No, for the last 8 years, we’ve been working in collaboration with banking partners to offer our products, which is the same right now- we are in a partnership with Netbank.
We’re a digitally led finance company, so we don’t operate physical branches, therefore we have lower overhead costs and can pass those savings along to customers via features like fee free payments.
We use more automation and modern technology than traditional banks which costs us less- so we can pass that saving on to you, our customers.
We see our customers as partners, and want to treat them fairly, traditional banks don’t actually need to charge for everything, so we can still be a profitable business while being fair.
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