe our debit cards all that often, and we don't think the customer base that we're focusing on does either," Zach Bruhnke, cofounder and CEO of HMBradley, told Insider. "A lot of our customer base uses credit cards on a daily basis."Instead, the startup is aiming to build clientele with stable deposits. As a result, the bank is offering interest-rate tiers depending on how much a customer saves of their direct deposit.Notably, the rate tiers are dependent on the percentage of savings, not the net amount. "We'll pay you more when you save more of what comes in," Bruhnke said. "We didn't want to segment customers by how much money they had. So it was always going to be about a percentage of income. That was really important to us."Check out the 14-page pitch deck fintech HMBradley, a neobank offering interest rates as high as 3%, used to raise an $18.25 million Series ARead the original article on Business Insider.....»»

Category: topSource: businessinsiderDec 10th, 2021

The Best Toys of 2021

The best toys of 2021 keep the magic of childhood alive with technology, special effects, and good old-fashioned fun. With Magic Mixies, kids mix up a potion and—poof!—summon a new stuffed pet. LEGO Vidiyo Party lets kids create a music video in real time, wherever they are, through the power of virtual reality. And the… The best toys of 2021 keep the magic of childhood alive with technology, special effects, and good old-fashioned fun. With Magic Mixies, kids mix up a potion and—poof!—summon a new stuffed pet. LEGO Vidiyo Party lets kids create a music video in real time, wherever they are, through the power of virtual reality. And the Spirograph Animator reinvents a beloved classic toy, using a light show to add animated effects to your child’s spiral designs. Here, the editors of TIME for Kids round up the best toys of the year. [time-brightcove not-tgx=”true”] Work Your Magic The Magic Mixies Magic Cauldron, from Moose Toys, includes a spell book and everything kids need to create a magic potion. After they add the ingredients to the cauldron, the mixture foams and bubbles. Kids then wave a magic wand, say the magic words, and—poof!—a mist rises from the cauldron. When it clears, an adorable creature called a Mixie is revealed. The Got2Glow Fairy Finder, by WowWee, sends kids on a search for more than 30 virtual fairies that are hiding in plain sight. They could be anywhere: in a bedroom, the garden, or the kitchen. Once kids have gathered the fairies and placed them safely in the electronic jar, they can “bond” with the magical creatures by feeding and hugging them. (Magic Mixies Magic Cauldron, ages 5+; Got2Glow Fairy Finder, ages 5+) Buy Now: Magic Mixies Magic Cauldron; Got2Glow Fairy Finder Say “Cheese!” This is no ordinary camera. Sure, it takes photos. But the VTech KidiZoom PrintCam also lets kids add special effects, borders and digital stickers to their snaps. When your selfie or portrait looks just right, hit the print button and a black-and-white version instantly ejects from the front of the camera. Use it to create comic strips and to turn your photos into coloring pages. There’s also a video-record function and fun games built in. The camera comes with enough paper to print 80 pictures. Refill packs are available. Buy Now: VTech KidiZoom PrintCam All Your Marbles Put your family’s scientific minds to work with one of these Rube Goldberg–style contraptions. The Marble Rush Ultimate Set, by VTech, sends marbles careening along tracks and ramps, around a lighted cone, and out of a cannon. Color-coded parts make the paths easy to assemble in multiple configurations. For even more-high flying fun, try the National Geographic Makeway Magnetic Marble Run. Magnetic pieces let you build marble runs on vertical surfaces, like whiteboards and refrigerators. The set comes with a learning guide that explores scientific concepts such as energy, gravity and Newton’s laws of motion. (VTech Marble Rush Ultimate Set, ages 4+; National Geographic 100-piece Makeway Magnetic Marble Run, ages 8+) Buy Now: Marble Rush Ultimate Set; National Geographic Makeway Magnetic Marble Run Code and Create Get creative with the Artie Max robot, from Educational Insights. This toy lets kids create art while they learn to code. Artie Max helps children learn five basic coding languages: Blockly, Snap!, JavaScript, Python, and C++. Kids then write code to tell Artie what to draw. The robot translates the code onto paper, using sensors and line recognition to create designs. Artie comes with three interchangeable markers and can be charged with a USB cable. (Artie Max, ages 8+) Buy now: Artie Max Family Game Night Quick! What’s an item you find at a grocery store? Good! Now name another. Hurry! When playing GibGab, from Fat Brain Toys, thinking and speaking faster than your opponent is key. Face an opponent across the electronic game board. Choose a category from one of the cards. Press a button, and you’re in a head-to-head battle. GibGab is a great choice for a two-player game, or gather a gaggle of friends for tournament-style play. The Disney Pixar Toy Story Talent Show, from Funko Games, brings beloved characters from the movie franchise to family game night. In this super-active game, players are invited to show off their skills in a series of themed challenges. Complete the challenges to win coveted prize tickets, and collect the highest number of prize-ticket points to win. (GibGab, ages 8+; Disney Pixar Toy Story Talent Show, ages 6+) Buy Now: GibGab; Disney Pixar Toy Story Talent Show Moments of Mindfulness Looking for a calming, screen-free activity for the kids? These tactile toys will focus attention and soothe the senses. With Mindful Maze boards from Hand2mind, little ones can use their fingers to move through various patterns—including waves, rainbows, and stars—as they pace their breathing to each task. Dimpl Pops, by Fat Brain Toys, offer a different sensory satisfaction. The irresistible pop of colorful silicone bubbles makes exercising fine motor skills as fun as it is relaxing. (Mindful Maze, ages Pre-K to 8; Dimpl Pops, ages 3+) Buy Now: Mindful Maze; Dimpl Pops High-Tech These two toys transform screen time with virtual- and augmented-reality technology. With Bill Nye as their guide, kids are transported to outer space to explore black holes, the cosmos, and more than 125 other immersive experiences, using Bill Nye’s VR Space Lab, from Abacus Brands. The kit comes with VR goggles and a 96-page activity book that they bring to life. There’s also an 85-piece set of materials that kids can use to build a planetarium and do 30 hands-on experiments. With the Lego Vidiyo app, kids can create their own music videos. Just download the app, scan your Lego figurine, and create a music video that will take place in augmented reality, wherever you are. The Party Llama BeatBox set comes with a scanning stage, a Party Llama figurine, and 16 BeatBits. Each BeatBit is used to create a different video effect in the app. (Bill Nye’s VR Space Lab, ages 8+; Lego Party Llama BeatBox, ages 7+) Buy Now: Bill Nye’s VR Space Lab; Party Llama BeatBox Up for Grabs Candy Claw Machine, from Thames & Kosmos, puts an educational spin on the classic arcade game. This do-it-yourself kit lets kids build and engineer their own claw machine, using gears, cranks, belts, and levers. Then they can add their favorite treats—a supply of lollipops and decoy candy boxes is included—and practice reaching for prizes. The set also comes with three interchangeable claw types that kids can use to scoop and score. Buy Now: Candy Claw Machine   Updated Classics These classic toys, both from PlayMonster, are revamped for a new generation. With the Koosh Sharp Shot game, soft and squishy Koosh balls—they were all the rage in the late ’80s and ’90s—are used in a slingshot game that tests a player’s aim. The Spirograph Animator is a modern twist on the original Spirograph, which was introduced in 1965 and allows kids to create elaborate geometric drawings. The Spirograph Animator takes the fun a step further: Once kids have created their designs, they set them on the animator, which spins the drawings and starts a light show, creating an animated effect. (Koosh Sharp Shot, ages 6+; Spirograph Animator, ages 8+) Buy Now: Koosh Sharp Shot game; Spirograph Animator Bring It to Life These kits let young gamers go behind the scenes to learn about video-game design and development. Nintendo’s Game Builder Garage, which can be played on Nintendo Switch systems, provides interactive lessons in programming and design. It guides kids as they build seven games, from a thrilling car race to a challenging maze. Once they’ve learned the basics, kids can create almost any game they can dream up. BitOGenius Inc.’s Pixicade Mobile Game Maker is perfect for art lovers. It comes with paper and five washable markers that kids can use to draw their own game. After they use the Pixicade app to snap a photo of their work, it’s transformed into an animated game that can be played on a smartphone or tablet. (Game Builder Garage, ages 8+; Pixicade Mobile Game Maker, ages 6) Buy Now: Game Builder Garage; Pixicade Mobile Game Maker From 2D to 3D Keep little hands busy with Cubles. The toys, made from 100% recyclable paperboard, are part puzzle and part origami. To create a Cuble, kids pop out shapes from paperboard and follow color-coded instructional tabs. Pieces fit together to make a three-dimensional toy. Cubles become a variety of creatures, including dinosaurs, dragons, and unicorns. They also turn into characters from beloved children’s book series, such as Little House on the Prairie and Dog Man. Cubles are small and don’t require scissors or glue, so they’re especially helpful for keeping kids occupied during holiday road trips. (Cubles, ages 6+) Buy Now: Cubles.....»»

