Parachute, a startup tackling the debt crisis, launches with Highline Beta’s Venture Studio
It’s impossible to ignore the growing debt crisis that so many are facing. Overspending is at an all-time high, which leads to increased borrowing, often at exorbitant rates (30-600%), which leads people into a spiral of debt. Traditional financial institutions haven’t been able to solve this problem, often because they’re not lending to people with […]