Live data from Hacker News

Show HN: Get a US Company and US Bank Account. Remotely. No SSN Required

doola.com

1–7 of 7 posts

Re: Show HN: Get a US Company and US Bank Account. Remotely. No SSN Required

#4
post #3

> doola is a financial technology company and is not a bank. Banking services provided by Piermont Bank; Member FDIC. How does the actual bank fulfill KYC/AML requirements in this scenario?

hey! the bank will run KYC + AML and it's also why we require identification, full documentation on the company, as well as the beneficiary owners!

No way around KYC + AML, but can streamline process via formation + EIN + bank account integration!

Re: Show HN: Get a US Company and US Bank Account. Remotely. No SSN Required

#5
post #2

It says launched but the service is not ready yet to be tried out yet. It's collecting email addresses for a future date.

Hey! We're beginning to onboard customers, it's not completely "self-serve" yet and even in future, we will have to see if we can bank certain types of companies (ie we can only do LLCs, C Corps, DAO LLCs, no sole props / trusts) and we can't serve money service businesses, adult entertainment, gambling etc!