Predict your next investment

Corporation
FINANCIAL | Payments (non-internet/mobile)
bankingup.com

See what CB Insights has to offer

Founded Year

2005

Stage

Series B - II | Dead

Total Raised

$8.77M

Last Raised

$1M

About Banking Up

Banking Up, formerly Plastyc, is a personal finance platform that lets banks and businesses provide customers with a smart, mobile alternative to traditional checking accounts. It includes best-in-class prepaid card accounts that businesses can brand as their own. It incorporates the customer relationship management tools to enroll customers, engage them with email, mobile alerts and loyalty programs and enhance their experience based on real-time analytics and reporting. It seamlessly integrates with the card networks, processors, issuing banks and the electronic payment networks that power the cards.

Banking Up Headquarter Location

55 Broad Street 7th Floor

New York, New York, 10004,

United States

646-485-5267

Latest Banking Up News

Meet Nerve, the Neobank that Turns Banking Up to 11

Aug 19, 2021

Finovate Nerve differentiates itself by serving a unique customer segment– independent musicians. Available in both English and Spanish, the mobile bank helps musical artists “build stronger communities and sustainable careers” to help them manage their finances and plan for the future. Co-founded by fintech veterans John Waupsh and Ben Morrison, Nerve is partnering with Piermont Bank to offer FDIC-insured business debit and savings accounts that will help users separate business and personal finances. The mobile bank also provides artists streaming and social follower data, access to 55,000 free ATMs, and free instant payments to other Nerve accountholders. Unique to Nerve is the bank’s private networking feature that helps professional musicians discover others in their field, network, and collaborate. “Financial empowerment for musicians means giving them a banking platform that understands their unique needs with the tools to help them better manage their money,” said Waupsh. “Musicians and bands at all stages of their development need smart financial management, access to the real-time data that drives their business, not to mention two-minute digital account opening, and collaboration and business banking features to run their brands effectively.” In addition to providing musicians with banking tools, Nerve is also piloting a music streaming app called Nerve FM. The app allows creators to earn subscription revenue from their audio and video content. Musicians keep up to 80 percent of the revenue generated from subscribers who stream their music. The best part is that the musicians get to keep all the user data as well. Move over, Spotify. Nerve launches in the U.S. on September 15. You can catch Waupsh on stage at FinovateFall next month speaking on the neobanking panel on September 13. Register today or check out the FinovateFall homepage to learn more. Share this:

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Banking Up

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Banking Up is included in 1 Expert Collection, including Fintech.

F

Fintech

7,256 items

US-based companies

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.