14/04/2010

Starting a (better) bank.

Awhile back, I remember reading an impressive essay by Matt Mullenweg (founder of WordPress) on how he would start a bank, if he wasn't leading Automattic. He gave it a name i.e. SafeBank, goes on to list its would-be features, design, how the bank would make money, market itself virally, and how a big part of the bank's website would be the blog.

Today I come across banksimple, which fulfills almost all of Matt's visions for SafeBank.

If Matt isn't involved in this already, I guess someone out there was listening.

Update: 27/5/2010 
banksimple is co-founded by early Twitter employee Alex Payne. (Source)

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