FinTech news in chef category

Starting at $8 a month, creators can sign up for Notch’s Instagram account insurance, which means that if they get hacked and lose access to their account, the startup will pay them a stipend and help them regain control of their page. journalist reviewed a sample insurance policy, which quoted a $459 annual fee (or about $38 a month) for insurance that pays out $244 for each day that a creator can’t get into their account after a hack. When creators get hacked, it can mean that they aren’t able to post sponsored content, earn payments from badges or operate their Instagram shops — it’s debilitating, like if a chef broke their arm and had to cook with one hand. With that information, Notch can estimate how much sponsored content a creator posts a month, and how much money someone of their caliber would make off of each post.

Ghost Financial is developing API integrations with point-of-sale systems, like Toast, and delivery apps, like DoorDash, so it can pull metrics that represent areas including operational health and efficiency, hourly and daily sales, average food preparation ties, ratings and reviews to determine credit limit and provide an instant loan decision. After operating his own ghost kitchen, Keto Kitchen, in Austin for the past year, serial entrepreneur John Meyer saw that fintech resources for the industry were lacking.