Listen to this articleBelow is our recent interview with Brad Liebmann, CEO at alt.bank:
Q: For those who have never heard of it, how would you describe alt.bank?
A: alt.bank is the only Brazilian bank guided by its social mission, which stresses the idea that all Brazilians have the right to open up a bank account and access non-predatory credit. Our app, our communications, our content, and our products are all designed for those that have been traditionally excluded from the mainstream banking system.
Q: Why should we use your app? What makes it unique?
A: Our app is extremely easy to use compared to other banking apps. It’s guided by color codes and easy to use features. We also offer lifetime commissions to all our members who refer other new members. Our partnerships, like the ones we have with the three largest pharmacy chains in the country like Drogasil and Drograiam, provide our members with 5-30% discounts on various products.
Q: You’ve recently raised $5.5 Million in Series A funding; can you tell us something more?
A: The money raised will be used towards the development of new products like our credit products, hiring new talent, and acquisition of new members.
Q: Could you tell us more about your debit card?
A: Our debit card, affectionately known as the “amarelinho” works like any traditional debit card and operates under the visa flag.
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Q: What can we expect from you later in 2021? What are your plans?
A: We have many plans. But one of our most exciting projects is the launch of personal loans and a credit card, both with non-predatory interest rates. Stay tuned.
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