@justawebguy Similar we'd agree. A key differentiator is the multi-currency nature - we have both Euro and Sterling accounts, each with their own IBANs and Sort Code/Account Numbers. You get one of each as standard, and can open more if you need instantly. Collect and pay out to any account in Europe or the UK. You can move funds between the currencies instantly at great rates (our fees are here: https://fire.com/fees-and-charges).
This year we are focussing on ecosystem integrations using our API (see https://fire.com/docs) so a Fire account will become an obvious choice if you use accounting software like Xero and FreeAgent, or other services like Stripe, GoCardless etc. You can develop your own integration into the account using the API too - Jamie's already demoed an Alexa integration! https://twitter.com/Jamie_Farrel...
The pricing aligns more closely with the Holvi Basic account, while offering the banking features of the Pro account (role based permissions with multiple users and multiple debit cards per account for example).
If you have any other questions, let me know!
Put myself and Owen as makers, but there's not just us of course! A few months back we rebranded from PayWithFire.com to Fire.com which was a big step for the company. It's open to UK and Irish customers, but we're hoping to expand to elsewhere in the future.
At the moment the big banks are very slow here (probably the same in the US), when you want to open a bank account it takes a few months (and you'll have to actually go to a bank to apply!), at that stage you just get one currency, if you want another you'll have to go through another application process which also takes around 3 months - not good. With Fire you can apply fully online and within 24 hours get up and running (both a £ and € account). If you want even more accounts, you can get another by just clicking "Add account" and you're done. Not to mention the banks charge ridiculous fees for startups that only have a few payments coming in now and again, who would much prefer fees based on usage.
The feedback has been really positive from startups that just can't wait months and months to get access to a bank account. There's a personal app too which I suppose is similar to Venmo in the US. If anyone has any questions give us a shout.
@lldavedave@jamie_farrelly Dave! How's the craic? We're regulated in Europe, which doesn't cover us to enter the US. However, it's on the very righthand edge of the roadmap to get regulated there in time.
Wow this looks amazing. I was recently looking at getting Estonian e-residency simply as they are soon to launch ability to open bank accounts online, and this is good for me as I travel a lot. But this negates the need for it. If I understand correctly, I can open a uk limited company in an hour or so and then get a bank account with Fire within a day? That's amazing. For my different side projects and new business ideas that is ridiculously useful 👍💯🙌
@thetwopct That's pretty much it James! At the minute UK and Irish companies can open up a business account even if the founders or whatever are based elsewhere.
Mage
Overgrowth
Overgrowth
Wonder for iOS and Android
Overgrowth
Wonder for iOS and Android
This is Broken
Overgrowth