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Comments on “Debitize”
Posts » Debitize » Comments » Comment
Ryan Waite@waiteonryan
This is really useful, another tool I can use with Mint! If you don't mind me asking, though, what is the revenue model for this company?
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Jake Stanley@jakeastanley · CIO, Westrock Coffee East Africa
@waiteonryan I'd imagine they're earning interest on the money transferred daily from your checking account and sitting in your Debitize Reserve Account before your bill is paid each month. Probably a good trade for most users.
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Liran Amrany@liranamrany · Founder, Debitize
@jakeastanley @waiteonryan Thanks for checking us out Ryan! We're not monetizing yet, but plans are to earn the float as Jake mentions, plus affiliate marketing (targeted offers for other financial products - like Mint but hopefully better. We're likely to eventually charge for some features as well, including the Credit Optimize one I described above
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Ryan Waite@waiteonryan
@jakeastanley @liranamrany thanks for the prompt answers :) I'll have to check out the Credit Optimize feature. That is an impressive and really useful feature; I don't think a lot of people realize that if you pay 100% of your credit balance before the next statement that your credit score actually wouldn't be as high as if you left 1% on the balance. That'… See more
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Abe Storey@abe_storey · Entrepreneur & Growth Marketer
@jakeastanley @waiteonryan For what it's worth, this is a freaking brilliant model.
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Liran Amrany@liranamrany · Founder, Debitize
@abe_storey @jakeastanley @waiteonryan Thanks Abe, that's awesome to hear!
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