Category: topSource: timeNov 20th, 2021

A Fat, Comfortable Military Is A "Woke" Military

A Fat, Comfortable Military Is A "Woke" Military Authored by Ryan McMaken via The Mises Institute, Over the past decade federal military and intelligence agencies have increasingly embraced so-called woke campaigns and policy positions. Specifically, these government agencies have taken explicitly ideological positions in promoting “pride month” and more recruitment of larger numbers of gay and transgender personnel explicitly for purposes of increasing “diversity.” Actual military concerns appear to be receding into the background even as the US military establishment has recently lost yet another war and blown trillions of taxpayer dollars. For example, as early as 2014, the CIA was bragging that it “has participated in the DC Capital Pride Festival for the past three years … and is active in advancing LGBT diversity and inclusion efforts throughout the Intelligence Community.” More recently, the CIA in May 2021 released a series of recruitment videos clearly focused on recruiting personnel which would allow the agency to check certain diversity boxes. Also, in May of this year, the US Army released a recruitment video celebrating a lesbian wedding and a pride march. In November, the navy launched the USNS Harvey Milk, named after the famed gay rights activist and icon.  For more astute observers of government institutions, of course, none of this will be surprising. Military and intelligence agencies are fundamentally nothing more than tax-funded bureaucratic agencies, and as such are political organizations. They will identify which way the political winds are blowing in Washington and then pander to the groups most likely to increase their budgets and privileges. The latest effort at “woke” politics is simply public relations designed to maximize budgets and increase influence. Moreover, because the US military establishment so rarely faces any real political scrutiny or fiscal discipline, it need not concern itself with efficiency or serving customers, as a private firm must. Instead, military and intelligence bureaucracies are free to spend time on political and ideological concerns instead.  Left versus Right on the Embrace of “Woke” Interestingly, it has been the Left that has offered the most insightful criticism of the drive for embracing diversity in Langley and at the Pentagon. Glenn Greenwald, for instance, identified the CIA diversity drive for what it is: a cynical ploy designed to appeal to a corporate center-left elite that fancies itself the defender of “tolerance” while it bombs children with drones. Similarly, Alan Macleod scoffs about Pentagon claims that LGBT women are “’shattering stereotypes’ by joining the world’s largest killing machine.” When it comes to the military, at least some elements on the left knows a con when they see one. On the right, the preferred critique centers on whether or not the woke PR campaign has anything to do with providing military defense services. For example, Robert Berg at National Review writes that the new emphasis on diversity is pursued “at the cost of mission readiness.” That's true in the sense that the woke campaigns contribute nothing to securing the lives and property of the taxpayers. But none of the Right's milquetoast protests will amount to any meaningful reform because the Right is never willing to use the Congress’s number one tool for reining in the Pentagon and the intelligence agencies: the federal budget. Yes, the Heritage Foundation may whine on occasion about Pride Month at the Pentagon, but we all know that in the end, the Heritage Foundation will call loudly for ever-larger budgets for the US’s military establishment, no matter what. They may even use their alleged outrage about wokeness to push the lie that the Pentagon endured “damaging cuts” during the Obama years. So, by pushing wokeism, the Pentagon and the CIA win either way. The conservatives will never actually endanger the military and intelligence budgets, and the Left will embrace the new “tolerant” military-industrial complex all the more. This, however, is exactly what we should expect from military defense agencies that are inherently more concerned with political goals than geostrategic ones. This isn’t peculiar to modern times or to the United States, of course. Any military establishment that enjoys big budgets and a high amount of public approval—as is clearly the case in the United States—will feel little need to focus on military readiness or economic efficiency. This is further compounded when a regime is—as is also the case in the United States—fundamentally secure and faces no credible existential threats. Politics, Not Economics, Drives Military Policy Because military spending is allocated politically rather than through the marketplace—there really is no way to calculate the value provided by military forces. When market demand plays so little of a role in the allocation of resources, “value” becomes a function of the ability of military personnel to cater to the whims of policymakers who make budget decisions. Moreover, the more the military establishment is insulated from the consumers and taxpayers, the more military and intelligence agencies are likely to engage in ideological flights of fancy unconnected to military defense. Military expertise is not what lies behind most decisions from military and intelligence personnel. Rather, military bureaucrats are incentivized to make decisions that bring political benefit. In his essay “Secession and the Production of Defense,” Jörg Guido Hülsmann explains how in a functional marketplace the people paying the bills—i.e., the taxpayers—are able to guide the allocation of resources in the market through the use of their dollars. This is apparent in all relatively free markets like real estate, insurance, or shoes. In military and intelligence “markets,” on the other hand, the money extracted from the end user—“the people”—is used by policymakers for political purposes. So, the real “clients” of military and intelligence bureaucrats are politicians, not taxpayers. Hülsmann writes: The possibility to ignore the needs of the consumers gives the producers [i.e., the Pentagon and the CIA] the opportunity to produce goods that only they consider important. Ultimately, Freed from the need to serve consumers as efficiently as possible, the producers of defense services now have a bigger margin for wasteful behavior…. The effects of compulsory funding are similarly devastating. It reduces the necessity for the military agencies to satisfy customer needs. As a consequence, as we have seen, the various military executives can start satisfying their own needs, both in respect to the services they produce and in respect to the selection of personnel. The end result is that military and intelligence personnel seek out “experts” who are really just experts in having the correct opinions: Moreover, rather than hiring the most capable personnel, they start hiring the fellows who know the best jokes, or the children of their schoolmates, or people who share their political, sexual, religious, and other preferences. Or they might hire particularly ruthless individuals, who despise common morality. Also, rather than organizing the defense units in the most militarily efficient way, they acquiesce to other considerations. For example, the recent admission to the U.S. military of females and homosexual males does not seem to be based on military, but political, expediency. Restoring Some Control to the Taxpayers What is the answer to this? The first of course, would be to restore some fiscal discipline at the federal level. Washington’s knee-jerk habit of relentlessly increasing military and intelligence budgets must end. For example, when the CIA (and also the FBI, among others) failed spectacularly on 9/11, the Pentagon and intelligence agencies received only more power and larger budgets. In Afghanistan, after twenty years of Pentagon generals insisting that victory was right around the corner, they face no blowback. There is absolutely no incentive for these bureaucratic agencies to actually improve their wasteful use of resources. At a bare minimum, federal military spending ought to be cut by $1 trillion (in 2022 dollars) over ten years, as recently contemplated by the Congressional Budget Office. But more radical changes must be pursued as well.  As Angelo Codevilla has shown, the CIA is a dysfunctional and partisan organization, incapable of achieving its stated goals. Codevilla concludes: “[A]s regards strategic intelligence, CIA is usually worse than useless.” The CIA is actually an impediment to the effective use and sharing of intelligence information. It should simply be abolished. As far as the Pentagon goes, one key move to reining in federal power, waste, and social policy antics is decentralizing military power. A first step in this direction is winning the passage of the “Defend the Guard” legislation now being contemplated in numerous state legislatures. This movement restores to state governments some control over the use of the National Guard, providing a limited veto on deployments and federal military adventurism. Yet far more power must be shifted toward American decisionmakers—both public and private—outside Washington, DC, and closer to the taxpayers if the US's military establishment is to face any real accountability. Otherwise, the usual tiny number of reliable Washington insiders will ensure the Pentagon and the intelligence “community” remains fat, comfortable, and insulated from any public discontent. In itself, the military move to wokeness is actually a minor affair, and only one example of how little the military does that is critical to military defense. Rather, the woke movement is part of the larger problem of a military that is overfunded and thus disconnected from all fiscal discipline and what might be loosely termed “customer service.” Tyler Durden Wed, 11/10/2021 - 21:25.....»»

