Leap started as a hobby. Now, it’s a multimillion-dollar platform.

It also works to the client’s benefit, said Patrick Fingles, the company’s chief executive. “We want to change the buying experience and simplify the estimating process,” he said. “We are doing to home contracting what Carvana has done to car sales.”

The Columbia, Md.-based company has 60 employees and nearly 7,000 licensed users at 1,000 companies in the United States and Canada. Fingles said Leap has been profitable since its 2016 launch and expects it will gross about $10 million this year. It just moved into a 15,000-square-foot office designed to accommodate a doubling of its workforce.

Leap is the second company that Fingles, 43, has built: Nu Look Home Design, a Maryland home improvement company formed in 2003, has more than 150 employees, including its builder workforce. It recorded $30 million in sales last year across five states — Maryland, Delaware, Virginia, New Jersey, Pennsylvania

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Bridgestone India Unlocks 7 Mn Euros In 9 Mths Helped By Digital Payment Platform Freepay

Pune-based tyre maker Bridgestone India has unlocked around 7 million euros in cash flows in nine months with the shifting of its payment collection process on a digital platform, a senior company executive has said.

As many as 80 per cent of Bridgestone India’s around 7,000 dealers have already migrated to the digital payment platform since its introduction last year, said Jyotsna Sharma, Chief Financial Officer.

Bridgestone India is the domestic arm of Japan’s Bridgestone Corporation.

The application Freepay, an electronic invoice presentation and processing and reconciliation solution from JP-Morgan-backed fintech, Global PayEx Freepay solution, allows Bridgestone dealers to make payments directly through the self-service, using their smartphones or desktops.

It adds incentives of cash discounts and credit notes against outstanding invoices besides offering other facilities such as automated cheque facility among others.

In January-February last year, prior to the pandemic, there was already fear in the market due to

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ironSource Announces Combination with Thoma Bravo Advantage to Create a Publicly-Traded Business Platform for the App Economy

ironSource provides the most comprehensive business platform for the app economy. The platform is designed to enable any app or game developer to turn their app into a scalable, successful business by helping them to monetize and analyze their app and grow and engage their users through multiple channels, including unique on-device distribution through partnerships with leading telecom operators and OEMs such as Orange and Samsung. In 2020, ironSource grew revenue 83% year-over-year to $332 million, with 94% from 291 customers with more than $100,000 of annual revenue, a dollar-based net expansion rate of 149%, and adjusted EBITDA margins of 31%. The company serves over 2.3 billion monthly active users across its global customer base.

As a public company, ironSource is expected to benefit from the financial and operational support of Thoma Bravo – one of the most experienced and successful software investors in the world. With a track

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LQD Business Finance Launches Development of Bitcoin Business Lending Platform

CHICAGO, Feb. 19, 2021 /PRNewswire/ — LQD Business Finance, a leading tech-enabled alternative lender, launches the development of the world’s first Bitcoin business lending platform. This cutting-edge platform will make LQD Business Finance the first company to use Bitcoin as currency for commercial loans.

Chicago-based commercial lender launches the development of first-ever loan service with Bitcoin as currency

While Bitcoin can be used as collateral to obtain a loan currently, the company’s platform will be the first to use Bitcoin as a lending currency. LQD Business Finance’s platform will achieve this goal in two key ways.

First, LQD Business Finance will build upon the Provenance blockchain to make the process of documenting and packaging loans more efficient. “Bringing increased efficiency and accuracy to commercial lending at the core of LQD’s DNA. Adding a blockchain to our existing tech-stack enables us to better achieve that goal,” says LQD CEO George Souri.  

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