We are building a group account with a debit card and permissions. It eliminates the need to track expenses after-the-fact (no more spreadsheets) and hopefully makes shared spending easier. The only product for this currently is a joint bank account, but that’s not ideal for a bunch of reasons. In the app, you can set permissions to specify who can spend the money and how, and use the unique account/routing numbers and virtual cards to pay for shared expenses.
Some usage we've seen so far from early users: -Couples using it as a lightweight joint account -Roommates using it as a house account -Sharing money with family members as a way to help/support everyday expenses -Divorced co-parents who share childcare expenses -Social envelope budgeting
The product is totally free. U.S. only for now. Would love to hear your feedback.
When the pandemic hit, braid made it really seamless to ensure she had last minute spending money for the expensive and unexpected trips to the doctor, groceries, and gas station.
Momma dukes loves the in app chat too.