Thanks for your message and I appreciate you reading our offer document!
In summary, yes, business accounts will be at the core of Parpera
Multi-currency wallets and cards are on our product roadmap - we’re often told by our community that enabling the ability to pay and receive money, globally, is important to them and would help improve the way they do business. And personally, I believe that way we do business is now borderless and our financial services providers need to do a better job of supporting / enabling this.
Parpera will be offered on a subscription basis. We’ve currently listed $15 and $25 per month as our 2 tiers in the offer document, to support our financial forecast modelling. However, we will test this with our community and continue to refine the different features and pricing packages available. The intent is to be clear, fair and transparent on our fees so that we can build a sustainable business while delivering you with value and a high quality offering.
We say we’re less Bank-like because we’re not an Authorised Deposit Taking institution (a Bank), which primarily focus on taking in money (in the form of deposits) and lend out money (in the form of loans) to make money. This represents the traditional banking model, and in our view, is not aligned with the best interests of a business owner, who is seeking to run and grow their business - this often does not require you to borrow money, which is what the Banks focus on to drive profit.
We are more SaaS like as we charge a subscription fee and are focused on technology and innovation to address the key problems we all face in managing money for our businesses and our lives.
We’ll be integrating with trusted and established infrastructure providers to provide the business account (wallet), card and money management capabilities to deliver on the features we’ve outlined in the offer document and over time will announce new partnerships that will support the delivery of key capabilities and our marketplace offering.
We will soon begin to share more on this and our product development process and are excited to increase your and the community’s involvement in progressing the design and build of our proposition.
I hope this was helpful - please feel free to let us know if you have any further questions.
All the best,