With wedding season taking off and travel rebounding, Denver will be a hotspot for bachelor and bachelorette party trips this summer — and even more so in years ahead.Driving the news: Denver ranks among the top cities for booking bride- and groom-to-be parties, according to a recent report from the BACH, a bachelorette party planning app company based in Philadelphia.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeWhat they're saying: "Denver wasn't even on our radar a year ago," BACH co-founder and CEO Mike Petrakis told Alayna.Petrakis predicts the city's attraction will grow, "especially as more businesses come up in Denver that cater towards large groups, like pot tours and brewery tours." Between the lines: Denver's central geographic location and affordability compared to popular playgrounds like Miami and Vegas — combined with its plentiful offerings of outdoor and urban fu
Home Improvement Financing Firm PowerPay Hits $1 Billion in Loans Milestone
PowerPay, a provider of home improvement financing, recently announced it has surpassed $1 billion in loan originations following its launch in December 2019. The company reported that through its network of 7,000 home improvement contractors, it has financed more than 50,000 projects nationwide with an average project cost of $20,000.
PowerPay describes itself as a digital lending platform for the home improvement industry. The platform’s AI notably offers instant approvals on unsecured loans up to $100,000. Homeowners make home improvement dreams a reality with low monthly payments. The company previously formed a partnership with
FinMkt, a SaaS provider of point of sale consumer finance technology.