No it’s not. This sort of business is the future of financial...

No it’s not. This sort of business is the future of financial planning, in Australia anyway. After 2025 when 80% of financial advisors leave, these fintech apps will be picking up all the low to middle income and fee sensitive clients. So if you can buy a business like this for a few million before it’s worth hundreds of millions or a $B, then so be it. I like the monthly subscription fee model. It’ll be a bit like the XRO for mums, dads and kids that make money. Is DOU overvalued now, I think so but in the future I’ll probably be thinking, gee it was cheap. One problem is there are a few apps already, it’s just a case of working out which one I think is best and most popular going forwards.

I like how they are starting in the USA. For the richest country in the world, they certainly have the poorest financial system in terms of functionality.