How is this different from Stripe Treasury?
Who are the target customers of Stripe Treasury? Existing banks who are fully ultra integrated with legacy mainframe offerings? Who is looking into open a new bank/credit union and like... how much money is needed? How do you compete with Ally or any other "online" bank? How do you build trust and get people to give you their money, and for what benefit to them?
Increase: Banking API
21–30 of 305 posts
Re: Increase: Banking API
#22Thanks @op! Increase employee here: We're early days and not quite ready for open sign-ups yet (sorry, known bug). We'll be more public over the coming weeks and months. We're banking for developers; you can programatically create accounts, cards, and move money. Our users are primarily financial technology companies. We're a small team from Stripe, Robinhood, and Visa building the bank we always wanted. If this soun…
Re: Increase: Banking API
#23It sounds cool, but I don't fully understand: is this a fully-fledged US bank (with a banking license, FDIC insurance, audited,...) that allows you to do all banking transactions through an API, or is this a framework that you can use if you are already a bank to expose all your transactions through an API, or something else?
Re: Increase: Banking API
#24Thanks @op! Increase employee here: We're early days and not quite ready for open sign-ups yet (sorry, known bug). We'll be more public over the coming weeks and months. We're banking for developers; you can programatically create accounts, cards, and move money. Our users are primarily financial technology companies. We're a small team from Stripe, Robinhood, and Visa building the bank we always wanted. If this soun…
Do you consider non-US remote?
Re: Increase: Banking API
#25Re: Increase: Banking API
#26It sounds cool, but I don't fully understand: is this a fully-fledged US bank (with a banking license, FDIC insurance, audited,...) that allows you to do all banking transactions through an API, or is this a framework that you can use if you are already a bank to expose all your transactions through an API, or something else?
There are a number of competitors in this "Banking as a Service" API space like Treasury Prime and Galileo.
Re: Increase: Banking API
#27is this like Column?
Re: Increase: Banking API
#28Thanks @op! Increase employee here: We're early days and not quite ready for open sign-ups yet (sorry, known bug). We'll be more public over the coming weeks and months. We're banking for developers; you can programatically create accounts, cards, and move money. Our users are primarily financial technology companies. We're a small team from Stripe, Robinhood, and Visa building the bank we always wanted. If this soun…
Re: Increase: Banking API
#29Column
Stripe Treasury
Treasury Prime
Unit
Cross River Bank
Any BaaS I'm missing?
???