This start-up wants to take on the banks with a one-stop ‘super app’

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This start-up wants to take on the banks with a one-stop ‘super app’
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Listed fintech start-up Douugh is asking investors to buy-in to its long-term vision, that it is better equipped than the big banks to offer an all-in-one super-app.

and 10-minute home loans via its app.

“I’m quite surprised that CBA pulled the trigger early [on crypto], to be honest, but I suspect it might be more like an Amazon PR stunt where they say they’re flying drones to deliver your parcels, rather than it actually being close to launch.

to fund marketing and customer acquisition, and it is this growth that investors will be watching closely in 2022 to judge whether Douugh is delivering on its aims.in technology workers as the biggest challenge he is facing, but knows that external judges of the company’s performance will be looking for it to become a well-known brand, being extensively used by its customers.

“Our game is KYC approved customers that we’re issuing a bank account and a debit card to, and who are funding those accounts and paying us a monthly subscription,” Mr Taylor said.

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