Just wanted to talk a little about Mondo’s rivals, Atom.
I noticed in my emails earlier today that they had sent me an invite code to their service, as when I discovered Mondo I also had applied for other services.
I haven’t used my Atom code yet, and after reading their email I don’t plan on using it. This is what they sent me alongside the sign up code.
“The code gives you exclusive access to explore our app as well as the opportunity to open your own bit of Atom in the form of a fixed saver account, our very first product.”
So they’re only letting their users open a savings account with them right now.
Personally, compared to how Mondo first started I don’t think this a great move from Atom. Mondo easily looks to be beating all fin tech competition right now.