Introducing Increase Bank, Built on the Infrastructure Powering Hundreds of Billions in Money MovementAnnouncing the launch of Increase Bank, bringing a modern bank core together with regulated banking services to help teams build the best financial products with greater speed, precision, and control. Founded in 2020, Increase’s banking infrastructure and APIs enable companies like Gusto, Ramp, and Stripe to move, store, and lend hundreds of billions of dollars. With the addition of Increase Bank, an FDIC-member institution, fintech companies now have access to a bank engineered for their needs.
Vantaca Partners with Increase to Launch Vendor Pay SolutionIncrease, the modern banking core engineered for builders, is partnering with Vantaca, an AI-first technology company purpose-built for community association management, to power the company’s new Vantaca Vendor solution. By using Increase’s banking infrastructure and APIs, Vantaca was able to embed payment infrastructure directly into its platform and build a comprehensive vendor pay experience for property management companies. The solution, Vantaca Vendor, is a fully embedded payments experience spanning ACH, cards, and checks.
Increase Expands Instant Payment Solutions to Include Push-to-Card Transfers
Increase, a modern banking core purpose-built to help technology companies store, move, and reconcile money, has expanded instant payments to include push-to-card transfers. This latest addition to the Increase platform enables companies to issue payouts, disbursements, and refunds directly to eligible Mastercard or Visa cards. The company also announced that Warren Brown has joined Increase as the General Manager of its card issuing solutions.
