Love the debate on this thread whether startups can't meaningfully tackle deep societal problems.

We are the working on building a free universal basic safety net for all: https://betterbank.app/

Essentially it's a checking account+insurance policy, bank with us and if you ever got hurt we will pay upto $5k in cash…use it for out-of-pocket expenses+ lost wages. It's free because we make money from debit interchange, targeted at either uninsured young folks who find obamacare to be too expensive or families with high deductibles.

Do we qualify as a profit minded start also doing good? If not, are there any other models out there