Category: dealsSource: nytNov 10th, 2021

The 5 best toolboxes in 2021

The best toolbox for you might be large and rugged or compact and light. Either way, it should keep all your tools secure and organized. Jenny McGrath/Insider Table of Contents: Masthead Sticky A good toolbox protects your tools, is convenient to transport, and meets your organizational needs. Our top pick is the Ridgid 221733 22-Inch Pro Toolbox. It's durable and has a lightweight design and impressive 50-pound load capacity. Learn more about how Insider Reviews tests home products. A good tool collection is only as good as your ability to find what you need when you need it. Whether you're a DIY-er who tackles serious home repair and maintenance tasks or an apartment renter who wants to hang a few picture frames, a reliable toolbox is essential. This simple piece of equipment will save you a ton of time and energy when it comes to locating the tools you need. You won't have to spend time locating loose screws rolling around a drawer, searching through boxes for a specific screwdriver, or looking for the correct charger for your drill battery. All toolboxes aren't created equal, though. There is probably more variance than you might think when it comes to size, functionality, and storage options. During my time as a residential and commercial carpenter in New York City, I used a variety of toolboxes. Based on this experience, I compiled different options for this list that will suit almost anyone who owns more than a couple of tools.Here are the best toolboxes you can buyBest toolbox overall: Ridgid 221733 22-Inch Pro ToolboxBest extra-large toolbox: DeWalt DWST38000 Tough ChestBest compartmented toolbox: Milwaukee 223875 10-Compartment Portable ToolboxBest heavy-duty toolbox: Milwaukee 48-22-8426 Packout 22-Inch Rolling ToolboxBest budget toolbox: Stanley STST13331 1-Gallon Essential Toolbox Best toolbox overall Rigid Combining portability and durability, the Ridgid 221733 22-Inch Pro Toolbox provides a safe and convenient home for your tools and accessories, all at a price that won't break the bank.Dimensions: 22.2 x 13.78 x 12.2 inchesWeight: 10.6 poundsCapacity: 50 poundsMaterial: High-impact resin, metal latchesWeatherproof: YesPros: Affordable price, large enough for power tools, durable constructionCons: Not ideal for many small piecesI've always been a fan of Ridgid toolboxes, but what really sold me on making the Ridgid 22-Inch Pro Toolbox our number one pick is its convenient size. It's large enough to hold longer power tools and materials like piping or dowels, but you can still easily store it on a shelf. This size also makes it comfortable to carry without it bouncing off your legs, as some wider boxes do.  I was also really impressed by the durability of this toolbox. The thick resin construction seems like it can take a beating and also gives it a nice, solid feel in your hand. Despite this heavy-duty build, the Ridgid is lighter than I thought it would be and is comfortable to carry when empty. The long padded handle gives you a nice solid grip when hauling it around. The integrated seal that surrounds the lid makes this box well-suited for wet climates or for use in areas where it could get splashed or accidentally hosed down. A dual section tray fits on top of the storage area too, which is great for keeping your frequently used items like screwdrivers, pliers, or wrenches close at hand. As part of the Ridgid Pro Tool Storage System, this toolbox is compatible with other Ridgid Pro Tool Storage 22-inch boxes. This makes the Ridgid Pro Toolbox great for anyone just starting out. Whenever you accumulate too much gear to fit in one, you can add another that will easily stack on top.  You can padlock the metal latches, which is a useful perk, and I like the high-visibility orange trim that makes it easy to spot on a busy job site or cluttered garage. Best extra-large toolbox DeWalt If you need to store and transport large and bulky power tools and accessories, this 63-gallon DeWalt DWST38000 Tough Chest won't let you down.Dimensions: 38.9 x 23.1 x 24.3 inches Capacity: 63 gallonsLoad capacity: 154 poundsMaterial: PolypropyleneWaterproof: Water seal IP53Pros: Rubber wheels for rugged terrain, comfortable handle, extra-large storage capacity Cons: Lacks a storage tray, may be too bulky for some usersGetting power tools to and from a job site can be a challenge, which is where extra-large toolboxes like the DeWalt Tough Chest come in. Not only does this box have the storage space to fit a huge amount of gear, but it's also durable enough to keep your valuable tools safe. The rugged exterior should stand up to the abuse and wear and tear of a heavy job site, and its IP53 rating means that you shouldn't have to worry too much about dust or water entering the unit when closed. This doesn't necessarily mean that the DeWalt Tough Chest is totally waterproof. It will stand up to "water sprays less than 60 degrees from vertical," which is still pretty good.  I'm also a big fan of the 8-inch rubber wheels on the DeWalt Tough Chest. Unlike plastic wheels that you can find on cheaper, lower-quality toolboxes, rubber wheels will not crack or snap off. They also give you a lot more traction when being pulled over uneven or wet ground.  I also appreciate the twin support rails on top of the unit, which allow you to strap on extra gear using bungee cords. Little features like this can really come in handy, especially when you find yourself working alone and don't want to make extra trips back and forth. Plus, thanks to the impressive 154-pound load capacity, packing sawhorses, an extra milk crate, or a smaller toolbox on top shouldn't be an issue.  The one drawback to the DeWalt Tough Chest is that it lacks a storage tray for smaller hand tools or accessories. This isn't a dealbreaker if you already have a dedicated storage space for those items, but it would have been nice to have a little more organizational functionality. The padlock eye also makes it easy to keep your gear secure from curious kids who shouldn't be handling dangerous power tools.  Best compartmentalized toolbox Milwaukee The Milwaukee 223875 10-Compartment Portable Toolbox keeps your accessories, fasteners, and small items organized, and the clear lid makes it easy to find what you need. Dimensions: 18.11 x 14.17 x 4.33 inchesWeight: 6.1 poundsMaterial: ResinWaterproof: Weather-seal gasketPros: 10 separate storage bins, affordable price Cons: Cannot attach to Packout toolboxesNo more searching through zip lock baggies or hunting down screws that have spilled into the bottom of your toolbox or bag. The Milwaukee 10-Compartment Portable Toolbox features eight small bins and two larger compartments, providing an impressive amount of functional storage. My favorite aspect of this toolbox is that these bins can all be removed and carried separately to wherever you happen to be working. This will come in especially handy when you need to take your bin of screws to the top of a ladder or if you're working with a second person and you can each have your own supply. Plus, by removing bins, you can create an empty storage space in the box itself and use that for anything you like. These bins also feature handy little screw slots on the back, so you can even hang them on the wall if you want.  The lid of the Milwaukee toolbox also forms a complete seal with the top of the bins, so even if the unit is tossed around or flipped upside down, your items won't get mixed up. An integrated weather-seal gasket makes the bins watertight as well, which makes this box well-suited to wet environments. My favorite aspect of the 10-compartment Milwaukee and what separates it from similar toolboxes is its ability to attach itself to a second identical box. Even with them attached, you can still access either box without having to remove the other. It's worth noting that this box is not part of the Milwaukee Packout series of toolboxes, so it won't be able to attach itself to any boxes from that series. In my opinion, the small size and convenient design of the Milwaukee Portable Toolbox mean that's not a dealbreaker.  Best heavy-duty toolbox Milwaukee This weatherproof Milwaukee 48-22-8426 Packout 22-Inch Rolling Toolbox and its metal reinforced body will protect your tools from nearly anything on your job site. Dimensions: 20 x 21 x 25 inchesWeight: 23.37 poundsCapacity: About 15 gallonsWeight capacity: 250 poundsMaterial: ResinWaterproof: IP65-rated water resistancePros: Resistant to water spray, extra-durable, 250-pound load capacity Cons: ExpensiveIt might be overkill for the occasional use, but if you plan on using your toolbox frequently and for serious home DIY projects, you'll be glad to have a box as heavy-duty as the Milwaukee Packout Rolling Toolbox. It's pretty clear when you look at this box that it's designed with durability in mind. In addition to its thick polymer body, the sides are also reinforced with metal corner pieces, adding to its already impressive impact resistance. With a 250-pound load capacity and 15 gallons of space, you can fill this box up with a decent amount of gear.  I was initially pretty skeptical about the strength and durability of the extension handle on the Packout but was pleasantly surprised when testing it out. It didn't have the flimsy, plasticky feel that I expected. Even after wheeling it around for a bit, I never felt like it could break or crack easily. I also enjoyed the extra-long handle, which made it comfortable to maneuver around corners and over obstacles. I'm a stickler for water-resistant products, which is why I'm such a big fan of the IP65 rating that comes with the Packout. This rating is higher than any other box on our list and will protect its contents from low-pressure water jets from any direction. A rubber gasket runs around the box's lid, which creates a tight seal when latched closed. The 9-inch wheels help this box traverse pretty much anything you're rolling over, including staircases and gravelly or uneven surfaces. I'm also a fan of high-visibility color schemes for any tool or accessory, and the bright red color of this box is a great example of why. You'll always be able to spot it from across the room, and if you're using it in a public place, it is flashy enough to dissuade would-be thieves from trying to walk away with it.   My biggest issue with the Milwaukee Packout Rolling Toolbox is its price tag, which may not make sense for those who just need a basic box to store their tools. That being said, its durability and water resistance could make it worthwhile if you think your valuable tools could get damaged by using an inferior box. It's also the base unit of the Milwaukee Packout series, so you could eventually expand your toolbox collection with compatible boxes. Best budget toolbox Stanley The handy Stanley STST13331 1-Gallon Essential Toolbox provides a decent amount of durability and more storage options than you might think, all for about $10. Dimensions: 12.5 x 5.5 x 7.1 inchesWeight: 1.2 poundsCapacity: 1 gallonMaterial: PolypropyleneWaterproof: NoPros: Good variety of storage spaces, low price, compact size for easy storageCons: Not as rugged as more expensive modelsI've purchased a few of these Stanley toolboxes over the years and am always impressed by how useful they are for such a reasonable price. They won't be rugged enough to be tossed around a busy job site or loaded up with heavy gear, but if you're just looking for a sturdy toolbox to keep your hand tools and smaller items, the Stanley 1-Gallon Essential Toolbox is a great choice. My favorite feature of the Stanley Essential Toolbox is the pair of storage areas located on the top of the lid. This allows you to easily access them without opening the box. I've found this helpful for keeping my frequently used items, like drywall anchors or wood screws. Inside, there's a removable tray for organizing your longer items like screwdrivers and pliers and a main compartment for bulkier pieces like tape measures, hammers, or even compact drills.It's not the largest toolbox, but this compact size makes the Stanley a good option for storing only tools that you need for specific projects, like working on your bike or for drywall repair. This size also makes it convenient for fitting inside a larger box, like the DeWalt Tough Box.  Even if you already have a larger primary toolbox, the low price and functionality of the Stanley Essential Toolbox make it a great choice as a supplemental option to keep in the trunk of your car or in a boat or RV. It even has a padlock eye so you can keep any valuable or dangerous items — like sharp blades — away from young children.  What else we considered The Milwaukee Packout Small Parts Organizer: This is similar to our other Milwaukee pick, the Milwaukee Deep Pro, but its $50 price tag was twice as much and not much better if you're just using it as a standalone toolbox. That said, if you've already got other Packout boxes and are looking to build your collection, this would be a great addition for organizing all your small bits and pieces. The Ridgid 22-Inch Pro Organizer: Our previous top pick, this Ridgid model has a good balance of storage and organization, but upon further review, it just doesn't have enough space to make it a useful primary toolbox. It's still a durable, reliable product with a low price tag, so if you don't need a ton of space or are just looking for a secondary box that's easier to store or transport, this model could be a great choice. Methodology I'm a former residential and commercial carpenter. Whether I was transporting power tools to walk-up apartments; carrying my brackets, anchors, toggles, and other small parts for a full office space install; or loading up gear for custom furniture projects, I learned that different toolboxes are better suited for different tasks. When choosing the options for this list, I first compiled a long list of the toolboxes I used as a carpenter and the ones I use around my house now. I then used that list to compare my personal favorites with the most popular and high-quality options based on reviews. After pairing my list down to about 10 options, I traveled to several hardware stores in my area to ensure that I had hands-on testing with all the options I wanted to feature. I kept several factors in mind when testing these toolboxes, including durability and organizational functions, as well as size and weight. This testing process allowed me to confidently land on the five options listed here. Toolbox FAQs What's the best toolbox brand?Any of the top tool brands will offer high-quality toolbox options, including Milwaukee, DeWalt, Ridgid, and Stanley. The more tools you're going to be storing and the heavier the weight, the more you'll appreciate a name-brand box.What should I put in a toolbox?It all depends on what you're using your toolbox for. If you're storing your home's primary tool collection, you should make sure it's large enough to fit all the essential tools needed to tackle basic repair and maintenance tasks. If you've got a power drill, a few screwdrivers, pliers, and a few drywall anchors, you're off to a great start. You can also use a smaller toolbox to store items for a specific task or procedure, like bicycle repair or an automotive emergency kit for the trunk of your car or in an RV.Should I buy a toolbox that comes with tools?If you're just starting out, a toolbox that comes packed with tools can be an affordable and convenient way to ensure you're prepared for anything. These can also be a great house- or apartment-warming gift for amateur DIY-ers. They're also usually designed with organization in mind and tend to have molded storage areas that make it easy to find what you need when you need it. Keep in mind that the tools that come in these boxes are usually not the most durable, and you'll want to start collecting higher-quality tools for the long term. Check out more guides to the best tools Black & Decker  The best power sawsThe best lawn mowersThe best gardening toolsThe best leaf blowersThe best table saws  Read the original article on Business Insider.....»»

