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1525 points saeedesmaili | 2 comments | | HN request time: 0s | source
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yakkomajuri ◴[] No.43653055[source]
I feel like this with my (current) bank of choice here in Brazil. They were one of the first to focus on being digital-first and allowed opening an account without going to a branch etc. They grew fast and became one of the largest banks in the country and generally considered pretty solid. I've been banking there for like a decade.

Now they've decided to be what they call a "SuperApp". This goddamn super app has a Twitter-like thing inside of it, shopping, and literally dozens of other products. Some core banking features are now hard to find but more importantly I had quite a few issues with investments as well. People who work there also tell me about messy problems on the financial services bits. It's very clear to me that in trying to become everything, they've deprioritized the fundamental products they offer, which are those related to banking. I want to store money, send and receive it, invest it, and have access to credit. But the experience of using those features has become significantly worse as new verticals sprouted up.

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1. rambambram ◴[] No.43655522[source]
I have the same with my banking app here in The Netherlands. I don't know if they try to be a super app, but since a year or two they put all kinds of annoying ads inside their app and unnecessary notifications on top of my account overview. Just show me the numbers, I pay for your service.
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2. crote ◴[] No.43658700[source]
It's the same with mobile payment. AFAIK there isn't a single bank left in The Netherlands which has its own mobile tap-to-pay app, everyone has switched to Google Wallet.

Good for them that they want to save a few bucks on developers, but why do I have to give my payment info to the devil? It's a third party which has nothing to do with the payment itself, and the fact that some banks used to have their own tap-to-pay apps shows that it clearly isn't a technical requirement.