Re:Robinhood, in Need of Cash, Raises $1B from Its Investors
by Jake232 on Friday January 29, 2021 @04:26AM
(#25955572)
Starling is neat except you need to request a special exemption from them for EVERY payment you send over £25,000.
Only takes them an hour or so to approve it for you, but it gets pretty old having to do it 3-5x per week.
Re:Robinhood, in Need of Cash, Raises $1B from Its Investors
by gjm11 on Friday January 29, 2021 @07:54AM
(#25956728)
It's actually quite unusual to be making 3-5 payments over £25k in a typical week. Not saying it isn't a real problem for you, but I suspect only a very small fraction of potential users will be bothered by that particular point of friction.
Of course I meant Starling, they were the first challenger bank to offer business accounts as well and I’m very happy so far.