Category: topSource: businessinsiderNov 9th, 2021

Tucker Carlson says he "never figured out what critical race theory is," despite repeatedly bashing it on his show over the past year

Experts say the Republican backlash to critical race theory is largely a product of conservatives being uncomfortable with conversations on racism. Fox News host Tucker Carlson attacked the teaching of critical race theory in classrooms Fox News Tucker Carlson said he "never" fully figured out what critical race theory is. But the Fox News star has repeatedly talked about it on his show over the past year. Experts say the backlash to the theory is linked to conservatives being uncomfortable with discussing racism. Fox News host Tucker Carlson on Wednesday said he's still not sure what critical race theory is, despite repeatedly talking about it on his show. "I've never figured out where critical race theory is, to be totally honest, after a year of talking about it," Carlson said."They're teaching that some races are morally superior to others," Carlson went on to say. "That some are inherently sinful, and some are inherently saintly, and that's immoral to teach that because it's wrong."Over the course of the past year or so, Republican politicians and their right-wing media allies - like Carlson - have repeatedly suggested that children are being indoctrinated with critical race theory in America's schools. In the process, they've generated outrage from parents in a number of communities while misconstruing what the theory is. -nikki mccann ramírez (@NikkiMcR) November 4, 2021 This was a major theme in the recent Virginia gubernatorial race, with Virginia Governor-Elect Glenn Youngkin pledging to ban critical race theory from the state's schools on his first day in office. A number of states already have such bans in place. But as Carlson highlighted, a lot of the theory's harshest critics don't really seem to understand it. Carlson is the most-watched host on cable news, raising questions as to how many Americans have been misled on this topic by the Fox News star and his network in general. A study from Media Matters for America found that critical race theory was mentioned on Fox News almost 1,3000 times between March and June.Fox News did not immediately respond to a request for comment from Insider.-Andrew Lawrence (@ndrew_lawrence) July 7, 2021 "Critical race theory is a practice. It's an approach to grappling with a history of White supremacy that rejects the belief that what's in the past is in the past, and that the laws and systems that grow from that past are detached from it," Kimberlé Crenshaw, a founding critical race theorist and a law professor at UCLA and Columbia University, told CNN last year.In short, critical race theorists examine how America's history of racism continues to impact the country in the present day. Despite what Carlson and others like him have said, the theory is not designed to teach children to hate one another.Experts say that the conservative backlash to critical race theory is part of the broader pushback to the expanding, ongoing conversation on racism in the US. This discourse has largely evolved out of the Black Lives Matter movement and concerns about police brutality. The police killing of George Floyd in Minneapolis in May 2020 sparked protests across the country and accelerated this discussion. "The base of the Republican Party is offended by the political focus on racism and racial justice that has been apparent for several years now, but especially since the George Floyd murder," Andrew Hartman, a history professor at Illinois State University and author of "A War for the Soul of America: A History of the Culture Wars," told Insider in June."So, GOP politicians and conservative media obsess over the issue to gin up outrage that might translate into future votes, but in the meantime definitely translates into donations and ratings," Hartman added. "I am honestly confused why Critical Race Theory has become the specific target, except to say that conservatives have a LONG history of educational activism against secular and liberal trends in schools, and CRT checks a lot of boxes in that regard," Hartman went on to say. "It is an academic theory that emerged from elite universities (Harvard Law in particular). It seemingly indoctrinates students with the idea that racism is endemic and institutional, which flies in the face of conservative colorblindness."Read the original article on Business Insider.....»»

Category: topSource: businessinsiderNov 4th, 2021

Check out 25 pitch decks that fintechs looking to disrupt trading, banking, and lending used to raise millions

