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by vishalkgupta 3697 days ago
Thanks malyk! It's a huge space.

Some more data that we find really attractive in this space:

Average cost of US Wedding(1): $32,641

Average cost of Wedding in NYC(1): $82,299 (We are located in NYC and are focused here for phase 1)

Most of those vendors are paid with paper checks. There's an obvious push towards better payment solutions.

Mobile Wedding Planning (2) : Couples are using smartphones more than ever to plan their wedding and they expect personalized solutions.

More Couples Depend On Professionals(2) : Couples are spending on wedding professionals to help them plan a perfect day, and to ensure they have long-lasting memories.

There's plenty to disrupt, and couples are more and more asking for mobile and easy payment solutions. WedWell is really excited to be working on this space!

Sources:

1 - https://www.theknot.com/content/average-wedding-cost-2015

2 - http://ir.xogroupinc.com/investor-relations/press-releases/p...