@rob_dozens any plans for a crowd funding round?
Podcast was really interesting!
Iām planning to only use the saving aspect of Dozens. Iāll use it like a savings account bank I guess. So am I right on believing that I can move Ā£100 over to dozens, and theyāve them there to accumulate interest? Or do I have to go into the app and move them in a special savings zone? Am I right in believing that the Ā£5 interest will be split over 12 months?
Also, there are no fees right?
Thanks and looking forward to it!
Pretty much, yes.
Moving money puts it in your current account, and you will then need to move it into your savings and specifically choose to buy an available bond. Once youāve done that, yes, the interest is 5% p.a. and it will be paid on a monthly basis (so Ā£5/12) over the 12 months. Nothing more you need to do.
Of course you will have other options (in time) and the easiest way to save and track your money will be to do it all in the one place, but there is no requirement (or fees) for just using the saving aspect. We believe everyone should be rewarded for saving, so happy to help!
Nothing yet to announce, ā¦ but it is not beyond the realms of possibility
Rob, if you carry on replying through the night weāll know youāre a for sure!
Wow, thatās awesome! Looking forward to it. Thanks for the informative and detailed answers, makes me a lot more confident with using the bank.
Thatās what you get when you check messages on the way home from the theatre
Iāve signed up and on the waiting list just wondering when we will get access. Very excited about your product!!
There is nearly as much conversation on here about Dozens as there is on their own community board. All helps I guess. R-
I donāt want to be mean but the dozens forum at the moment is a bit quiet compared to here
Yes, you are right - I should have said āthere is more conversation here ā¦ than there is on theirā¦ā
It is very quiet over there. Did you listen to the CEO podcast? I found it very enlightening.
R-
hehe
Well, I have invited you all to speak to me over there instead
I will be spending more time posting in the community soon, promise
Since we have yet to launch the app publicly, there arenāt lots of reasons for users to post, though numbers have started to increase. HOWEVER, that should all change next week ā¦ a sunny golden glow may be lighting your way around for a while
Wahoo
Iāve sent you an email back about my ID Aron
We welcome all fintech conversation here, whether the company have their own forum or not! Every forum is different and unique, and we support all companies trying to do something in this spaceā¦ a rising tide lifts all ships
Looking forward to checking out Dozens myself!
Seriously - not heard that one before - very good. R-
Checked the app this morning - big jump in registrations. R-
@rob_dozens Hey, I think thereās an issue with selecting mothers maiden name as your security question. Whenever I tried to set the answer I got a popup saying āOopsā¦ something went wrongā (or something to that effect), I switched to a different security question and set an answer on that just fine though.
Thanks @Nsteer - as it happens I was just looking into that
Really appreciate the notification
From the discussion on the podcast, thatās about 2% of the way to profitabilityā¦
In the vast majority of cases verification goes through fine and within minutes, but in some (for a whole range of reasons, including for our own testing and training) we need to run extra checks, including some manual processing by a specialist team.
I canāt comment (and donāt know) about individual cases but feel free to send an email (help@dozens.com) if you have any concerns about your own process
It didnāt take long for the app to tell me that it couldnāt complete my verification (it didnāt notify me or anything though, I just peeked back in to check).
Unfortunately the button to check my details doesnāt seem to work