Looking for examples of real fintech pitch decks? Check out pitch decks that Qolo, Lance, and other startups used to raise money from VCs. Check out these pitch decks for examples of fintech founders sold their vision. Yulia Reznikov/Getty Images Insider has been tracking the next wave of hot new startups that are blending finance and tech. Check out these pitch decks to see how fintech founders sold their vision. See more stories on Insider's business page. Fintech VC funding hit a fresh quarterly record of $22.8 billion in the first three months of 2021, according to CB Insights data. While mega-rounds helped propel overall funding, new cash was spread across 614 deals. Insider has been tracking the next wave of hot new startups that are blending finance and tech. Check out these pitch decks to see how fintech founders are selling their vision and nabbing big bucks in the process. You'll see new financial tech geared at freelancers, fresh twists on digital banking, and innovation aimed at streamlining customer onboarding. Real-estate management made easy Agora founders Noam Kahan, CTO, Bar Mor, CEO, and Lior Dolinski, CPO. Agora For alternative asset managers of any type, the operations underpinning sales and investor communications are a crucial but often overlooked part of the business. Fund managers love to make bets on markets, not coordinate hundreds of wire transfers to clients each quarter or organize customer-relationship-management databases.Within the $10.6 trillion global market for professionally managed real-estate investing, that's where Tel Aviv and New York-based startup Agora hopes to make its mark.Founded in 2019, Agora offers a set of back-office, investor relations, and sales software tools that real-estate investment managers can plug into their workflows. On Wednesday, Agora announced a $9 million seed round, led by Israel-based venture firm Aleph, with participation from River Park Ventures and Maccabee Ventures. The funding comes on the heels of an October 2020 pre-seed fund raise worth $890,000, in which Maccabee also participated.Here's the 15-slide pitch deck that Agora, a startup helping real-estate investors manage communications and sales with their clients, used to raise a $9 million seed roundCheckout made easy Bolt's Ryan Breslow. Ryan Breslow Amazon has long dominated e-commerce with its one-click checkout flows, offering easier ways for consumers to shop online than its small-business competitors.Bolt gives small merchants tools to offer the same easy checkouts so they can compete with the likes of Amazon.The startup raised its $393 million Series D to continue adding its one-click checkout feature to merchants' own websites in October.Bolt markets to merchants themselves. But a big part of Bolt's pitch is its growing network of consumers - currently over 5.6 million - that use its features across multiple Bolt merchant customers. Roughly 5% of Bolt's transactions were network-driven in May, meaning users that signed up for a Bolt account on another retailer's website used it elsewhere. The network effects were even more pronounced in verticals like furniture, where 49% of transactions were driven by the Bolt network."The network effect is now unleashed with Bolt in full fury, and that triggered the raise," Bolt's founder and CEO Ryan Breslow told Insider.Here's the 12-page deck that one-click checkout Bolt used to outline its network of 5.6 million consumers and raise its Series DHelping small banks lend CollateralEdge's Joel Radtke, cofounder, COO, and president, and Joe Beard, cofounder and CEO. CollateralEdge For large corporations with a track record of tapping the credit markets, taking out debt is a well-structured and clear process handled by the nation's biggest investment banks and teams of accountants. But smaller, middle-market companies - typically those with annual revenues ranging up to $1 billion - are typically served by regional and community banks that don't always have the capacity to adequately measure the risk of loans or price them competitively. Per the National Center for the Middle Market, 200,000 companies fall into this range, accounting for roughly 33% of US private sector GDP and employment.Dallas-based fintech CollateralEdge works with these banks - typically those with between $1 billion and $50 billion in assets - to help analyze and price slices of commercial and industrial loans that previously might have gone unserved by smaller lenders.On October 20th, CollateralEdge announced a $3.5 million seed round led by Dallas venture fund Perot Jain with participation from Kneeland Youngblood (a founder of the healthcare-focused private-equity firm Pharos Capital) and other individual investors.Here's the 10-page deck CollateralEdge, a fintech streamlining how small banks lend to businesses, used to raise a $3.5 million seed round Quantum computing made easy QC Ware CEO Matt Johnson. QC Ware Even though banks and hedge funds are still several years out from adding quantum computing to their tech arsenals, that hasn't stopped Wall Street giants from investing time and money into the emerging technology class. And momentum for QC Ware, a startup looking to cut the time and resources it takes to use quantum computing, is accelerating. The fintech secured a $25 million Series B on September 29 co-led by Koch Disruptive Technologies and Covestro with participation from D.E. Shaw, Citi, and Samsung Ventures.QC Ware, founded in 2014, builds quantum algorithms for the likes of Goldman Sachs (which led the fintech's Series A), Airbus, and BMW Group. The algorithms, which are effectively code bases that include quantum processing elements, can run on any of the four main public-cloud providers.Quantum computing allows companies to do complex calculations faster than traditional computers by using a form of physics that runs on quantum bits as opposed to the traditional 1s and 0s that computers use. This is especially helpful in banking for risk analytics or algorithmic trading, where executing calculations milliseconds faster than the competition can give firms a leg up. Here's the 20-page deck QC Ware, a fintech making quantum computing more accessible, used to raised its $25 million Series BSimplifying quant models Kirat Singh and Mark Higgins, Beacon's cofounders. Beacon A fintech that helps financial institutions use quantitative models to streamline their businesses and improve risk management is catching the attention, and capital, of some of the country's biggest investment managers.Beacon Platform, founded in 2014, is a fintech that builds applications and tools to help banks, asset managers, and trading firms quickly integrate quantitative models that can help with analyzing risk, ensuring compliance, and improving operational efficiency. The company raised its Series C on Wednesday, scoring a $56 million investment led by Warburg Pincus with support from Blackstone Innovations Investments, PIMCO, and Global Atlantic. Blackstone, PIMCO, and Global Atlantic are also users of Beacon's tech, as are the Commonwealth Bank of Australia and Shell New Energies, a division of Royal Dutch Shell, among others.The fintech provides a shortcut for firms looking to use quantitative modelling and data science across various aspects of their businesses, a process that can often take considerable resources if done solo.Here's the 20-page pitch deck Beacon, a fintech helping Wall Street better analyze risk and data, used to raise $56 million from Warburg Pincus, Blackstone, and PIMCOInvoice financing for SMBs Stacey Abrams and Lara Hodgson, Now cofounders. Now About a decade ago, politician Stacey Abrams and entrepreneur Lara Hodgson were forced to fold their startup because of a kink in the supply chain - but not in the traditional sense.Nourish, which made spill-proof bottled water for children, had grown quickly from selling to small retailers to national ones. And while that may sound like a feather in the small business' cap, there was a hang-up."It was taking longer and longer to get paid, and as you can imagine, you deliver the product and then you wait and you wait, but meanwhile you have to pay your employees and you have to pay your vendors," Hodgson told Insider. "Waiting to get paid was constraining our ability to grow."While it's not unusual for small businesses to grapple with working capital issues, the dust was still settling from the Great Recession. Abrams and Hodgson couldn't secure a line of credit or use financing tools like factoring to solve their problem. The two entrepreneurs were forced to close Nourish in 2012, but along the way they recognized a disconnect in the system. "Why are we the ones borrowing money, when in fact we're the lender here because every time you send an invoice to a customer, you've essentially extended a free loan to that customer by letting them pay later," Hodgson said. "And the only reason why we were going to need to possibly borrow money was because we had just given ours away for free to Whole Foods," she added.Check out the 7-page deck that Now, Stacey Abrams' fintech that wants to help small businesses 'grow fearlessly', used to raise $29 millionInsurance goes digital Jamie Hale, CEO and cofounder of Ladder. Ladder Fintechs looking to transform how insurance policies are underwritten, issued, and experienced by customers have grown as new technology driven by digital trends and artificial intelligence shape the market. And while verticals like auto, homeowner's, and renter's insurance have seen their fair share of innovation from forward-thinking fintechs, one company has taken on the massive life-insurance market. Founded in 2017, Ladder uses a tech-driven approach to offer life insurance with a digital, end-to-end service that it says is more flexible, faster, and cost-effective than incumbent players.Life, annuity, and accident and health insurance within the US comprise a big chunk of the broader market. In 2020, premiums written on those policies totaled some $767 billion, compared to $144 billion for auto policies and $97 billion for homeowner's insurance.Here's the 12-page deck that Ladder, a startup disrupting the 'crown jewel' of the insurance market, used to nab $100 millionEmbedded payments for SMBs The Highnote team. Highnote Branded cards have long been a way for merchants with the appropriate bank relationships to create additional revenue and build customer loyalty. The rise of embedded payments, or the ability to shop and pay in a seamless experience within a single app, has broadened the number of companies looking to launch branded cards.Highnote is a startup that helps small to mid-sized merchants roll out their own debit and pre-paid digital cards. The fintech emerged from stealth on Tuesday to announce it raised $54 million in seed and Series A funding.Here's the 12-page deck Highnote, a startup helping SMBs embed payments, used to raise $54 million in seed and Series A fundingAn alternative auto lender Daniel Chu, CEO and founder of Tricolor. Tricolor An alternative auto lender that caters to thin- and no-credit Hispanic borrowers is planning a national expansion after scoring a $90 million investment from BlackRock-managed funds. Tricolor is a Dallas-based auto lender that is a community development financial institution. It uses a proprietary artificial-intelligence engine that decisions each customer based on more than 100 data points, such as proof of income. Half of Tricolor's customers have a FICO score, and less than 12% have scores above 650, yet the average customer has lived in the US for 15 years, according to the deck.A 2017 survey by the Federal Deposit Insurance Corporation found 31.5% of Hispanic households had no mainstream credit compared to 14.4% of white households. "For decades, the deck has been stacked against low income or credit invisible Hispanics in the United States when it comes to the purchase and financing of a used vehicle," Daniel Chu, founder and CEO of Tricolor, said in a statement announcing the raise.An auto lender that caters to underbanked Hispanics used this 25-page deck to raise $90 million from BlackRock investorsA new way to access credit The TomoCredit team. TomoCredit Kristy Kim knows first-hand the challenge of obtaining credit in the US without an established credit history. Kim, who came to the US from South Korea, couldn't initially get access to credit despite having a job in investment banking after graduating college. "I was in my early twenties, I had a good income, my job was in investment banking but I could not get approved for anything," Kim told Insider. "Many young professionals like me, we deserve an opportunity to be considered but just because we didn't have a Fico, we weren't given a chance to even apply," she added.Kim started TomoCredit in 2018 to help others like herself gain access to consumer credit. TomoCredit spent three years building an internal algorithm to underwrite customers based on cash flow, rather than a credit score.TomoCredit, a fintech that lends to thin- and no-credit borrowers, used this 17-page pitch deck to raise its $10 million Series AAn IRA for alternatives Henry Yoshida is the co-founder and CEO of retirement fintech startup Rocket Dollar. Rocket Dollar Fintech startup Rocket Dollar, which helps users invest their individual retirement account (IRA) dollars into alternative assets, just raised $8 million for its Series A round, the company announced on Thursday.Park West Asset Management led the round, with participation from investors including Hyphen Capital, which focuses on backing Asian American entrepreneurs, and crypto exchange Kraken's venture arm. Co-founded in 2018 by CEO Henry Yoshida, CTO Rick Dude, and VP of marketing Thomas Young, Rocket Dollar now has over $350 million in assets under management on its platform. Yoshida sold his first startup, a roboadvisor called Honest Dollar, to Goldman Sachs' investment management division for an estimated $20 million.Yoshida told Insider that while ultra-high net worth investors have been investing self-directed retirement account dollars into alternative assets like real estate, private equity, and cryptocurrency, average investors have not historically been able to access the same opportunities to invest IRA dollars in alternative assets through traditional platforms.Here's the 34-page pitch deck a fintech that helps users invest their retirement savings in crypto and real estate assets used to nab $8 millionConnecting startups and investors Hum Capital cofounder and CEO Blair Silverberg. Hum Capital Blair Silverberg is no stranger to fundraising.For six years, Silverberg was a venture capitalist at Draper Fisher Jurvetson and Private Credit Investments making bets on startups."I was meeting with thousands of founders in person each year, watching them one at a time go through this friction where they're meeting a ton of investors, and the investors are all asking the same questions," Silverberg told Insider. He switched gears about three years ago, moving to the opposite side of the metaphorical table, to start Hum Capital, which uses artificial intelligence to match investors with startups looking to fundraise.On