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I use simple as my main bank account, and I'd say it is pretty innovative - essentially because usability is a feature and simple has by far the best usability
by gress 13y ago
I use simple as my main bank account, and I'd say it is pretty innovative - essentially because usability is a feature and simple has by far the best usability of any bank.
What lets them down is the overall power of their offering and the rate at which they have been developing it. If the banking backend was the constraint, maybe this will help them to accelerate.
- frossie 13y agoYes on the slow development rate. I pretty much signed on to their mailing list as soon as they announced themselves. After hearing nothing for over a year I gave up and switched from bricks and mortar to ING (now Capital 360) which solved most of my issues, so my motivation to go through the bank changing hassle is now really small. I think it took something like 3 years to actually get the "you can now use us" email.