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A comment on Launch HN: Pana (YC S22) – Social Trust Banking with a US Latino Focus.

Re:Launch HN: Pana (YC S22) – Social Trust Banking with a US... by csomar on Friday August 12, 2022 @12:47PM (#32441044)
Not wanting to sound negative but can you explain how you are not going to shutdown in a year.

Cheese recently announced the closure of all accounts by the next month. It has the same ideas as your startup (except it’s targeting Asians).

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Re:Launch HN: Pana (YC S22) – Social Trust Banking with a US... by Piero0909 on Friday August 12, 2022 @01:37PM (#32441675)
Thats ok :) Its a completely different segment and our early traction as well as our insights for whats to come make us very optimistic for the future.
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Re:Launch HN: Pana (YC S22) – Social Trust Banking with a US... by thorncorona on Saturday August 13, 2022 @05:14AM (#32448150)
That doesn't answer parent comment's question at all.
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Re:Launch HN: Pana (YC S22) – Social Trust Banking with a US... by csomar on Saturday August 13, 2022 @02:28PM (#32452442)
No it doesn’t. It’s a BS answer and a good reason to stay 56 miles away from such a company.
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Re:Launch HN: Pana (YC S22) – Social Trust Banking with a US... by Piero0909 on Monday August 15, 2022 @06:51PM (#32476556)
Hi Csomar, the answer is simple; we've seen great interest for the product we're building and we've personally experience the problem we're solving
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Re:Launch HN: Pana (YC S22) – Social Trust Banking with a US... by trevmckendrick on Friday August 12, 2022 @07:58PM (#32445401)
Where did you see Cheese is closing accounts?
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Re:Launch HN: Pana (YC S22) – Social Trust Banking with a US... by csomar on Saturday August 13, 2022 @01:02AM (#32447076)
They recently sent an email about their winding down.
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