August 31, the New York-based fintech announced its $9 million Series A. The round was led by Future Ventures with participation from Webb Investment Network, Wavemaker Partners, and Partech. This 11-page pitch deck helped Hum Capital, a fintech using AI to match investors with startups, raise a $9 million Series A.Payments infrastructure for fintechs Qolo CEO and co-founder Patricia Montesi. Qolo Three years ago, Patricia Montesi realized there was a disconnect in the payments world. "A lot of new economy companies or fintech companies were looking to mesh up a lot of payment modalities that they weren't able to," Montesi, CEO and co-founder of Qolo, told Insider.Integrating various payment capabilities often meant tapping several different providers that had specializations in one product or service, she added, like debit card issuance or cross-border payments. "The way people were getting around that was that they were creating this spider web of fintech," she said, adding that "at the end of it all, they had this mess of suppliers and integrations and bank accounts."The 20-year payments veteran rounded up a group of three other co-founders - who together had more than a century of combined industry experience - to start Qolo, a business-to-business fintech that sought out to bundle back-end payment rails for other fintechs.Here's the 11-slide pitch deck a startup that provides payments infrastructure for other fintechs used to raise a $15 million Series ASoftware for managing freelancers Worksome cofounder and CEO Morten Petersen. Worksome The way people work has fundamentally changed over the past year, with more flexibility and many workers opting to freelance to maintain their work-from-home lifestyles.But managing a freelance or contractor workforce is often an administrative headache for employers. Worksome is a startup looking to eliminate all the extra work required for employers to adapt to more flexible working norms.Worksome started as a freelancer marketplace automating the process of matching qualified workers with the right jobs. But the team ultimately pivoted to a full suite of workforce management software, automating administrative burdens required to hire, pay, and account for contract workers.In May, Worksome closed a $13 million Series A backed by European angel investor Tommy Ahlers and Danish firm Lind & Risør.Here's the 21-slide pitch deck used by a startup that helps firms like Carlsberg and Deloitte manage freelancersPersonal finance is only a text away Yinon Ravid, the chief executive and cofounder of Albert. Albert The COVID-19 pandemic has underscored the growing preference of mobile banking as customers get comfortable managing their finances online.The financial app Albert has seen a similar jump in activity. Currently counting more than six million members, deposits in Albert's savings offering doubled from the start of the pandemic in March 2020 to May of this year, from $350 million to $700 million, according to new numbers released by the company. Founded in 2015, Albert offers automated budgeting and savings tools alongside guided investment portfolios. It's looked to differentiate itself through personalized features, like the ability for customers to text human financial experts.Budgeting and saving features are free on Albert. But for more tailored financial advice, customers pay a subscription fee that's a pay-what-you-can model, between $4 and $14 a month. And Albert's now banking on a new tool to bring together its investing, savings, and budgeting tools.Fintech Albert used this 10-page pitch deck to raise a $100 million Series C from General Atlantic and CapitalGRethinking debt collection Jason Saltzman, founder and CEO of Relief Relief For lenders, debt collection is largely automated. But for people who owe money on their credit cards, it can be a confusing and stressful process. Relief is looking to change that. Its app automates the credit-card debt collection process for users, negotiating with lenders and collectors to settle outstanding balances on their behalf. The fintech just launched and closed a $2 million seed round led by Collaborative Ventures. Relief's fundraising experience was a bit different to most. Its pitch deck, which it shared with one investor via Google Slides, went viral. It set out to raise a $1 million seed round, but ended up doubling that and giving some investors money back to make room for others.Check out a 15-page pitch deck that went viral and helped a credit-card debt collection startup land a $2 million seed roundBlockchain for private-markets investing Carlos Domingo is cofounder and CEO of Securitize. Securitize Securitize, founded in 2017 by the tech industry veterans Carlos Domingo and Jamie Finn, is bringing blockchain technology to private-markets investing. The company raised $48 million in Series B funding on June 21 from investors including Morgan Stanley and Blockchain Capital.Securitize helps companies crowdfund capital from individual and institutional investors by issuing their shares in the form of blockchain tokens that allow for more efficient settlement, record keeping, and compliance processes. Morgan Stanley's Tactical Value fund, which invests in private companies, made its first blockchain-technology investment when it coled the Series B, Securitize CEO Carlos Domingo told Insider.Here's the 11-page pitch deck a blockchain startup looking to revolutionize private-markets investing used to nab $48 million from investors like Morgan StanleyE-commerce focused business banking Michael Rangel, cofounder and CEO, and Tyler McIntyre, cofounder and CTO of Novo. Kristelle Boulos Photography Business banking is a hot market in fintech. And it seems investors can't get enough.Novo, the digital banking fintech aimed at small e-commerce businesses, raised a $40.7 million Series A led by Valar Ventures in June. Since its launch in 2018, Novo has signed up 100,000 small businesses. Beyond bank accounts, it offers expense management, a corporate card, and integrates with e-commerce infrastructure players like Shopify, Stripe, and Wise.Founded in 2018, Novo was based in New York City, but has since moved its headquarters to Miami. Here's the 12-page pitch deck e-commerce banking startup Novo used to raise its $40 million Series ABlockchain-based credit score tech John Sun, Anna Fridman, and Adam Jiwan are the cofounders of fintech startup Spring Labs. Spring Labs A blockchain-based fintech startup that is aiming to disrupt the traditional model of evaluating peoples' creditworthiness recently raised $30 million in a Series B funding led by credit reporting giant TransUnion.Four-year-old Spring Labs aims to create a private, secure data-sharing model to help credit agencies better predict the creditworthiness of people who are not in the traditional credit bureau system. The founding team of three fintech veterans met as early employees of lending startup Avant.Existing investors GreatPoint Ventures and August Capital also joined in on the most recent round. So far Spring Labs has raised $53 million from institutional rounds.TransUnion, a publicly-traded company with a $20 billion-plus market cap, is one of the three largest consumer credit agencies in the US. After 18 months of dialogue and six months of due diligence, TransAmerica and Spring Labs inked a deal, Spring Labs CEO and cofounder Adam Jiwan told Insider.Here's the 10-page pitch deck blockchain-based fintech Spring Labs used to snag $30 million from investors including credit reporting giant TransUnionDigital banking for freelancers JGalione/Getty Images Lance is a new digital bank hoping to simplify the life of those workers by offering what it calls an "active" approach to business banking. "We found that every time we sat down with the existing tools and resources of our accountants and QuickBooks and spreadsheets, we just ended up getting tangled up in the whole experience of it," Lance cofounder and CEO Oona Rokyta told Insider. Lance offers subaccounts for personal salaries, withholdings, and savings to which freelancers can automatically allocate funds according to custom preset levels. It also offers an expense balance that's connected to automated tax withholdings.In May, Lance announced the closing of a $2.8 million seed round that saw participation from Barclays, BDMI, Great Oaks Capital, Imagination Capital, Techstars, DFJ Frontier, and others.Here's the 21-page pitch deck Lance, a digital bank for freelancers, used to raise a $2.8 million seed round from investors including BarclaysDigital tools for independent financial advisors Jason Wenk, founder and CEO of Altruist Altruist Jason Wenk started his career at Morgan Stanley in investment research over 20 years ago. Now, he's running a company that is hoping to broaden access to financial advice for less-wealthy individuals. The startup raised $50 million in Series B funding led by Insight Partners with participation from investors Vanguard and Venrock. The round brings the Los Angeles-based startup's total funding to just under $67 million.Founded in 2018, Altruist is a digital brokerage built for independent financial advisors, intended to be an "all-in-one" platform that unites custodial functions, portfolio accounting, and a client-facing portal. It allows advisors to open accounts, invest, build models, report, trade (including fractional shares), and bill clients through an interface that can advisors time by eliminating mundane operational tasks.Altruist aims to make personalized financial advice less expensive, more efficient, and more inclusive through the platform, which is designed for registered investment advisors (RIAs), a growing segment of the wealth management industry. Here's the pitch deck for Altruist, a wealth tech challenging custodians Fidelity and Charles Schwab, that raised $50 million from Vanguard and InsightPayments and operations support HoneyBook cofounders Dror Shimoni, Oz Alon, and Naama Alon. HoneyBook While countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.Half of the US population may be freelance by 2027, according to a study commissioned by remote-work hiring platform Upwork. HoneyBook, a fintech startup that provides payment and operations support for freelancers, in May raised $155 million in funding and achieved unicorn status with its $1 billion-plus valuation.Durable Capital Partners led the Series D funding with other new investors including renowned hedge fund Tiger Global, Battery Ventures, Zeev Ventures, and 01 Advisors. Citi Ventures, Citigroup's startup investment arm that also backs fintech robo-advisor Betterment, participated as an existing investor in the round alongside Norwest Venture partners. The latest round brings the company's fundraising total to $227 million to date.Here's the 21-page pitch deck a Citi-backed fintech for freelancers used to raise $155 million from investors like hedge fund Tiger GlobalFraud prevention for lenders and insurers Fiordaliso/Getty Images Onboarding new customers with ease is key for any financial institution or retailer. The more friction you add, the more likely consumers are to abandon the entire process.But preventing fraud is also a priority, and that's where Neuro-ID comes in. The startup analyzes what it calls "digital body language," or, the way users scroll, type, and tap. Using that data, Neuro-ID can identify fraudulent users before they create an account. It's built for banks, lenders, insurers, and e-commerce players."The train has left the station for digital transformation, but there's a massive opportunity to try to replicate all those communications that we used to have when we did business in-person, all those tells that we would get verbally and non-verbally on whether or not someone was trustworthy," Neuro-ID CEO Jack Alton told Insider.Founded in 2014, the startup's pitch is twofold: Neuro-ID can save companies money by identifying fraud early, and help increase user conversion by making the onboarding process more seamless. In December Neuro-ID closed a $7 million Series A, co-led by Fin VC and TTV Capital, with participation from Canapi Ventures. With 30 employees, Neuro-ID is using the fresh funding to grow its team and create additional tools to be more self-serving for customers.Here's the 11-slide pitch deck a startup that analyzes consumers' digital behavior to fight fraud used to raise a $7 million Series AAI-powered tools to spot phony online reviews Saoud Khalifah, founder and CEO of Fakespot. Fakespot Marketplaces like Amazon and eBay host millions of third-party sellers, and their algorithms will often boost items in search based on consumer sentiment, which is largely based on reviews. But many third-party sellers use fake reviews often bought from click farms to boost their items, some of which are counterfeit or misrepresented to consumers.That's where Fakespot comes in. With its Chrome extension, it warns users of sellers using potentially fake reviews to boost sales and can identify fraudulent sellers. Fakespot is currently compatible with Amazon, BestBuy, eBay, Sephora, Steam, and Walmart."There are promotional reviews written by humans and bot-generated reviews written by robots or review farms," Fakespot founder and CEO Saoud Khalifah told Insider. "Our AI system has been built to detect both categories with very high accuracy."Fakespot's AI learns via reviews data available on marketplace websites, and uses natural-language processing to identify if reviews are genuine. Fakespot also looks at things like whether the number of positive reviews are plausible given how long a seller has been active.Fakespot, a startup that helps shoppers detect robot-generated reviews and phony sellers on Amazon and Shopify, used this pitch deck to nab a $4 million Series ANew twists on digital banking Zach Bruhnke, cofounder and CEO of HMBradley HMBradley Consumers are getting used to the idea of branch-less banking, a trend that startup digital-only banks like Chime, N26, and Varo have benefited from. The majority of these fintechs target those who are underbanked, and rely on usage of their debit cards to make money off interchange. But fellow startup HMBradley has a different business model. "Our thesis going in was that we don't swipe our debit cards all that often, and we don't think the customer base that we're focusing on does either," Zach Bruhnke, cofounder and CEO of HMBradley, told Insider. "A lot of our customer base uses credit cards on a daily basis."Instead, the startup is aiming to build clientele with stable deposits. As a result, the bank is offering interest-rate tiers depending on how much a customer saves of their direct deposit.Notably, the rate tiers are dependent on the percentage of savings, not the net amount. "We'll pay you more when you save more of what comes in," Bruhnke said. "We didn't want to segment customers by how much money they had. So it was always going to be about a percentage of income. That was really important to us."Check out the 14-page pitch deck fintech HMBradley, a neobank offering interest rates as high as 3%, used to raise an $18.25 million Series ARead the original article on Business Insider.....»»

