Launch HN: Method Financial (YC S19) – API to embed debt repayment into your app
Hi HN, we’re Jose and Marco from Method ( https://methodfi.com ). We are building a developer-first API that makes it easy for developers to embed debt repayment into their applications. We enable your business to push money to any type of consumer debt, like student loans, credit cards, and mortgages, on behalf of your users. Making payments to consumer debt on behalf of individuals is an archaic process. In most instances it involves mailing physical checks. If APIs exist at all, they are brittle. Figuring out how to do this with reasonable UX is costly, time-consuming, and involves lengthy compliance processes. Fintechs have innovated to help users manage savings and investments, but so far have done little with debt, which is actually many people’s biggest anxiety. Ballooning American consumer debt means there’s a great need in this space, but fintechs attempting to enter i
Why it failed
Hi HN, we’re Jose and Marco from Method ( https://methodfi.com ). We are building a developer-first API that makes it easy for developers to embed debt repayment into their applications. We enable your business to push money to any type of consumer debt, like student lo
- Kind
- startup
- Status
- Shut down
- Inventor
- joseb
- Ended
- 2022
- Source
- hackernews