Sumday

Sumday

Investing how you least expect it

2 followers

Sumday gallery image
Sumday gallery image
Launch tags:Web AppTech
Launch Team
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What do you think? …

Laura Schultink
Love how they're tapping into the psychology of impulse purchases and putting it to work with impulse investing. If they integrated with Pinterest, my remodel-the-house budget would be in much better shape.
Spencer Wise
@lauraschultink completely agree with this. Flipping impulse purchasing on its head.
Douglas Magnolia
@lauraschultink Glad you like it. We're not on Pinterest as of yet, but it's in the queue...and mine would be in better shape as well!
Nadia Eghbal
@lauraschultink well said.
Becca Edwards
@lauraschultink Agreed. Looking forward to getting access to try it out. I wonder how or if they'll look to gamify it. A lot of people will put another few bucks into savings if it got them points or a new badge right now.
Spencer Noon
Hashtag investing is a really neat idea! I noticed Sumday was created by BNY Mellon. Now, can we invest in Bitcoin with it?
Douglas Magnolia
@spencernoon Hey thanks! We’re not integrated with cryptocurrencies yet, but maybe #sumday. Stay tuned…
David McKinney
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Andrew Torba
I can't believe this was built by a bank. Very cool idea, but simple has a very similar feature called "goals" that will automatically deduct the exact amount needed day by day depending on how much money you want to save by what date. It's legit.
Douglas Magnolia
@torbahax Thank you, we've surprised a lot of our own folks as well. This is early days for us with a lot of interesting things to come. Stay tuned.
Nichole Elizabeth DeMerè (Eithiriel)
What a gorgeous website. Oh, and I really like the idea too.
Douglas Magnolia
@NikkiElizDemere Thank you Nichole! Our designer is blushing...request an invite code and hopefully you'll be as pleased with the service too! #sumday
James Pember
Quite clever. Is it only available in the US?
Douglas Magnolia
@jamesepember Thanks James. Right now we’re only up and running in the States, but other markets are clearly in our future.
Brenden Mulligan
Personally, the "or when you’re feeling inspired with a hashtag" part made me roll my eyes and discount the credibility of the service. I'm clearly not the target demo :)
Kevin Xu
Looks kind of similar to Acorns? https://www.acorns.com/ Basically casual investments but instead of hashtags they do credit card round-ups
andrew
@imkevinxu I was thinking the same thing
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