Personal Finance Canada

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Wealthsimple Cash has increased their interest rates to 4% for regular users and 4.5% for premium users. (help.wealthsimple.com)

submitted 2 years ago* (last edited 2 years ago) by [email protected] to c/[email protected]

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[–] [email protected] 3 points 2 years ago (1 children)

People said the same in Brazil when Nubank appeared, but it's now the second biggest bank in Brazil 🤷 the playbook is pretty similar for all of these fintechs, I can't see why Canada would not follow the same path

[–] chockblock 4 points 2 years ago

Another example is the cash app in the states. Lots of young people treating that like their bank account.