Increase, founded to revolutionize banking for developers, aims to streamline financial operations through modern API banking. Its core mission is to enable technology companies to programmatically store, move, and reconcile money, thereby accelerating financial transactions and management. Increase offers a comprehensive suite of services including ACH, FedACH, card transactions, bank accounts, wires, checks, and the upcoming FedNow service. The company focuses on providing enterprise-grade banking infrastructure directly from major financial networks like Visa and the Federal Reserve.
Notable figures affiliated with Increase include industry experts in fintech and API development. The company has garnered attention from prominent investors in the tech and financial sectors. Key achievements include the successful integration of their APIs with major financial networks and the launch of innovative banking solutions that cater to the needs of modern technology companies. Increase's impact is evident in its ability to enhance the efficiency and speed of financial transactions, making it a significant player in the fintech landscape.
Increase's most recent funding round was for $150k (USD) in August 2020.
As of Aug 28, 2020, Increase has disclosed funding of $150k (USD).

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