Aspiration is competing with a range of players, and while it has 1.5 million users, fellow US-based challenger Chime already hit 5 million accounts:
provides users with access to its cash management account product, dubbed Spend & Save Account, which offers up to 1% APY interest and five free ATM withdrawals every month. It also provides services such as an investment offering with a $10 minimum opening deposit, as well as Individual Retirement Accounts . Additionally, it gives 10% of what it earns to charities.Aspiration already laid off 15% of its staff earlier this year, which could indicate problems within the firm.
The US neobank market is getting increasingly crowded, likely making it harder for individual players to scoop up funding. Aspiration is competing with a range of players in the industry, and while the neobank has 1.5 million users, local competitor Chime already
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Forget the Oval. The real Trump action is in the residence.Fixated on impeachment proceedings against him, President Donald Trump is increasingly taking his official business to the White House’s executive residence to escape perceived risks of his formal office space
Baca lebih lajut »
YouTube struggles to keep promise to label state-sponsored videos - Business InsiderProPublica identified 57 government-funded channels on YouTube that were not initially labeled as state-sponsored.
Baca lebih lajut »
The RAM 1500 pickup truck is Business Insider's 2019 Car of the YearIt bested some serious competition, including the Lamborghini Urus, Nissan Leaf SL Plus, Cadillac XT4, Mercedes A220, and Porsche Cayenne.
Baca lebih lajut »
Mars CEO: Millennials treating pets like kids is good for business - Business InsiderThe pet care industry is booming, especially among Gen Z and millennials, who increasingly see their pets as more than just animals.
Baca lebih lajut »
12 podcasts to help manage your company or small business's finances - Business InsiderTo help you get comfortable wearing that CFO hat, we rounded up 11 company founders and small business owners to recommend their favorite podcasts.
Baca lebih lajut »