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Launch HN: Point (YC W19) – First Debit Card with Points

Hi HN community, We’re Patrick, Kenan, and Sid, the founders of Point ( https://trypointbank.com ), a consumer digital bank focused on rewards. After being fed up with the poor customer experience and tactics of traditional banks, we did some digging into why we put up with our own subpar banks. We've discovered that the way most people end up with their current bank is by default (ex: parents set it up for them), rather than by choice. The complete opposite was the case for credit cards; credit cards were actually chosen based on their qualities. We began to wonder why a solution that combined the rewards and benefits of a credit card, with the simplicity of a bank account didn’t exist. After extensive research and testing of various existing products, we determined that everything came up short for our personal needs. That was the problem. Whether it was simply the lack

Why it failed

Hi HN community, We’re Patrick, Kenan, and Sid, the founders of Point ( https://trypointbank.com ), a consumer digital bank focused on rewards. After being fed up with the poor customer experience and tactics of traditional banks, we did some digging into why we put up

Kind
startup
Status
Shut down
Inventor
patrickmro
Ended
2019
Source
hackernews
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