FinTech: Nirvana Money Offers A Hybrid Credit-Cum-Debit Card

October 25, 2022 | FinTech, News
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Nirvana Money is launched by Bill Harris, Ex-CEO of Paypal, a fintech pioneer and serial entrepreneur.

Bill Harris has launched Nirvana Money, a credit card that also works like a debit card, allowing for the best of both worlds. It allows the user to use credit when they need it, and cash when they have it. The product also includes an inbuilt gamified rewards program. Intending users need to put their names onto a waiting list, however. (CISION PR Newswire)

Targeted at middle-income Americans, Nirvana Money enables them to build better savings, credit, and financial stability.

Members will get a credit line that increases when they direct deposit their paychecks into the account.

Nirvana’s founder and CEO, Bill Harris, was formerly CEO of Intuit (NASDAQ: INTU), PayPal (NASDAQ: PYPL), and Personal Capital and has founded nine successful financial technology companies.

“Nirvana Money is helping those who are ready to have a different relationship with money,” said Harris. “A relationship with less worry, more control, and even some fun to help get on a credit and savings ladder and progress towards a healthy financial life.”

Related Story: Branchless Bank Chime Offers A Credit Card That Doesn’t Allow You To Get Into Debt

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