Tired of overspending and endless credit card bills?
MIMO is a banking service that teaches people how to consume responsibly by reducing unplanned purchases and saving money for future spending. MIMO comprises a system with different tools, physical and digital, that helps the young generation reduce impulsive shopping. Imagine a bank that has a reward system for keeping your finances in a healthy condition, which also provides a collective community to connect client-to-client.
MIMO aims to make banking mean more than interactions with a regular financial institution but also helping people escape the sinful loop of overspending (leading to credit card debt and moonlight clan.) Consequently, we can also reduce wastage created by unplanned spending.
The Starter Kit
When applying for a MIMO account, the client will receive a debit card and a starter kit box, containing a MIMO uniform, Buynary with the MIMO app download source, and a wearable shopping bag. The starter kit box can also be repurposed into a storage plate or money bank, with instructions given on the bottom of the box.
Sometimes, “retail therapy” makes you feel happy. When you are buying something, you feel a moment of happiness and a sense of entitlement. What would happen if you could enjoy that feeling without spending your money and, instead, helping your friends buy what they need? Buynary enables a win-win situation, allowing you to experience retail therapy and your friends to avoid impulse shopping.