betterbanking.app

Bank that fights medical debt with a free $5K emergency fund

8 followers

Visit website
•
•
Get your paycheck in betterbank.app and claim $5000 of no-fee insurance in case of a medical emergency. We help cover! 🚨 E.R. 👩‍⚕️ Medical bills 🏠 Rent 🛒 Groceries 💼 Lost income 💯 Not a loan, no need to pay us back. 🕊️Benefit-Corp 👉Read our story
betterbanking.app gallery image
betterbanking.app gallery image
betterbanking.app gallery image
Launch tags:Freelance•Fintech•Payments
Launch Team
OS Ninja
OS Ninja
Explore and Learn Open Source using AI
Promoted

What do you think? …

Kaushik Tiwari
Maker
Hey there PH! I am Kaushik, co-founder and CEO of betterbank.app! We are two brothers who built betterbank after struggling with medical debt ourselves. As freelancers living in NYC, we realized the biggest challenge to our finances was a one-off medical emergency that left us with hospital bills and unable to work for a while. This is true for the majority of Americans. So we built a checking account that comes with a free emergency fund! The emergency fund is an insurance policy that will pay up to $5000 directly in your betterbank account in case of a medical emergency. It's not a loan, you don't have to pay it back. We can help cover out-of-pocket expenses that health insurance doesn’t cover like deductibles, lost wages and even rent! We fund the insurance safety net using “interchange fees” i.e everytime you use the betterbank debit card, we get a small % from the merchant which means zero fees for you! We are starting to onboard our first users so comment below or hit us up at founders@betterbank.app if you are interested! Cheers Kaushik & Saumik! P.S: we are all ears for any medical debt horror stories that you may have! Please share :)
Utkarsh Shukla
@betterbank @kaushikktiwari Hi Kaushik, I really like the idea. I wish I could have used this in India. The website cleared all the doubts I had about the product, its clean, minimal and to the point. Keep going, brother.
Kaushik Tiwari
Maker
thanks Utkarsh! I appreciate the words of encouragement! Please share it with your friends!
Kaushik Tiwari
Maker
And we might be coming to India soon, you never know ;)
Fajar Siddiq
@betterbank @kaushikktiwari YO BRO!!!!!! THIS IS SO AWESOME!!!! omg, glad you guys are fine. The blog is really inspiring! Glad this app is launch. Congratulations on the launch!!!!! Much love from me, from Singapore 🇸🇬
Kaushik Tiwari
Maker
Thanks Fajar! And glad you took the the time to read the blog! Have a great evening and rest of the week. Sending best wishes to Singapore!
James
Clockk
Congrats on the launch! 🚀 Is this only available in the US?
Kaushik Tiwari
Maker
@jamessm Sadly, for now only in the US. If you dont mind me asking, which country would you want us to be present?
James
Clockk
@kaushikktiwari 🇨🇦Canada 🇨🇦. We already have a pretty good healthcare system, but even without the need for a safety net, it looks like a cool app!
Kaushik Tiwari
Maker
@jamessm Oh Canada! :) The safety net is valuable regardless of medical bills. We pay you cash that you can use in anyway you want---recovering from an injury can mean taking ubers instead of public transit we can help cover that, or not being able to work--we can pay for lost wages! We will keep Canada on our mind! Have a great day and thanks for stopping by with such kind words!
Himanshu Mishra
Hoverify
Just checked out the video for betterbank. Definitely one of the better promo videos I've seen since Robinhood.
Kaushik Tiwari
Maker
@zicsus Thanks! We are proud of the video!
William M. Ballance
Lavender
Met these guys in NYC and love the concept. Excited to see it launch on PH!
Kaushik Tiwari
Maker
@mballance Hell yeah! Really enjoyed that chat, lets sync up offline soon! Maybe we can catch up over some beers courtesy wework ;)
Abhineet Kumar
Rocket Journal
Excited to see where BetterBank goes. Most definitely has immense potential! Good luck Kaushi and Saumik 👍🏽
Kaushik Tiwari
Maker
@abhineetsays I sure know that it wouldn't be here without your support! Thanks for being an amazing sounding board for ideas!
Sumeet Singh
Love the concept - much needed product for the thousands of Americans who cannot afford a surprise medical bill, plus those who are deferring care which may lead to emergencies!
Kaushik Tiwari
Maker
@sumeet_singh6 Thanks Sumeet! You were the first to see the need of what we are building. Forever grateful for that initial bit of encouragement!
Pradip Khakhar
Congrats on the launch. Looking forward to seeing how this concept plays out. Def interesting - can relate to the healthcare expenses.
Kaushik Tiwari
Maker
@pradipcloud that's where we want to go with this. Our thesis is to ultimately be able to influence how out of pocket healthcare dollars are spent and negotiate better deals for our customers!
123
•••
Next
Last