What it sells
API-first banking for ambitious technology companies.
Business model breakdown
Buyer: who owns the budget?
Engineering and product leaders at fintechs, vertical SaaS platforms and companies with large corporate balances (customers include Ramp, Tekion, Vantaca).
Trigger: what makes them buy now?
UnverifiedNeed to build bill pay, payroll, wallets, embedded lending or fund administration with direct access to Fed rails (ACH, wires, RTP, FedNow) without legacy bank integration.
Workflow: what inputs become what output?
Call API to open accounts and cards, originate ACH, wires, checks, RTP and FedNow, receive deposits and reconcile.
Economics: what it saves and how it charges
Per-transaction fees plus custom monthly platform fees; interest/partner bank economics.
Distribution: how it reaches customers
Developer self-serve signup with docs plus sales for custom pricing.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Summer 2020 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.