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Fire – A digital account in Euro and GBP along with a debit card

1 pointsby JamieF1about 8 years ago

1 comment

JamieF1about 8 years ago
I saw Root posted on here today (<a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=14256300" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=14256300</a>) and thought I&#x27;d post about Fire (I&#x27;ve been working for Fire for a few years now).<p>A few months back we rebranded from PayWithFire.com to Fire.com which was a big step for the company. It&#x27;s open to UK and Irish customers, but we&#x27;re hoping to expand to elsewhere in the future.<p>At the moment the big banks are very slow here (probably the same in the US), when you want to open a bank account it takes a few months (and you&#x27;ll have to actually go to a bank to apply!), at that stage you just get one currency, if you want another you&#x27;ll have to go through another application process which also takes around 3 months - not good.<p>With Fire you can apply fully online and within 24 hours get up and running (both a £ and € account). If you want even more accounts, you can get another by just clicking &quot;Add account&quot; and you&#x27;re done. Not to mention the banks charge ridiculous fees for startups that only have a few payments coming in now and again, who would much prefer fees based on usage. There&#x27;s read only API access to the business account too which is handy for developers!<p>The feedback has been really positive from startups that just can&#x27;t wait months and months to get access to a bank account. There&#x27;s a personal app too which I suppose is similar to Venmo in the US. If anyone has any questions give us a shout.
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