will earn 4% APY on *all* of the money in their business checking account
I couldn’t fit everything into a single tweet sooo I made a tiktok to explain why this is a huge deal for founders 🎉https://tiktok.com/@sarahdchase/video/7192617784667344170…
will earn 4% APY on ALL of the money in their business checking account.
Others in the space offer similar rates via treasury products — a far less compelling offer for founders focused on building a company.
Introducing the world’s first high-yield checking account for startups.
Earn 4% on all funds raised on Capital, or transferred in from another bank 🏦
Get started today at http://capital.xyz/interest
NEW: Ramp x Capital.
Proud to partner with @capitalxyz – our newest startup banking partner with automated fundraising built right-in. https://capital.xyz/partnerships/ramp…
just rolled out a cool banking feature that might not seem like much at first, but founders will really appreciate it.
Most banks display a purchase amount, a transaction date, and an obscure description like FACEBK 5LZL3LKCG2 or SQ *BLUE BOTTLE COFFEE
NEW YORK FOUNDERS: Gov. Hochul announced the state is matching up to $250k in funding for pre-seed and seed rounds led by a private investor/VC. Convertible notes, SAFEs and equity deals all eligible. Must have raised less than $2mm - https://esd.ny.gov/pre-seed-and-seed-matching-fund-program…
, I want to share a bit about the product we’ve built, starting with fundraising.
The most tedious part about raising on SAFEs is keeping track of docs and money movement. As a founder, you need to know who has signed and who has sent funds.
.
Last week, a founder created a bank account, started a round, and invited investors.
Today, they received a $500K investment, activated a debit card, and immediately started spending the funds on AWS.
Rebranding Party Round to Capital seemed like a huge undertaking.
How might we evolve a brand that is already beloved and recognizable, into something that’s timelessly bold and inspiring?
Excited to share more about the new
When we started working on Party Round, our goal was to always build products that helped the next generation of startup founders succeed.
Today, we take the next step towards that vision by launching