Outlet Finance

Replace your bank account with DeFi

49 followers

Replace your bank account with DeFi

49 followers

The Outlet Finance app allows your to replace your bank account with a simple and easy to use crypto wallet that is designed for the non crypto person.

Free

Launch tags:Android•iOS•Fintech

Launch Team

Render: Get up to $100K in startup creditsCloud infrastructure for founders who want to move fast and NOT break things

Promoted

Are you really guaranteeing this 9% APY or there's a catch? that would be $9M/yr if I was to deposit 100M

Report

5yr ago

Outlet Finance

Maker

@md5sha1 APY can change month to month, but yes we can support that type of volume.

Report

5yr ago

Frida van Lisa

In traditional finance theory APY is a substitute of risk. Could you talk about that risk since the deposits are not government guaranteed? What happens in case of hacks (there have been too many in 2021) so that hard earning workers don't lose all their money?

Report

5yr ago

what's the economics behind this? How do you guarantee the % every year, and do you re-invest any money in broader markets for greater returns? Are you guys regulated?

Report

5yr ago

In your how this works page, you mention Over Collateralized Loans are only some of the loans in the pool. Do you guys make under collateralized loans? What if these default and exceed the value of the overall pool? Do you liquidate assets?

Report

5yr ago

Outlet Finance

Maker

Hey Everyone! At Outlet our mission is to replace your bank account with Decentralized Finance. We are making it simple and safe for over 37,000 current people using the app as a saving account replacement. Over the next 30 days we will be launching our card and bank account features! Outlet is a crypto app for non crypto people. We help normal folks rid themselves of their bank for a better more incentive aligned relationship. You can join our discord to hear from the few thousand of active users that hang out in the server each day and talk about the completely free experience Outlet has to offer for the DeFi curious user.

Report

5yr ago

I've been using Outlet since their Android launch last year. They have worked through their growing pains with gusto, and I have been nothing but satisfied with them so far. I look forward to seeing where they will go in the future!

Report

5yr ago

Outlet Finance

Maker

@cwa0001 Thank you!

Report

5yr ago

I love the idea, wish the app was more iOS reliable…I’d put my money in a second! Plus If referrals were clearer, I could probably bring 500 people from my platforms!

Report

5yr ago

Outlet Finance

Maker

@candice_wilhelm The app is on IOS and we pay $10 per referral.

Report

5yr ago

@patrickmanfra yep, I’ve had it for awhile and upvoted it 😊 I was just unclear as to when the referred would receive, it’ll be easier to promote if have that info! I love it and want to share….

Report

5yr ago

1 2 3

Reviews