landon_vh

Excited to share my ultimate fintech onboarding guide. Compiled from reviewing some of Y Combinator top fintechs including Yotta, Compound, Puzzle , Bloom and others...

We realized that great onboarding required a few crucial elements:

1. Identifying the one key behavior you want your users to adopt during onboarding 2. Understanding how to leverage cognitive bias' in design 3. Paying immense attention to detail

In the guide, I highlight the most essential and damaging cognitive biases that many companies often overlook. Taking advantage of these biases during onboarding can be game-changing.

I understand that some apps try and exploit bad behaviours and these apps really annoy me to my core. They know who they are. However that is not the case with YSplit. We believe that the current process of one person managing the house finances for everyone is backwards. There is no incentive to do this and there is really only negatives that come with it. Everyone being responsible for their share of the bill teaches roommates to be more financially responsible than to allow one roommate to take care of it all and carry the burden. You nailed it when you mentioned the our biggest selling point helps those who struggle to get the cash together or front the payment. Roommates who normally relied on that one roommate are now learning how to budget better on a monthly basis for the utilities etc.

Hey, our thought exactly! Not sure if you saw in the post, but we are also developing a YSplit card that can split one-time payments e.g, restaurant bills, takeout, vacation & more. When the card is used, it charges everyone their portion. It's a physical or virtual card and is currently in beta. Let me know if you are interested in trying it out!

So this isn't a feature we have advertised on our site yet but we do support check payments on YSplit. We collect the funds before and auto send the check to the landlord to arrive 1 day before the due date. Landlords are currently not complaining that the checks are sent from us but thanks for bringing up this edge case. Super helpful to know as we grow.

Hey, we are constantly improving our landing page so any feedback on it very constructive. Thanks for the affirmation there.

So we don't pay the bill unless everyone has paid their share however we try to make it really easy for everyone to do so i.e through notifications and multiple reminders.