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The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

vaycayhero.com

Stage

Asset Sale | AssetsPurchased

Total Raised

$20K

About VaycayHero

VaycayHero, formerly Zaranga, is an online marketplace that connects managers and owners of vacation rental properties with guests. Unlike other vacation rental marketplaces, Zaranga enables guests to make an offer and to book instantly. Every aspect of the reservation process from contract signing to security deposit refunds is automated.

VaycayHero Headquarters Location

1073 Mississippi Street

San Francisco, California, 94107,

United States

888-317-7774

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Expert Collections containing VaycayHero

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

VaycayHero is included in 1 Expert Collection, including Travel Technology (Travel Tech).

T

Travel Technology (Travel Tech)

2,170 items

The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.

Latest VaycayHero News

Modern style’s duty in the BNPL playbook

Oct 30, 2021

Matt Bivons is chief executive officer as well as founder of Cover Maintenance , an API-first system for individualized as well as clear loaning. He formerly worked as VP as well as GM at GreenSky, as well as head of development at Earnest as well as VaycayHero. Purchase currently, pay later on (BNPL) is an old type of settlement that is brand-new once more in a huge method. Which can suggest difficulty for BNPL fintechs that are simply being familiar with the globe of loaning as well as the mistakes connected with conventional financial framework. Current information from FIS– among numerous settlement cpus– secures BNPL at a $100 billion market , or 2.1% of worldwide ecommerce deals. Marqeta, one more cpu, states BNPL deals on its system have actually enhanced 350% this year. The success of the BNPL layout has actually been credited to the lift it offers to vendors at check out as well as the ease it supplies customers looking for to prevent rate of interest repayments as well as debit card charges. In 2014, at the very least 91% of customer financings in The Golden State were BNPL. For BNPL companies, switching over to modern-day style for funding monitoring as well as maintenance can lessen third-party seller threat. According to Klarna, among the biggest BNPL companies, the ordinary order worth at check out boosts by as long as 45% when buyers are offered the chance to spend for their acquisitions in 4 interest-free repayments. BNPL is so practical, contrasted to antique installation financings, that customer supporters stress it motivates individuals to handle even more financial obligation than they can handle. If that takes place, the BNPL companies can obtain injured severely throughout a financial decline. In a record released in the summertime, Fitch Rankings, among the Big 3 united state credit report ranking companies, explained the efficiency of BNPL financial obligation as “nontransparent.” The record pointed out a study in which virtually one in 3 participants (31%) had actually either been late with a BNPL settlement or sustained a late charge. Yet the opposite side of BNPL is not simply non-mortgage consumer debt threat, which BNPL companies claim they can handle with non-traditional, data-driven underwriting. BNPL companies additionally deal with a dual whammy of threat on the seller side. Three-sided financings, in which a loan provider counts on a seller to work as a reseller, ended up being an emphasis of governing analysis with the flow of the Dodd-Frank Wall Surface Road Reform as well as Customer Defense Act in 2010. Dodd-Frank did several points. Amongst one of the most prominent arrangements was the production of a Customer Financial Defense Bureau gifted with the authority to act versus any kind of carrier of customer monetary product and services that take part in “any kind of unjust, misleading, or violent acts or techniques about any kind of purchase with a customer for a customer monetary services or product, or the offering of a customer monetary services or product.”

  • Where is VaycayHero's headquarters?

    VaycayHero's headquarters is located at 1073 Mississippi Street, San Francisco.

  • What is VaycayHero's latest funding round?

    VaycayHero's latest funding round is Asset Sale.

  • How much did VaycayHero raise?

    VaycayHero raised a total of $20K.

  • Who are the investors of VaycayHero?

    Investors of VaycayHero include RedAwning, FundersClub and Y Combinator.

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