Competitor update

I had a near miss there too. I got a refund last month.

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News from Tandem…

https://www.tandem.co.uk/blog/an-open-letter-to-potential-co-founders/

seems a bit strange that they’re restricting access to

events like this, chatty breakfasts, and feedback sessions

but ¯\_(ツ)_/¯

The app has recently stopped working for me…

Maybe they can’t cope?

interview with Starling - interesting read - 500 customers and doing mostly the same as Monzo - also nice :yum: to know Tom and Anne occasionally have breakfast together :blush: :blush:

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So if they only have 500 customers, that explains why no one from the waiting list’s getting invited to sign up!

Anne says that the beta will last a couple of months so I’m guessing that some of us will be waiting a while before we can check out the app. Although -

The idea is we’re going to build that up [the number of users] now rapidly.

:thinking:

It’s worth noting that she says that overdrafts are being offered at 12% - 19% (though there might be a useage fee on top), depending on the customer’s credit rating.

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Monzo gets a mention albeit at the end of a sentance

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Can we get Brittany Spears? lol

http://www.atombank.co.uk/will-i-am-joins-atom

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or Camila Cabello (ex Fifth Harmony)

Matty from Flux here. For the record, we :heart: :monzo: a lot!

Because we’re in closed beta we agreed not to shout about the partnership too much. We hope this will change soon! :smile:

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It’s not quite clear (to me anyway) how this will work in practise (surely they’re not creating a separate app for this?) but here’s some more news about Starling’s partnership with Pay by Bank -

Looks to me like integration within their app?

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It seems to be another method of payment within the Starling app. Their website shows it as when purchasing something online you can click ‘pay by bank app’ which will open your banking app and you pay through that.

Looks like it will need online shops to be set up to be able to use it.

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Atom just tweeted this & considering how many products they have now, I’m surprised how low useage is (93k logins) & how few customers they have (18k) -

https://twitter.com/atom_bank/status/856830336914870272

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I wonder if they make it to 2 years old :eyes:

That does seem rather low for number of customers after one year. Maybe Will.i.am will help them gain customers :smirk:

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I’m a customer :slight_smile:

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I’m guessing they’ll do it how Barclays have done it. A simple option within the app. Let me get a screen shot

Apologies, Barclays is a separate app using their pingIt app

Screens below

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So will.i.am is on Atom’s board now

https://www.atombank.co.uk/will-i-am-joins-atom

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