Podcasts about kwipped

Host David Grisell conducted his initial interview with Robert Preville, CEO of APPROVE, in August 2022 (E28), during which Preville introduced his groundbreaking equipment financing marketplace, then known as Kwipped. In the past year, the company underwent a rebranding, adopting the name APPROVE, reflective of their leading revenue-generating offering. APPROVE operates as a finance marketplace for equipment leases and purchases, achieving an impressive revenue growth of approximately 100% year over year.While still actively managing the equipment leasing marketplace, the APPROVE platform has evolved into their primary product. They now market it to vendors for integration into their own ecommerce sites as a virtual captive finance solution. Compensation is derived through a fixed take rate on each financing, establishing a stable and predictable income stream. Robert's strategic focus involves achieving an annual revenue milestone surpassing $20 million and positioning the company for potential acquisition. Furthermore, they remain open to additional fundraising and further growth as viable avenues for expansion.Reach David on Twitter/X @DGRollingSouth for comments and entertaining cartoons on Venture. We invite your feedback and suggestions at ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc. Follow Paul on LinkedIn. Download our White Papers and Cheat Sheets HERE. Thanks for listening and remember: Our mission is to MAKE MONEY, HAVE FUN AND DO GOOD.

Kwipped started in 2014 as a B2B ecommerce marketplace for equipment renting/leasing/buying with great success. They then discovered 2 major friction points in the sales process, matching financing to the customer risk profile and seeking financing approval at the end of the purchasing journey frequently made the journy pointless if financing was not approved. Kwipped solved these problems by creating a new platform for Point of Sale (PoS) rapid online financing approval (Approve) from multiple providers and moved it to the beginning of the purchasing journey. Now the Approve platform is growing ~200% YoY with hundreds of vendor customers and near zero churn. As Approve has become 50% of revenue and the lion's share of revenue growth, Kwipped has changed their name to Approve and is looking to continue their rapid growth.

In this episode, we speak with Robert Preville, CEO & Founder of KWIPPED. KWIPPED is an online B2B equipment marketplace where businesses can rent, lease, finance or buy any equipment for any job from a global network of thousands of trusted equipment suppliers.

No doubt about it, equipment is a big expenditure for restaurants. We cover what some of the available options are. Jaime Oikle from RunningRestaurants.com is with James Tritten of Kwipped in this "One Question With" episode. - Find more at https://www.kwipped.com & https://www.runningrestaurants.com.

What is a marketplace business, and how does that model impact each aspect of a company’s strategy? How do you choose the right business model to succeed in a market-place driven world? In today’s episode, we talked with Robert Preville, an expert on marketplace businesses, serial entrepreneur, and investor that has founded and led several high-growth companies. Robert is the founder and CEO of Kwipped, a B2B marketplace platform headquartered in Wilmington, North Carolina that matches businesses who need to rent equipment with a global network of rental suppliers. In this interview, Robert discusses his personal experience and growth in the marketplace platform industry, and how his company Kwipped, is managing and sourcing from a global network of equipment suppliers, reducing risk, and building a trusting relationship between renters and suppliers. Along with Robert’s personal experience, you’ll hear his thoughts on how other companies are being successful using similar platforms, advice on choosing the right business model to succeed in the marketplace world, and the core challenges of starting out and succeeding with a marketplace platform. Tune in for Robert’s discussion about his growth as a young entrepreneur during his formative years, his personal experience with marketplace models to his role as the founder and CEO of Kwipped. Find out more on how Robert and his fellow colleagues are disrupting the B2B equipment rental industry with their marketplace platform, Kwipped! In this episode with Robert Preville, you’ll learn: --- What a marketplace model is and how it’s evolving for the future --- How companies can win with a marketplace model --- The challenging pieces of a marketplace business --- How to choose the right model to succeed in the marketplace world ---The lessons of choosing the right business model in the marketplace industry --- Companies that are being successful using a marketplace platform --- How the Kwipped platform is impacting the B2B equipment rental industry If you like this episode, please subscribe and leave us a review on iTunes. You can also follow us on Soundcloud or Stitcher. We have an incredible lineup of interviews we’ll be releasing every Tuesday here on the Powderkeg Podcast.

To open a restaurant you need equipment. To expand your menu and increase restaurant sales you need equipment. New or Used? Buy, rent or lease? Finding time to source it? What to do? Today’s episode is a different way in sourcing equipment. I’m talking with KWIPPED, a B2B Marketplace where you can find virtually any piece of restaurant equipment across the country. You get quotes from multiple sources for that equipment and then compare prices and options. If you have a short term or seasonal need, you can rent it. If you want to lease it for awhile and return it, you can do that too. Or, you can lease it to own it. With a marketplace, you get options and best pricing with reputable dealers. Give a listen and see for yourself what you can get, how it works and when you can get it. You might just save time and headaches. Run a restaurant, while KWIPPED finds it for you. Now go out there and Rock Your Restaurant! Roger

Robert Preville, founder and CEO of KWIPPED, which enables rentals and leasing of specialized equipment, tells Karen Webster why digital and standardization can lead to more revenue for suppliers. This installment of the “Topic TBD” podcast series from PYMNTS looks at whether the so-called sharing economy can apply to the gear vital to such operations as labs, oil rigs, doctors’ offices and farms.

Robert Preville, founder and CEO of KWIPPED, which enables rentals and leasing of specialized equipment, tells Karen Webster why digital and standardization can lead to more revenue for suppliers. This installment of the “Topic TBD” podcast series from PYMNTS looks at whether the so-called sharing economy can apply to the gear vital to such operations as labs, oil rigs, doctors’ offices and farms.

We speak with Robert Preville from KWIPPED, a platform that makes it easy for businesses to locate and rent equipment from a global network of equipment suppliers. KWIPPED is headquartered in Wilmington, NC. www.kwipped.com