Category: topSource: businessinsiderNov 3rd, 2021

Check out 24 pitch decks that fintechs looking to disrupt trading, banking, and lending used to raise millions

Looking for examples of real fintech pitch decks? Check out pitch decks that Qolo, Lance, and other startups used to raise money from VCs. Check out these pitch decks for examples of fintech founders sold their vision. Yulia Reznikov/Getty Images Insider has been tracking the next wave of hot new startups that are blending finance and tech. Check out these pitch decks to see how fintech founders sold their vision. See more stories on Insider's business page. Fintech VC funding hit a fresh quarterly record of $22.8 billion in the first three months of 2021, according to CB Insights data. While mega-rounds helped propel overall funding, new cash was spread across 614 deals. Insider has been tracking the next wave of hot new startups that are blending finance and tech. Check out these pitch decks to see how fintech founders are selling their vision and nabbing big bucks in the process. You'll see new financial tech geared at freelancers, fresh twists on digital banking, and innovation aimed at streamlining customer onboarding. Checkout made easy Bolt's Ryan Breslow. Ryan Breslow Amazon has long dominated e-commerce with its one-click checkout flows, offering easier ways for consumers to shop online than its small-business competitors.Bolt gives small merchants tools to offer the same easy checkouts so they can compete with the likes of Amazon.The startup raised its $393 million Series D to continue adding its one-click checkout feature to merchants' own websites in October.Bolt markets to merchants themselves. But a big part of Bolt's pitch is its growing network of consumers - currently over 5.6 million - that use its features across multiple Bolt merchant customers. Roughly 5% of Bolt's transactions were network-driven in May, meaning users that signed up for a Bolt account on another retailer's website used it elsewhere. The network effects were even more pronounced in verticals like furniture, where 49% of transactions were driven by the Bolt network."The network effect is now unleashed with Bolt in full fury, and that triggered the raise," Bolt's founder and CEO Ryan Breslow told Insider.Here's the 12-page deck that one-click checkout Bolt used to outline its network of 5.6 million consumers and raise its Series DHelping small banks lend CollateralEdge's Joel Radtke, cofounder, COO, and president, and Joe Beard, cofounder and CEO. CollateralEdge For large corporations with a track record of tapping the credit markets, taking out debt is a well-structured and clear process handled by the nation's biggest investment banks and teams of accountants. But smaller, middle-market companies - typically those with annual revenues ranging up to $1 billion - are typically served by regional and community banks that don't always have the capacity to adequately measure the risk of loans or price them competitively. Per the National Center for the Middle Market, 200,000 companies fall into this range, accounting for roughly 33% of US private sector GDP and employment.Dallas-based fintech CollateralEdge works with these banks - typically those with between $1 billion and $50 billion in assets - to help analyze and price slices of commercial and industrial loans that previously might have gone unserved by smaller lenders.On October 20th, CollateralEdge announced a $3.5 million seed round led by Dallas venture fund Perot Jain with participation from Kneeland Youngblood (a founder of the healthcare-focused private-equity firm Pharos Capital) and other individual investors.Here's the 10-page deck CollateralEdge, a fintech streamlining how small banks lend to businesses, used to raise a $3.5 million seed round Quantum computing made easy QC Ware CEO Matt Johnson. QC Ware Even though banks and hedge funds are still several years out from adding quantum computing to their tech arsenals, that hasn't stopped Wall Street giants from investing time and money into the emerging technology class. And momentum for QC Ware, a startup looking to cut the time and resources it takes to use quantum computing, is accelerating. The fintech secured a $25 million Series B on September 29 co-led by Koch Disruptive Technologies and Covestro with participation from D.E. Shaw, Citi, and Samsung Ventures.QC Ware, founded in 2014, builds quantum algorithms for the likes of Goldman Sachs (which led the fintech's Series A), Airbus, and BMW Group. The algorithms, which are effectively code bases that include quantum processing elements, can run on any of the four main public-cloud providers.Quantum computing allows companies to do complex calculations faster than traditional computers by using a form of physics that runs on quantum bits as opposed to the traditional 1s and 0s that computers use. This is especially helpful in banking for risk analytics or algorithmic trading, where executing calculations milliseconds faster than the competition can give firms a leg up. Here's the 20-page deck QC Ware, a fintech making quantum computing more accessible, used to raised its $25 million Series BSimplifying quant models Kirat Singh and Mark Higgins, Beacon's cofounders. Beacon A fintech that helps financial institutions use quantitative models to streamline their businesses and improve risk management is catching the attention, and capital, of some of the country's biggest investment managers.Beacon Platform, founded in 2014, is a fintech that builds applications and tools to help banks, asset managers, and trading firms quickly integrate quantitative models that can help with analyzing risk, ensuring compliance, and improving operational efficiency. The company raised its Series C on Wednesday, scoring a $56 million investment led by Warburg Pincus with support from Blackstone Innovations Investments, PIMCO, and Global Atlantic. Blackstone, PIMCO, and Global Atlantic are also users of Beacon's tech, as are the Commonwealth Bank of Australia and Shell New Energies, a division of Royal Dutch Shell, among others.The fintech provides a shortcut for firms looking to use quantitative modelling and data science across various aspects of their businesses, a process that can often take considerable resources if done solo.Here's the 20-page pitch deck Beacon, a fintech helping Wall Street better analyze risk and data, used to raise $56 million from Warburg Pincus, Blackstone, and PIMCOInvoice financing for SMBs Stacey Abrams and Lara Hodgson, Now cofounders. Now About a decade ago, politician Stacey Abrams and entrepreneur Lara Hodgson were forced to fold their startup because of a kink in the supply chain - but not in the traditional sense.Nourish, which made spill-proof bottled water for children, had grown quickly from selling to small retailers to national ones. And while that may sound like a feather in the small business' cap, there was a hang-up."It was taking longer and longer to get paid, and as you can imagine, you deliver the product and then you wait and you wait, but meanwhile you have to pay your employees and you have to pay your vendors," Hodgson told Insider. "Waiting to get paid was constraining our ability to grow."While it's not unusual for small businesses to grapple with working capital issues, the dust was still settling from the Great Recession. Abrams and Hodgson couldn't secure a line of credit or use financing tools like factoring to solve their problem. The two entrepreneurs were forced to close Nourish in 2012, but along the way they recognized a disconnect in the system. "Why are we the ones borrowing money, when in fact we're the lender here because every time you send an invoice to a customer, you've essentially extended a free loan to that customer by letting them pay later," Hodgson said. "And the only reason why we were going to need to possibly borrow money was because we had just given ours away for free to Whole Foods," she added.Check out the 7-page deck that Now, Stacey Abrams' fintech that wants to help small businesses 'grow fearlessly', used to raise $29 millionInsurance goes digital Jamie Hale, CEO and cofounder of Ladder. Ladder Fintechs looking to transform how insurance policies are underwritten, issued, and experienced by customers have grown as new technology driven by digital trends and artificial intelligence shape the market. And while verticals like auto, homeowner's, and renter's insurance have seen their fair share of innovation from forward-thinking fintechs, one company has taken on the massive life-insurance market. Founded in 2017, Ladder uses a tech-driven approach to offer life insurance with a digital, end-to-end service that it says is more flexible, faster, and cost-effective than incumbent players.Life, annuity, and accident and health insurance within the US comprise a big chunk of the broader market. In 2020, premiums written on those policies totaled some $767 billion, compared to $144 billion for auto policies and $97 billion for homeowner's insurance.Here's the 12-page deck that Ladder, a startup disrupting the 'crown jewel' of the insurance market, used to nab $100 millionEmbedded payments for SMBs The Highnote team. Highnote Branded cards have long been a way for merchants with the appropriate bank relationships to create additional revenue and build customer loyalty. The rise of embedded payments, or the ability to shop and pay in a seamless experience within a single app, has broadened the number of companies looking to launch branded cards.Highnote is a startup that helps small to mid-sized merchants roll out their own debit and pre-paid digital cards. The fintech emerged from stealth on Tuesday to announce it raised $54 million in seed and Series A funding.Here's the 12-page deck Highnote, a startup helping SMBs embed payments, used to raise $54 million in seed and Series A fundingAn alternative auto lender Daniel Chu, CEO and founder of Tricolor. Tricolor An alternative auto lender that caters to thin- and no-credit Hispanic borrowers is planning a national expansion after scoring a $90 million investment from BlackRock-managed funds. Tricolor is a Dallas-based auto lender that is a community development financial institution. It uses a proprietary artificial-intelligence engine that decisions each customer based on more than 100 data points, such as proof of income. Half of Tricolor's customers have a FICO score, and less than 12% have scores above 650, yet the average customer has lived in the US for 15 years, according to the deck.A 2017 survey by the Federal Deposit Insurance Corporation found 31.5% of Hispanic households had no mainstream credit compared to 14.4% of white households. "For decades, the deck has been stacked against low income or credit invisible Hispanics in the United States when it comes to the purchase and financing of a used vehicle," Daniel Chu, founder and CEO of Tricolor, said in a statement announcing the raise.An auto lender that caters to underbanked Hispanics used this 25-page deck to raise $90 million from BlackRock investorsA new way to access credit The TomoCredit team. TomoCredit Kristy Kim knows first-hand the challenge of obtaining credit in the US without an established credit history. Kim, who came to the US from South Korea, couldn't initially get access to credit despite having a job in investment banking after graduating college. "I was in my early twenties, I had a good income, my job was in investment banking but I could not get approved for anything," Kim told Insider. "Many young professionals like me, we deserve an opportunity to be considered but just because we didn't have a Fico, we weren't given a chance to even apply," she added.Kim started TomoCredit in 2018 to help others like herself gain access to consumer credit. TomoCredit spent three years building an internal algorithm to underwrite customers based on cash flow, rather than a credit score.TomoCredit, a fintech that lends to thin- and no-credit borrowers, used this 17-page pitch deck to raise its $10 million Series AAn IRA for alternatives Henry Yoshida is the co-founder and CEO of retirement fintech startup Rocket Dollar. Rocket Dollar Fintech startup Rocket Dollar, which helps users invest their individual retirement account (IRA) dollars into alternative assets, just raised $8 million for its Series A round, the company announced on Thursday.Park West Asset Management led the round, with participation from investors including Hyphen Capital, which focuses on backing Asian American entrepreneurs, and crypto exchange Kraken's venture arm. Co-founded in 2018 by CEO Henry Yoshida, CTO Rick Dude, and VP of marketing Thomas Young, Rocket Dollar now has over $350 million in assets under management on its platform. Yoshida sold his first startup, a roboadvisor called Honest Dollar, to Goldman Sachs' investment management division for an estimated $20 million.Yoshida told Insider that while ultra-high net worth investors have been investing self-directed retirement account dollars into alternative assets like real estate, private equity, and cryptocurrency, average investors have not historically been able to access the same opportunities to invest IRA dollars in alternative assets through traditional platforms.Here's the 34-page pitch deck a fintech that helps users invest their retirement savings in crypto and real estate assets used to nab $8 millionConnecting startups and investors Hum Capital cofounder and CEO Blair Silverberg. Hum Capital Blair Silverberg is no stranger to fundraising.For six years, Silverberg was a venture capitalist at Draper Fisher Jurvetson and Private Credit Investments making bets on startups."I was meeting with thousands of founders in person each year, watching them one at a time go through this friction where they're meeting a ton of investors, and the investors are all asking the same questions," Silverberg told Insider. He switched gears about three years ago, moving to the opposite side of the metaphorical table, to start Hum Capital, which uses artificial intelligence to match investors with startups looking to fundraise.On August 31, the New York-based fintech announced its $9 million Series A. The round was led by Future Ventures with participation from Webb Investment Network, Wavemaker Partners, and Partech. This 11-page pitch deck helped Hum Capital, a fintech using AI to match investors with startups, raise a $9 million Series A.Payments infrastructure for fintechs Qolo CEO and co-founder Patricia Montesi. Qolo Three years ago, Patricia Montesi realized there was a disconnect in the payments world. "A lot of new economy companies or fintech companies were looking