The Ride-Share Startup That's Competing With Uber And Lyft By Charging $1

A new Boston-based company called Fasten wants to prove there's more than one way to reinvent ride services in the digital age.


A new Boston-based company called Fasten wants to prove there's more than one way to reinvent ride services in the digital age.

Uber and Lyft have recruited thousands of drivers in hundreds of cities to use their personal cars to drive strangers around for money. The service provided is between the driver and the rider, but Uber, currently valued at over $60 billion, takes a percentage from each ride a driver completes with the company's app. Now, a new company called Fasten is trying to change this standard in the ride-sharing world.

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Published on October 31, 2016 02:00
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