TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Show HN: Killing credit cards – meet Bits, a privacy first borrowing app

13 pointsby faisalkhalid80almost 6 years ago

4 comments

timwisalmost 6 years ago
Very intrigued. The things that threw me off were:<p>1. It would be great if you could give an example of what the fees look like. For instance, borrowing £100 for 30 days costs £5 or something. Sounds like I have to sign up and load money into the app to get a sense of how expensive it would be.<p>2. The nicknames for common banking terms may cause more confusion than they&#x27;re worth :&#x2F; I had to make a mental map between &quot;pocket&quot; = account, &quot;bit&quot; = loan, &quot;superpowers&quot; = also loan? before I could understand what I was reading.<p>Good luck!
评论 #20187364 未加载
rahimnathwanialmost 6 years ago
I looked up the company listed on the page (Fea Card Limited) on the FCA&#x27;s register, but there were no matches:<p><a href="https:&#x2F;&#x2F;register.fca.org.uk&#x2F;shpo_nosearchresultpage?mainsearchString=fea+card&amp;search=Fea+Card&amp;sfdcIFrameOrigin=null" rel="nofollow">https:&#x2F;&#x2F;register.fca.org.uk&#x2F;shpo_nosearchresultpage?mainsear...</a>
评论 #20189071 未加载
krageonalmost 6 years ago
They&#x27;re going to have to be making money somehow, yet they claim to charge no interest. I can&#x27;t really find any information about this on their website. Does anyone know?
评论 #20182272 未加载
评论 #20181513 未加载
评论 #20186182 未加载
Nilefalmost 6 years ago
This is a game changer - I don’t think enough fintechs focus on simple legibility of finance and this execution is simple but powerful<p>Signed up for sure!