mobile app Startups

ParkMobile is a mobile app and web platform that enables drivers to find, reserve, and pay for parking across nearly 300 U.S. cities by contracting with municipalities and private parking operators. Launched in 2009, they generate revenue through a flat convenience fee (typically 30-45 cents per transaction on-street, and percentage-based fees on off-street reservations). With 7.5 million registered users, 1.5 million monthly active users, and 250,000 new registrations per month, the company does well over $500,000 in monthly revenue and operates with a team of 106 based in Atlanta.

Tala is a fintech platform founded by Shivani Siroya in 2011 to provide microloans to underserved small business owners globally. The company has disbursed over $3 billion in loans across India, Kenya, Mexico, and the Philippines through a frictionless mobile app that approves loans within minutes. Despite the streamlined vetting process, Tala maintains a high loan repayment rate, demonstrating that creditworthy borrowers exist outside traditional banking systems.