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Sharing Money Shouldn’t Be Hard. Introducing Braid

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14 points by inmygarage 6 years ago · 3 comments

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andrewacove 6 years ago

This sounds perfect for my burning man camp. Now we won't have to sit at the pepper mill debating how to split things fairly.

inmygarageOP 6 years ago

Hey all -- Co-founder of Braid here. I'm a YC alum (S2010). Excited to share Braid w/everyone today.

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.

jaren 6 years ago

I am on the west coast and my parents are in south.

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.

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