French startup Shine wants to be the only professional bank account you need if you're a freelancer. So far, 25,000 people have signed up for a $ 9.3 million funding round.
Shine wants to help freelancers in France all the steps of the way. After signing up, the app helps you fill in the paperwork to create your freelancer status. You then get a card and banking information.
This way, you can generate invoices, accept and pay for stuff. Creating an account and basic transactions have been free so far. But starting on January 21st, freelancers want to pay € 196 to € 7.90 per month depending on their status.
Freelancers who generate less than $ 70,000 (so-called "auto-entrepreneurs") want to pay $ 4.90 per month while others want to pay more. This is still cheaper than most professional bank accounts. Existing users do not want to pay anything.
The company recommends premium plans in the past, but Shine now wants to create a single plan with a unified feature set for everyone.
In addition to that change, the startup is working on some new features. Soon, you'll be able to generate better exports for accounting purposes.
But Shine does not just want to build an endless list of bullet points with as many features as possible. The company wants to create the best banking assistant for freelancers.
It's just customer support for the product ̵