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The Eco App — One simple balance for saving, spending, and making money.
Eco puts your money back to work for you. It's a single balance that lets you spend, send, save and make money at the same time.
Earn 2.5-5% on your balance, plus get 5% cashback at merchants. And, soon, pay bills and send money to friends for more rewards.
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So proud of the Eco team for launching this product! We're also announcing our most recent fundraising today, led by @a16z Crypto: https://eco.com/introducing-eco
Eco isn't a bank, checking account, or credit card — we're building something better than all of those, combined. We've realized that by cutting out the inefficiencies and misaligned business models of the existing financial system, we can build something better.
While we don't usually talk to users about being a crypto company under the hood... it's the truth (thankfully, you all can handle that). And that aspect of our business is what allows us to build a genuinely aligned, sustainable product and business. A business that only wins when you do (no, really).
There's way (way) more on our site about what all this means. So go ahead and check that out on https://eco.com, or just sign up to experience it yourself...
This sounds very nice! I read through the product but I didn't really understand how you guys are paying 2.5% return when mortgages and other loans return 2.9-5%. Is there anywhere you guys provide more clarity about what is going on there?
@jackgisel1 Check this and the couple pages after it out: https://www.eco.com/posts/old-mo...
It's a little long... but hopefully gives some more color!
@glen_creaser Right now just the US unfortunately... working on expanding that ASAP. But -- if you sign up on the site, we might just have a special place for those that we can't serve yet 🤫
Bolt