Not your usual Fintech

but peripherally a Fintech. Purple Dot allows customers of online shopping to request a drop in price of items listed. BUT with a wait of potentially up to two weeks to see IF the retailer adjusts the price. Interesting idea, the retailer might get a sale and the customer might get the item at reduced price. And the delay insures only serious offers are entered. About a two minute read.

Comment: yes, this is a particularly interesting application however I’m not convinced it has inherent value — Porter’s Five Forces talks about barriers to entry; I see no reason why this nifty idea can’t be independently duplicated.