Friday, May 5, 2017

Vendr Takes On Craigslist With Marketplace App

A new, Los Angeles startup, Vendr is taking on Craiglist with an app that it says will help to allow users to buy and sell items locally without the fear of being robbed. Vendr said it has created a cashless, local marketplace app, which lets users reserve a product using their credit card, keeps that money in escrow, and only release it once a user has received an item. The startup said it is looking to help users afraid of "murders, robberies and assaults" which have been documented on local marketplaces like Craiglist, OfferUp, and other services. Vendr's founder is Aamir Latif.