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Arc
Software-driven banking & growth capital for startups
# Investing Assistant
Featured on : Jun 29. 2023
Featured on : Jun 29. 2023
What is Arc?
Open accounts in minutes, manage everyday banking needs without fees, safeguard cash, maximize yield, and access capital—all in one platform in partnership with trusted banks. [Arc is a technology company, not a bank: arc.tech/general-disclosures]
Problem
Startups struggle to manage financial operations efficiently, dealing with multiple platforms for banking, capital access, and financial optimization, leading to fragmented financial management and missed opportunities for growth. Dealing with multiple platforms for banking, capital access, and financial optimization.
Solution
Arc is a unified financial platform for startups, providing software-driven banking and growth capital. It allows users to open accounts in minutes, manage everyday banking needs without fees, safeguard cash, maximize yield, and access capital, all in partnership with trusted banks. Open accounts in minutes, manage everyday banking needs without fees, safeguard cash, maximize yield, and access capital.
Customers
Startups and fast-growing companies in need of efficient financial management and growth capital.
Unique Features
Combines banking, cash safeguarding, yield maximization, and capital access in a single platform; partnership with trusted banks for reliability.
User Comments
Users appreciate the unified financial platform.
Positive feedback on the efficiency in managing finances.
Highlighted benefits include quick account setup and no fees for everyday banking.
Appreciation for the access to capital as part of financial management.
Some desire for more customization in financial tools.
Traction
Unavailable specific data on users, revenue or latest feature updates.
Market Size
The global digital banking market size was valued at $803.8 billion in 2020 and is expected to grow.