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As a Brit not attuned to American retail banking I didn't notice the FDIC insurance element (aside: in the UK that's called FSCS Protection). Actually that's pr
by adav 6y ago
As a Brit not attuned to American retail banking I didn't notice the FDIC insurance element (aside: in the UK that's called FSCS Protection). Actually that's pretty huge for trust, great job :)
- adammoelis 6y agoYup - but people still need to trust that we actually are FDIC insured. We've had some people contact our partner bank directly to verify they are working with us, for example. But hopefully as we get some PR and more word of mouth, we won't have that issue as much.
- adav 6y agoPerhaps you could link directly to evidence of your FDIC insurance policy?
- adammoelis 6y agoYeah maybe there is something like that we can do. Hadn't thought of providing some sort of hard evidence. I will look into this now though!