Ask almost any startup founder and they’ll tell you that business banking is mostly broken. Legacy banks typically provide a clunky user experience trapped in the past. New challenger banks show a lot of promise on the UX front but often come with an immature feature set that hits a wall as soon as a company grows larger.
The solution, says Y Combinator graduate Rebank, is a new digital business banking platform that runs on top of existing business bank accounts. The idea is to provide a single, consolidated view of your business banking activity, coupled with various day-to-day functionality, to enable you to speed through business banking tasks and spend more time actually growing your business.
To continue building out its product and move beyond the current invite-only launch, the U.K. startup has raised $2.8 million in seed funding. Leading the round is ADV, with participation from YC, Oriza Ventures and angel investors, including Jude Gomila...
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