25% of bank branches
"I really think that collaborating and getting that support with a trusted person will help people out of their debt situation, their anxiety, their shame about money, and helps them retain that sense of independence as well," says cofounder and CEO Bailey Kursar. There is a corresponding web platform for the vulnerable person to ensure it can be used by people without access to a smartphone.
The Touco app is based around the carer, allowing them to view financial transactions and safeguard against fraud.The next thing Kursar and her six-person team plan to launch is a Care Card, a prepaid card that aims to give carers a transparent way to pay for things like groceries using the Touco account.
"Lots more people are now talking about vulnerability, which is great," she says. "Unfortunately, the crisis is going to have multiple effects over the next few years, one of which is going to be lots of people needing this type of support." Since then she has worked at peer-to-peer invoice platform MarketFinance and high-profile neobank Monzo, now worth $1.6 billion.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Insider's best investing stories of the week ended July 14 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider webinar with one-click checkout startup Fast - Business InsiderJoin us today at 1:30 p.m! Business Insider payments reporter Shannen Balogh will speak with Domm Holland, Fast's co-founder and CEO, about how he came up with the idea for the company and Jan Hammer, general partner at Index Ventures. This is DOA
Source: BusinessInsider - 🏆 729. / 51 Read more »
Black Nike employees allege racism at company in Instagram account - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Racism is green. It's all about money
Source: BusinessInsider - 🏆 729. / 51 Read more »
Palantir employees itching for the startup to go public - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. techinsider Former Palantir employees say that the startup's workforce has been 'itching to go public's - and the pandemic may have helped speed the secretive company's IPO filing
Source: BusinessInsider - 🏆 729. / 51 Read more »
What happens at reopened tech offices if employees contract COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. What re-opening? Tech companies have been among the most cautious to re-opening with many planning on working from home indefinitely.
Source: BusinessInsider - 🏆 729. / 51 Read more »
TikTok social competitors are capitalizing on app's potential US ban - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Why is the US hesitant to block an app which is spying on them. Terrible politics. THERE ARE SOME HIDDEN CODE LINES in that application that have a CHINESE goverment backdoor control in my opinion... They want to collect data from users to massify the consumption of their products based on these statistics and trends /SHOW YOUR CODE THIS IS A TROY HORSE THERE ARE SOME HIDDEN CODE LINES in that application that have a CHINESE goverment backdoor control in my opinion... They want to collect data from users to massify the consumption of their products based on these statistics and trends /SHOW YOUR CODE
Source: BusinessInsider - 🏆 729. / 51 Read more »