Rebank is a financial technology company with a focus on automating banking tasks for high-growth companies. It has created a platform that can be run concurrently with a client's existing banking account and offers features that utilize the data from the account.
The company's platform shows users the movement of money in and out of their bank accounts in real-time and allows for users to make payments as well.The platform can be accessed by clients in the United States, Canada, and the United Kingdom. It can run over multiple bank accounts, including HSBC, Chase, and Wells Fargo, and collect data which can be shared via graphs on the platform's interface. Information that can be analyzed include gross burn rate and runway. Multiple team members can have access to this information and customisable approvals can be initiated in order to streamline the process of sending and receiving money for the business. To access the platform, companies can pay $50 per month as a subscription fee.
Rebank raises $2.8 million in seed funding round led by Accelerated Digital Ventures (ADV), with participation from Y Combinator, Oriza Ventures, and angel investor including Jude Gomila.
Rebank launches on YC Demo Day
Rebank gains FCA approval as an account information service provider.
Rebank accepted into FCA regulatory sandbox - cohort 3
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Josh Constine, Kate Clark, Lucas Matney, Greg Kumparak
March 19, 2019
Rebank raises $2.8M to build a better banking experience for high-growth companies
December 17, 2019
Regulatory sandbox - cohort 3
June 16, 2017