Our Story | betterbanking.app


To help our members lead better financial lives.

Saumik's Rugby team

Founding story

Saumik (our founder) got injured in a college Rugby game had to go to the ER. What came next was months of harassing calls from collection agents and a permanent negative remark on his credit report.

Medical debt has devastating impact

Millions of Americans like us carry medical debt that hurts their chances of a better financial life. We are building a safety net that not only pays for medical bills but also expenses that health insurance won’t cover.

Saumik's credit report
Our founders Kaushik, and Saumik

Building a safety net

We’re two brothers who’ve felt the effects of medical debt and plan to fight it for good. Better Financial is a public benefit corporation and is and forever will provide a financial safety net for folks in need.

Join our Community

A Better Mastercard® Debit Card with no monthly fees, 32,000 MoneyPass® ATMs and the

Worlds 1st Community Safety Net™

Standard text messaging and/or data rates from your wireless service provider may apply.

Community Safety Net is an optional, no fee loyalty program that requires at least $500 in qualifying direct deposits to the Better Spending Account each month and minimum monthly spend of $250 on Better Debit Card.

The Community Safety Net™ is a loyalty program offered by Better Financial Corporation in partnership with external providers. Accident Insurance coverage provided by National Union Fire Insurance Company of Pittsburgh, Pa. Pharmacy Discount cards provided by RXSaver, Inc. The Blue Ridge Bank does not endorse or sponsor, and is not affiliated in any way with other benefits

Out-of-Network cash withdrawal fees apply. Third-party and cash deposit fees may apply.

Banking services provided by Blue Ridge Bank N.A.; Member FDIC. The Lance Visa® Debit Card is issued by Blue Ridge Bank N.A. pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted

This is only a brief description of the coverage(s) available under policy series A30610NUFIC. The Policy will contain reductions, limitations, exclusions, and termination provisions. Full details of the coverage are contained in the Policy. If there are any conflicts between this document and the Policy, the Policy shall govern. Insurance underwritten by National Union Fire Insurance Company of Pittsburgh, Pa. (National Union), a Pennsylvania insurance company, with its principal place of business at 175 Water Street, 18th Floor, New York, NY 10038. It is currently authorized to transact business in all states and the District of Columbia. NAIC No. 19445. National Union is a AIG company. AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries, and coverage is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds

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