to mesh up a lot of payment modalities that they weren't able to," Montesi, CEO and co-founder of Qolo, told Insider.Integrating various payment capabilities often meant tapping several different providers that had specializations in one product or service, she added, like debit card issuance or cross-border payments. "The way people were getting around that was that they were creating this spider web of fintech," she said, adding that "at the end of it all, they had this mess of suppliers and integrations and bank accounts."The 20-year payments veteran rounded up a group of three other co-founders - who together had more than a century of combined industry experience - to start Qolo, a business-to-business fintech that sought out to bundle back-end payment rails for other fintechs.Here's the 11-slide pitch deck a startup that provides payments infrastructure for other fintechs used to raise a $15 million Series ASoftware for managing freelancers Worksome cofounder and CEO Morten Petersen. Worksome The way people work has fundamentally changed over the past year, with more flexibility and many workers opting to freelance to maintain their work-from-home lifestyles.But managing a freelance or contractor workforce is often an administrative headache for employers. Worksome is a startup looking to eliminate all the extra work required for employers to adapt to more flexible working norms.Worksome started as a freelancer marketplace automating the process of matching qualified workers with the right jobs. But the team ultimately pivoted to a full suite of workforce management software, automating administrative burdens required to hire, pay, and account for contract workers.In May, Worksome closed a $13 million Series A backed by European angel investor Tommy Ahlers and Danish firm Lind & Risør.Here's the 21-slide pitch deck used by a startup that helps firms like Carlsberg and Deloitte manage freelancersPersonal finance is only a text away Yinon Ravid, the chief executive and cofounder of Albert. Albert The COVID-19 pandemic has underscored the growing preference of mobile banking as customers get comfortable managing their finances online.The financial app Albert has seen a similar jump in activity. Currently counting more than six million members, deposits in Albert's savings offering doubled from the start of the pandemic in March 2020 to May of this year, from $350 million to $700 million, according to new numbers released by the company. Founded in 2015, Albert offers automated budgeting and savings tools alongside guided investment portfolios. It's looked to differentiate itself through personalized features, like the ability for customers to text human financial experts.Budgeting and saving features are free on Albert. But for more tailored financial advice, customers pay a subscription fee that's a pay-what-you-can model, between $4 and $14 a month. And Albert's now banking on a new tool to bring together its investing, savings, and budgeting tools.Fintech Albert used this 10-page pitch deck to raise a $100 million Series C from General Atlantic and CapitalGRethinking debt collection Jason Saltzman, founder and CEO of Relief Relief For lenders, debt collection is largely automated. But for people who owe money on their credit cards, it can be a confusing and stressful process. Relief is looking to change that. Its app automates the credit-card debt collection process for users, negotiating with lenders and collectors to settle outstanding balances on their behalf. The fintech just launched and closed a $2 million seed round led by Collaborative Ventures. Relief's fundraising experience was a bit different to most. Its pitch deck, which it shared with one investor via Google Slides, went viral. It set out to raise a $1 million seed round, but ended up doubling that and giving some investors money back to make room for others.Check out a 15-page pitch deck that went viral and helped a credit-card debt collection startup land a $2 million seed roundBlockchain for private-markets investing Carlos Domingo is cofounder and CEO of Securitize. Securitize Securitize, founded in 2017 by the tech industry veterans Carlos Domingo and Jamie Finn, is bringing blockchain technology to private-markets investing. The company raised $48 million in Series B funding on June 21 from investors including Morgan Stanley and Blockchain Capital.Securitize helps companies crowdfund capital from individual and institutional investors by issuing their shares in the form of blockchain tokens that allow for more efficient settlement, record keeping, and compliance processes. Morgan Stanley's Tactical Value fund, which invests in private companies, made its first blockchain-technology investment when it coled the Series B, Securitize CEO Carlos Domingo told Insider.Here's the 11-page pitch deck a blockchain startup looking to revolutionize private-markets investing used to nab $48 million from investors like Morgan StanleyE-commerce focused business banking Michael Rangel, cofounder and CEO, and Tyler McIntyre, cofounder and CTO of Novo. Kristelle Boulos Photography Business banking is a hot market in fintech. And it seems investors can't get enough.Novo, the digital banking fintech aimed at small e-commerce businesses, raised a $40.7 million Series A led by Valar Ventures in June. Since its launch in 2018, Novo has signed up 100,000 small businesses. Beyond bank accounts, it offers expense management, a corporate card, and integrates with e-commerce infrastructure players like Shopify, Stripe, and Wise.Founded in 2018, Novo was based in New York City, but has since moved its headquarters to Miami. Here's the 12-page pitch deck e-commerce banking startup Novo used to raise its $40 million Series ABlockchain-based credit score tech John Sun, Anna Fridman, and Adam Jiwan are the cofounders of fintech startup Spring Labs. Spring Labs A blockchain-based fintech startup that is aiming to disrupt the traditional model of evaluating peoples' creditworthiness recently raised $30 million in a Series B funding led by credit reporting giant TransUnion.Four-year-old Spring Labs aims to create a private, secure data-sharing model to help credit agencies better predict the creditworthiness of people who are not in the traditional credit bureau system. The founding team of three fintech veterans met as early employees of lending startup Avant.Existing investors GreatPoint Ventures and August Capital also joined in on the most recent round. So far Spring Labs has raised $53 million from institutional rounds.TransUnion, a publicly-traded company with a $20 billion-plus market cap, is one of the three largest consumer credit agencies in the US. After 18 months of dialogue and six months of due diligence, TransAmerica and Spring Labs inked a deal, Spring Labs CEO and cofounder Adam Jiwan told Insider.Here's the 10-page pitch deck blockchain-based fintech Spring Labs used to snag $30 million from investors including credit reporting giant TransUnionDigital banking for freelancers JGalione/Getty Images Lance is a new digital bank hoping to simplify the life of those workers by offering what it calls an "active" approach to business banking. "We found that every time we sat down with the existing tools and resources of our accountants and QuickBooks and spreadsheets, we just ended up getting tangled up in the whole experience of it," Lance cofounder and CEO Oona Rokyta told Insider. Lance offers subaccounts for personal salaries, withholdings, and savings to which freelancers can automatically allocate funds according to custom preset levels. It also offers an expense balance that's connected to automated tax withholdings.In May, Lance announced the closing of a $2.8 million seed round that saw participation from Barclays, BDMI, Great Oaks Capital, Imagination Capital, Techstars, DFJ Frontier, and others.Here's the 21-page pitch deck Lance, a digital bank for freelancers, used to raise a $2.8 million seed round from investors including BarclaysDigital tools for independent financial advisors Jason Wenk, founder and CEO of Altruist Altruist Jason Wenk started his career at Morgan Stanley in investment research over 20 years ago. Now, he's running a company that is hoping to broaden access to financial advice for less-wealthy individuals. The startup raised $50 million in Series B funding led by Insight Partners with participation from investors Vanguard and Venrock. The round brings the Los Angeles-based startup's total funding to just under $67 million.Founded in 2018, Altruist is a digital brokerage built for independent financial advisors, intended to be an "all-in-one" platform that unites custodial functions, portfolio accounting, and a client-facing portal. It allows advisors to open accounts, invest, build models, report, trade (including fractional shares), and bill clients through an interface that can advisors time by eliminating mundane operational tasks.Altruist aims to make personalized financial advice less expensive, more efficient, and more inclusive through the platform, which is designed for registered investment advisors (RIAs), a growing segment of the wealth management industry. Here's the pitch deck for Altruist, a wealth tech challenging custodians Fidelity and Charles Schwab, that raised $50 million from Vanguard and InsightPayments and operations support HoneyBook cofounders Dror Shimoni, Oz Alon, and Naama Alon. HoneyBook While countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.Half of the US population may be freelance by 2027, according to a study commissioned by remote-work hiring platform Upwork. HoneyBook, a fintech startup that provides payment and operations support for freelancers, in May raised $155 million in funding and achieved unicorn status with its $1 billion-plus valuation.Durable Capital Partners led the Series D funding with other new investors including renowned hedge fund Tiger Global, Battery Ventures, Zeev Ventures, and 01 Advisors. Citi Ventures, Citigroup's startup investment arm that also backs fintech robo-advisor Betterment, participated as an existing investor in the round alongside Norwest Venture partners. The latest round brings the company's fundraising total to $227 million to date.Here's the 21-page pitch deck a Citi-backed fintech for freelancers used to raise $155 million from investors like hedge fund Tiger GlobalFraud prevention for lenders and insurers Fiordaliso/Getty Images Onboarding new customers with ease is key for any financial institution or retailer. The more friction you add, the more likely consumers are to abandon the entire process.But preventing fraud is also a priority, and that's where Neuro-ID comes in. The startup analyzes what it calls "digital body language," or, the way users scroll, type, and tap. Using that data, Neuro-ID can identify fraudulent users before they create an account. It's built for banks, lenders, insurers, and e-commerce players."The train has left the station for digital transformation, but there's a massive opportunity to try to replicate all those communications that we used to have when we did business in-person, all those tells that we would get verbally and non-verbally on whether or not someone was trustworthy," Neuro-ID CEO Jack Alton told Insider.Founded in 2014, the startup's pitch is twofold: Neuro-ID can save companies money by identifying fraud early, and help increase user conversion by making the onboarding process more seamless. In December Neuro-ID closed a $7 million Series A, co-led by Fin VC and TTV Capital, with participation from Canapi Ventures. With 30 employees, Neuro-ID is using the fresh funding to grow its team and create additional tools to be more self-serving for customers.Here's the 11-slide pitch deck a startup that analyzes consumers' digital behavior to fight fraud used to raise a $7 million Series AAI-powered tools to spot phony online reviews Saoud Khalifah, founder and CEO of Fakespot. Fakespot Marketplaces like Amazon and eBay host millions of third-party sellers, and their algorithms will often boost items in search based on consumer sentiment, which is largely based on reviews. But many third-party sellers use fake reviews often bought from click farms to boost their items, some of which are counterfeit or misrepresented to consumers.That's where Fakespot comes in. With its Chrome extension, it warns users of sellers using potentially fake reviews to boost sales and can identify fraudulent sellers. Fakespot is currently compatible with Amazon, BestBuy, eBay, Sephora, Steam, and Walmart."There are promotional reviews written by humans and bot-generated reviews written by robots or review farms," Fakespot founder and CEO Saoud Khalifah told Insider. "Our AI system has been built to detect both categories with very high accuracy."Fakespot's AI learns via reviews data available on marketplace websites, and uses natural-language processing to identify if reviews are genuine. Fakespot also looks at things like whether the number of positive reviews are plausible given how long a seller has been active.Fakespot, a startup that helps shoppers detect robot-generated reviews and phony sellers on Amazon and Shopify, used this pitch deck to nab a $4 million Series ANew twists on digital banking Zach Bruhnke, cofounder and CEO of HMBradley HMBradley Consumers are getting used to the idea of branch-less banking, a trend that startup digital-only banks like Chime, N26, and Varo have benefited from. The majority of these fintechs target those who are underbanked, and rely on usage of their debit cards to make money off interchange. But fellow startup HMBradley has a different business model. "Our thesis going in was that we don't swipe our debit cards all that often, and we don't think the customer base that we're focusing on does either," Zach Bruhnke, cofounder and CEO of HMBradley, told Insider. "A lot of our customer base uses credit cards on a daily basis."Instead, the startup is aiming to build clientele with stable deposits. As a result, the bank is offering interest-rate tiers depending on how much a customer saves of their direct deposit.Notably, the rate tiers are dependent on the percentage of savings, not the net amount. "We'll pay you more when you save more of what comes in," Bruhnke said. "We didn't want to segment customers by how much money they had. So it was always going to be about a percentage of income. That was really important to us."Check out the 14-page pitch deck fintech HMBradley, a neobank offering interest rates as high as 3%, used to raise an $18.25 million Series ARead the original article on Business Insider.....»»

Category: smallbizSource: nytNov 1st, 2021