Startup Showcase: Modern – The First Payment Protection Platform for Household Bills

As the cost of living rises, more and more middle-income households struggle to pay their essential bills on time each month. This is where Modern steps in, providing a unique payment protection platform that ensures their customers never miss another household bill. With a mission to build the Financial OS for working-class Americans, Modern is transforming the way we think about bill payments and financial protection.

Introducing Modern Bill Protect – The Future of Bill Payments

Modern Bill Protect is a dynamic payment protection platform that combines a charge card with intelligent NSF protection to ensure that their customers never miss another household bill payment. With Modern Bill Protect, customers can finally rest easy knowing that their bills will be paid on time, every time. Unlike other payment protection services, Modern Bill Protect covers all household bills, including rent, utilities, and even insurance payments.

How Does Modern Bill Protect Work?

Modern Bill Protect is easy to use and straightforward. Customers sign up for an account on the Modern website and link their existing bank account. Once the account is set up, Modern Bill Protect automatically pays all of the customer’s household bills on time. If there are insufficient funds in the customer’s bank account, Modern Bill Protect will cover the payment and charge a small fee.

Benefits of Modern Bill Protect

The benefits of using Modern Bill Protect are numerous. Firstly, it ensures that customers never miss a payment, which can have a significant impact on their credit score. Additionally, it simplifies the bill payment process and removes the stress and hassle of managing multiple bills. Finally, it offers customers the peace of mind that comes with knowing their bills are always paid on time.

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The Future of Modern

Modern is backed by 25Madison, a venture capital firm that specializes in supporting innovative startups. With the support of 25Madison and a team of industry advisors, including a former CEO of Climb Credit, a former Global Head of Compliance at Goldman Sachs, a former COO at Marcus, and a former Product Manager at Credit Sesame, Modern is poised for success.

Modern is on a mission to build the Financial OS for working-class Americans. By creating innovative financial solutions like Modern Bill Protect, they aim to unlock the true strength of positive financial behavior and support networks.

Conclusion

Modern is a startup that is revolutionizing the way we think about bill payments and financial protection. With its innovative Modern Bill Protect platform, it provides a unique solution to the growing problem of middle-income households struggling to pay their essential bills on time. With the support of 25Madison and a team of industry advisors, Modern is poised for success and is on its way to achieving its mission of building the Financial OS for working-class Americans.

Website: https://www.modernwallet.co/

LinkedIn: https://www.linkedin.com/company/modernwallet/


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