What is HCB?
Built by students, for students—HCB is the nonprofit neobank powering local hackathons, clubs, and teams with 501(c)(3) status. Collect donations, send payments, issue cards, and manage funds with ease. Focus on building—we’ll handle money.
Problem
Students and student organizations managing funds for hackathons, clubs, and teams face challenges with traditional banking solutions lacking dedicated nonprofit tools, 501(c)(3) status access, and streamlined donation/payment workflows.
Solution
A nonprofit-focused neobank platform enabling users to manage donations, send payments, issue cards, and handle funds with built-in 501(c)(3) compliance. Example: Collect tax-deductible donations and distribute budgets via virtual cards.
Customers
Student leaders, hackathon organizers, and university club managers (demographics: aged 18–25, tech-savvy) needing compliant financial tools for grassroots initiatives.
Unique Features
Open-source infrastructure, nonprofit 501(c)(3) status integration, and fee-free financial operations tailored for educational/community projects.
User Comments
Simplifies tax-compliant fundraising for student groups; Eliminates bureaucratic hurdles for nonprofit banking; Intuitive interface for budget tracking; Trusted by 100+ hackathons; Saves time on financial admin.
Traction
Featured on ProductHunt with 500+ upvotes; Powers 150+ student organizations; Processes $2M+ annually; Built by a team of student developers.
Market Size
The US nonprofit sector handles $1.2 trillion annually, with 1.5M+ organizations requiring financial tools (National Center for Charitable Statistics, 2023).
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