@DEBASISH_SAHU
They have been postponing the launch since July. I got a reply today stating that this month also they wonโt be able to launch.
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No, I have not asked them about this.
End of This Month Freo Save is going to Launch letโs see๐
@DEBASISH_SAHU Card is secured against the saving account balance. As long as it has balance it can be used. Not a credit actually I think. Card type might be credit but will work like debit.
I have 4 account with SBM now with three different fintech.
Edit: Itโs 5 now, with 4 different fintech.
Finin, Niyo Global & the 3rd one ? @goneo
the new ones that are coming really need to up their game about existing customers of the parent bank as people who are the early adapters of neo-banks are almost all on either or all of SBM/Equitas/Federal as only these 3 are the ones powering the neo-banks.
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@Apoorv_Pranshu Vested through Happay for investing in US stocks and etf with no extra service charges. Vested do charge 1.2% markup and gst though.
Thatโs what I thought.
How can that be considered as secured credit card?
Letโs wait for the launch.
I have asked them about onboarding of existing customers. I got one reply they are not planning to onboard existing customer as of now.
Letโs see what happens
Totally agree with your on this.
I was talking about Freo Save.
They said they are not planning to onboard existing till some time
Ohh, sorry I didnโt check.
Thatโs a very bad thing.
They will think about this because NiyoX already got many users.
Yeah, there are more than 5 lakhs NiyoX users and still growing.
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Yes if atleast 10k to 20k users force them.
Definitely they will start on-broading existing.
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Letโs see.
How far they are ready to go.
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Also Freecharge is introducing new Neo Bank partnered with Axis Bankโฆ
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Fold.money will probably fold
there is no activity in their social media handles since aug 2020
Finin folded too recently
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What ??
I knew they had stopped onboarding new customers but they didnโt announce anything to the existing customers.
I have an account with them since beta phase - if thatโs the case Iโll have to withdraw from there.
Pls verify. thatโs what I heard. may be my news Is not true then. pls ignore
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