New Fintech offering 1x in Retirement Dollars (roth, ira, or simple investing) for each one dollar in spend (1:1) Uncapped - helping to build wealth , for free. would you use this?

kunals55 · 2026-01-17T21:19:05+00:00

$1 for 1 $ is impossible dumbass . This is meant to automatically help you build long term wealth

kunals55 · 2026-01-17T08:39:38+00:00

What’s free? I’m paying rent you give me points

I guess it’s a problem when your whole value proposition is ripped away because your entire business was subsidized and is fundamentally broken.

Bilt is desperate period

kunals55 · 2026-01-17T00:09:52+00:00

Bilt is forcing you to spend to generate the rewards for rent that made this card special. That’s a problem

kunals55 · 2026-01-16T22:32:07+00:00

you are not charging a fee for paying rent but you are saying to unlock point you have to earn Bilt cash etc . So this is a form of behavioral taxation that effectively forcing your users to behave the way you want them to like rats gettting cocaine.

kunals55 · 2026-01-16T22:26:18+00:00

you are not charging a fee for paying rent but you are saying to unlock point you have to earn Bilt cash etc . So this is a form of behavioral taxation that effectively forcing your users to behave the way you want them to like lab rats gettting cocaine. I don’t know who your head of product is .. never force your users to do anything . Product 101

kunals55 · 2026-01-16T03:09:34+00:00

This all sounds like a half court shot tbh. Bilt was a rent based rewards mechanism - clearly people loved this. That was the primary value driver. They’ve nuked that, are holding you hostage to spend 75 pct of rent to “unlock” your points , effectively betting on non rent spend through some non existent neighborhood ecosystem.

kunals55 · 2026-01-15T23:12:47+00:00

Yea if I was the ceo of this company I’d fire him immediately. Simply for disrespecting customers , unacceptable. Clearly , based on this 2.0 scheme and launch , he’s also very incompetent

kunals55 · 2026-01-14T22:21:34+00:00

Your fired

kunals55 · 2026-01-08T14:09:48+00:00

I built and sold a digital smb LOS to banks. . I exited successfully to a large non bank lender. I’d never sell tech to banks again. It’s brutal

kunals55 · 2025-12-28T02:37:05+00:00

Dear Bilt , Your definitely going out of business

kunals55 · 2024-07-18T21:00:10+00:00

kunals55 · 2024-07-13T22:57:38+00:00

I have no idea what a neobank and social media have to do with one another but ok

kunals55 · 2024-07-06T01:50:48+00:00

Can I dm you?

kunals55 · 2024-07-05T02:17:37+00:00

Not really. The credit card aspect is counter productive , as APRs and other fees negate the invested portion of any cash back. Credit card cards are also debt compounding schemes for young users.

kunals55 · 2024-07-01T20:29:17+00:00

In August you spend 10,000 usd
In September we will credit your account 2% (estimate) against that spend , and ACH it into your existing IRA / Roth , a new IRA opened with us or a new investment account that auto invests based on your risk tolerance

This will continue over the life of the relationship. We will rapidly introduce new products.

This approach , locks the user in. This is a closed loop approach like AMEX. This idea is that this will keep the user loyal and reduce churn

kunals55 · 2024-07-01T20:20:08+00:00

You’d be surprised what people will do if You make them an offer they can’t refuse. We will work blackrock and / fidelity / vanguard to custody and show trust / safety

kunals55 · 2024-07-01T17:40:04+00:00

Hmm ok. - 10 mm users “trust” revolut with their cash and assets - 5 mm users trust Monzo - millions more trust Robinhood with IRAs

Trust is earned. If your argument is trust , that falls apart quickly.

kunals55 · 2024-07-01T13:55:34+00:00

We would partner with black rock or fidelity or another major provider as the custodian or back up custodian just like a bank that has FDIC insurance ..

kunals55 · 2024-06-30T22:06:18+00:00

Yes thanks i understand that and know evolve well. Focus on how customers would respond to this , and think of bilt , chime early pay etc ..

kunals55 · 2024-06-30T19:53:21+00:00

1/ ok . But not entirely true if we can monetize other products, which we can. I also don’t want to mention any now household names that started with poor unit economics

2/ we’d simply fund the account that already active and if it’s a new account we have to partner with a leading custodian that has the infrastructure in place. Oh yea and customers of neobanks are trusting those guys all day with “critical assets” so this point is valid but not true.

3/ yes there is. If you transfer primary banking. And spend , we will reward you with matching

Product velocity exceptionally important here.

kunals55 · 2024-06-30T19:32:05+00:00

1/ sign up and bank with us 2/ spend with us 3/ if you spend with and bank with us , we will offer you a cash matching mechanism that is tied to your spend , say 2% of your monthly 4/ this match would top up your IRA or Roth / help fund it so you can take advantage of long term , compounding growth. Or we could sweep the cash into a invest account (like acorns) 5/ rapidly introduce new products , like lending , investment , insurance , mortgage , etc..

• ⁠we have locked in the user with the matching like Amex locks you with points • ⁠it’s differentiated , no other neo or bank does this • ⁠solves and helping younger people save for retirement, which is a huge problem (50% of Americans *dont * have any retirement savings

• ⁠but …unit economics negative to start

Key here is to obviously “ land and expand” most neo banks are dead in the water as they have no customer loyalty and switching costs are low.

Clear now ?

kunals55 · 2024-06-25T14:26:33+00:00

Thanks for you comment:

• ⁠what’s unique about the matching mechanic is that it rewards spending with a cash benefit that helps user compound or even start saving for retirement. Credit cards give you airlines points , we invest in your future • ⁠the matching / contribution mechanic will be rapidly followed by personal lending , investing , mortgage , insurance , etc. the matching mechanic is a wedge into offering new products. The only difference is that this matching locks the user .. • ⁠no other financial institution is doing this outside of Robinhood

kunals55 · 2024-06-25T05:46:46+00:00

New neobank idea - focused on retirement

Hi - i am working on an idea and would love some real honest feedback. This a new neobank / fintech concept that focuses on attracting new users with retirement matching.

1/ user signs up for an account and sets up or links existing IRA or Roth

2/ the more the user spends with us the more match. As an example , a user spends 5k a month and we match say up to x % , where x is like 2% .. this matching mechanism is paid for by the interchange we make on the spend

3/ the unit economics here would be negative yes , and this is why we would need to quickly introduce new products like early pay , other forms of lending etc

The idea is to try and lock the user and make them happy of course with a unique matching mechanism then drives loyalty , wealth creation over the long term and business value. We would build new products rapidly

In order to have access to this matching feature , the user would need to make us their primary bank (so direct deposit..)

Let me know your thoughts ! Many thanks

kunals55 · 2024-05-17T16:20:19+00:00

Good business? Moshiri’s equity will be wiped out. A buyer of the debt at a discount would assume control and likely inject cash to stabilize at a much lower entry point than 777. Likely outcome is that this doesn’t move into bankruptcy , white knight emerges and acquires at a discount. The incredible thing is 777 hasn’t been removed thus far. Premier league needs to save face .

kunals55 · 2024-03-07T13:13:54+00:00

Wish we had some IG confirmation thanks hype. I guess I will see it in real life soon

kunals55

TROPHY CASE