betterbanking.app

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

1.0•1 review•

8 followers

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

1.0•1 review•

8 followers

•

•

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

Launch tags:

Freelance•Fintech•Payments

Launch Team

Kaushik Tiwari

betterbanking.app

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 :)

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5yr ago

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.

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5yr ago

Kaushik Tiwari

betterbanking.app

Maker

thanks Utkarsh! I appreciate the words of encouragement! Please share it with your friends!

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5yr ago

Kaushik Tiwari

betterbanking.app

Maker

And we might be coming to India soon, you never know ;)

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5yr ago

Fajar Siddiq

SuperMakers

@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 🇸🇬

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5yr ago

Kaushik Tiwari

betterbanking.app

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!

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5yr ago

James

Clockk

Congrats on the launch! 🚀 Is this only available in the US?

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5yr ago

Kaushik Tiwari

betterbanking.app

Maker

@jamessm Sadly, for now only in the US. If you dont mind me asking, which country would you want us to be present?

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5yr ago

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!

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5yr ago

Kaushik Tiwari

betterbanking.app

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!

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5yr ago