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Your personal bank has 6,215 customers? How could they possibly cover the costs of even 1 employee?
by djrj477dhsnv 1y ago
Your personal bank has 6,215 customers? How could they possibly cover the costs of even 1 employee?
- linsomniac 1y agoWith ~$600K/year of subscription revenue? I don't know how much they make on other bank-like functions, but I assume it's not nothing because other banks seem to survive without charging subscription fees. I was hoping that, after going through a number of other "advanced money management" fintech banks over the years and them selling out, that going with a place that I directly paid to use would allow it to sustain independently and add features, but it seems like the other scenario I worried about became the issue: The subscription fee severely limited their membership pool.