Brilliant Bills on Seedrs

[Freetrade_Team1 (Freetrade_Team)]

@saf

There’s a proliferation of these kinds of start ups now

There’s a low barrier of entry. Is it me or are we seeing more banks move into this space like Barclays?

Exactly, unfortunately I think my comments on Onedox - which were about this space being crowded of course - are these same for this lot -

@anon2636484

I hate to be pessimistic about any startup but…there’s a lot of companies offering subscription management services, especially now that Open Banking is enabling them to access user’s transaction information.

On the pure bill management side you’ve got:

• http://feebuster.co/
• https://www.wonderbill.com/

Then you’ve got the FinTechs like:

• Emma
• Yolt
• Monzo

with Starling & Revolut presumbably following in their footsteps soon. I know of another FinTech startup that’s launching soon, which is making subscription management a core part of their proposition too. And at least one startup that was trying to do this has already closed down.

Trying to pick a winner here is going to be tricky…

The other big concern for me is whether this service is a feature or a business - what are the non-FinTech providers going to offer that the FinTech’s can’t simply add to their apps, alongside all of their other useful services?