Outlet Finance v2.0 — The 6% account

Patrick Manfra
Outlet.finance
Published in
2 min readApr 27, 2020

When you think about traditional financial accounts the common theme is that a single account does not give you the ability to earn a yield that beats inflation, as well as maintains its principal.

We think this is fundamentally wrong, and the shift to righteousness is happening at Outlet.

The ability to earn a high yield is a right, not a privilege.

6% is now live.

IOS App: https://apps.apple.com/us/app/outlet-high-interest-account/id1475723731
Android App: https://play.google.com/store/apps/details?id=outlet.finance&hl=en_US

We want the bottom 1% to have the same opportunity that savvy investors create for themselves. That starts with savings, and having an opportunity to earn a yield on your cash that makes it worth saving.

When we started Outlet we wanted to build something that people feel empowered using. We want to put passive income in the hands of every human being, on autopilot. We started with open finance to do so, but are committed to making this vision a reality by utilizing other branches in finance. We minimize risk, provide extra security, friction, and costs while solving key UX issues for everyday people to get started accessing the world of open finance.

Version 2.0 of Outlet will have plenty of exciting features such as the following:

  • Robo-advisor
  • Goals
  • Instant deposits and withdraws
  • Wire Transfers

We will be rolling out the rest of these features throughout the course of the next month or so.

We have been focussing on customer feedback and learning from existing customers as a way to better serve future users. We would love to have your feedback, and answer any questions you might have.

We have a chat feature right on the app itself, but our Discord or Twitter are also great ways to get in touch with us.

--

--