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Increase
Increase

Increase

Angel

Modern API banking for fast transfers, investments, and money management.

HQ
Bend, OR, US
Founded
2020
Accelerator
Y Combinator logoY CombinatorS20
Overview
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Employees
News

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 - Similar Companies

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Increase - Quick Facts

Who are Increase's competitors?

Companies similar to Increase include Modernbanc, Treasury Prime, Dapi and Integration Labs.

When was Increase founded?

Increase was founded in 2020.

Where is Increase's headquarters located?

Increase's headquarters is located in Bend, OR, US.

How many employees does Increase have?

Increase has 6 employees as of Feb 24, 2024.

Increase - Classification

Ownership
  • Private Equity
  • Venture Capital
Technology
  • APIs
  • FinTech
Geographic Exposure
  • United States
Model
  • Platform
Revenue
  • Recurring
  • Software
  • Transactional
Customer
  • Enterprise
Main Product
  • APIs
  • Banking
Tags
  • API
  • Fintech
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services
Show 4 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice