Hmm... so, Douugh isn't involved in a merger or buyout between bnpl companies (even though the market loves these) but it is involved in a proposed acquisition of a 'milenial-focused investment company'.
Thinking... thinking more... thinking some more.
Sigh, sounds like its Goodments.
I hope its not Goodments because I'm tired of being told that companies with solar panels on their rooves are good for the environment when clearly, it takes a lot of diesel and energy to mine quartz and then make the damn things. And in 20 years they can't be recycled when they die.
Don't get me wrong, nobody wanted to hold Union Carbide after Bhopal but most of what is passed as ethical or good for the environment is utter crap- smoke and mirrors does not make for good investing.
If this is the tie up then I'm dumping because the bnpl biz offers hope to the many who want no interest credit loans, repaid in installments.
I don't want virtue signaling investments.
Look, these are the opposition to Douugh's holistic dream of an everything financial app.
Mint
Personal Capital
Tiller
YNAB (You Need A Budget)
Quicken
Banktivity
Every Dollar
Moneydance
PocketSmith
CountAbout
Status
Wally
GoodBudget
Launchmoney.app
Pocketguard
If Douugh said it was getting in bed with one of these, I'd be impressed. If its Goodments then I'm not impressed.
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