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There are a couple of companies trying to do this right now. Digit just raised 11mm to do something similar. Acorns does something similar with investing. It is
by boling11 11y ago
There are a couple of companies trying to do this right now. Digit just raised 11mm to do something similar. Acorns does something similar with investing. It is definitely a hard business to be in though, at the end of the day someone does have to pay for it for these things to work - be it users, merchants, or businesses.
- bbcbasic 11y agoJust had a thought maybe pension/superannuation companies, who have a vested interest in you saving more. Also mortgage companies, who could help you save for a deposit on a house (and therefore take out a mortgage). Of course mortgage is debt but it is backed by an asset, usually comes with an excellent interest rate that is very close to zero or negative in "real terms".