Yep, there’s a change to open banking coming called ‘variable recurring payments’. Catchy
Basically this means being able to move money easily, regularly and automatically from your bank account to your Freetrade account. It’s also a whole lot less clunky and expensive than standing orders and Direct Debit. The banks have been mandated to implement this, so we’re waiting with bated breath…
That’s it for today folks - thanks for your questions, it’s been fun, I hope you’ve got some of the answers you hoped for, there’s so much more to come!
Enjoy your weekends and look out for more insightful AMAs to follow soon.
That’s a great answer, which I would not have thought of!
Not sure if it would count as ‘advice’, but a “because you bought…” suggestion would be interesting for sure. Definitely good to learn off other apps, even in completely different industries.
That’s right @Peter, the overall design of our apps have done us fine until now, though as we’re now currently delving into the design for the web and thinking about the future complexity of our products, we will need to make improvements.