[rjf1331]

I can't help but think this must be vaporware. I worked in the credit card industry for several years. A credit card company is not something anybody can just start from scratch - you need data to model chargeoffs, fraud, spend, ect in order to be profitable. And unlike Robinhood, you need a source of capital to fund the cash you float, usually securitization or deposits.

I may be completely wrong, but I simply don't buy it. There's so much more to a credit card product aside from the nice-sounding features they have on their landing pages.

[andrewdietrich]

I'm happy to say that we're not vaporware. We're partnering with a bank that provides all of the pieces you mentioned. Our model is similar to that of Simple, which partnered with Bancorp Bank to launch their product.

[kapnobatairza]

I'm sorry to be so suspicious, but do you have ANY experience working with Chip & PIN? How are you reprogramming your physical card on the fly?

When you make such bold claims, it is difficult to take any other part of your product seriously.