Nº 01 · finmid · Berlin
They lend to restaurants under someone else's name
The Berlin firm that lends inside Wolt, Glovo and Bolt without showing its own name.
Read the analysisSpark
Spark · Format 03
On the Radar
Companies with a well built business model, taken apart box by box.
All issues1 issue
How to read an issue
Every issue rebuilds one company on a nine box canvas.
You guess, pull the keystone and pick the weak spot.
Every figure points to a source.
- 1 / 6
Guess
You go first: where does this company make its money?
- 2 / 6
How it works
You follow one deal step by step: who sends money, data and offers to whom.
- 3 / 6
Canvas
Nine boxes fill as you read. Dark boxes are where the company is strongest.
- 4 / 6
Keystone
The moves are stacked like bricks. Pull one and see which boxes of the model fall empty.
- 5 / 6
Weak spot
You pick one of three fragile points. Then we ask our questions.
- 6 / 6
Radar
At the end five signals draw the company’s shape. No two shapes are the same.
- Revenue
Where the money comes from and how solid it is.
- Product
How clear the promise to the customer is.
- Distribution
How customers are reached and kept.
- People
The team, the licence and the scarce resources they hold.
- Technology
The infrastructure and the partners they build it with.
Next step
Which box is dark in your model?
Let’s fill in the canvas together and find the strong box and the missing one.