About Increase
Increase is an API-first bank for technology companies. It gives developers direct access to US payment rails, along with accounts, checks and cards that can be built into a product. Increase Bank is a member FDIC.
What it does
Increase lets developers send and receive ACH transfers and wires, use FedNow and real-time payments, and push money to cards. It also provides checks, flexible bank accounts and card issuing. Lending programs such as capital call lines of credit are offered for funds and their borrowers.
Key features
- ACH, wires and checks through an API
- FedNow and real-time payments
- Push-to-card transfers
- Flexible bank accounts for different uses
- Card issuing with real-time decisions
Who it's for
Increase is aimed at technology companies, fintechs and investment funds that want banking built into their software. Engineering teams that prefer code over a dashboard for money movement are the main audience.
Pricing and good to know
The site links to a pricing page and a sign-up flow, so check there for current terms. The company reports high transaction volume and uptime, and it operates across several payment rails. Banking products involve onboarding and compliance checks, so set aside time for approval before launch.
Highlights
- Sends ACH transfers and wires through an API
- Uses FedNow and real-time payment rails
- Pushes instant payments to cards
- Issues cards with real-time decisions
- Opens flexible bank accounts for different uses
