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]
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My company uses Arc and I’ve had a great experience so far. Great customer support, clean UI, and higher yield than anyone else
@dan_oakes we're happy you noticed! And we're even happier to consider you a customer!
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Wow, this looks really easy to use. Super sleek design with clear calls to action. I once setup an SVB account and had no idea what was going on with their confusing UI and finance jargon. It looks like Arc really understands where tech founders are coming from, and they're building a great experience for them!
@avi_khemani we were humbled to be the new home for hundreds of millions in deposits that left SVB during the crisis a few months back, and heard a similar story: banking is opaque, confusing, and slow. We're here to change that by putting founders and startups at the center of everything we do!
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What can I do with Arc, that I can't do with mercury?
@coryokeefe@lunera Great question! Short answer: Higher Yield, Higher FDIC coverage, better financing options. All in what we think is an even better UI (and that's saying something!)
Like Mercury, we offer checking and savings accounts, and cards and have a great digitally native UI.
Unlike Mercury, we offer much more in the way of idle cash management - our treasury product has more options, no minimums, and higher rates. We also offer more debt options - from RBF to ABL and Venture Debt.
Of course, my personal favorite: Arc customers have a dedicated relationship manager who knows their business and that they can contact any time, not round robin chat support!
@coryokeefe unlike any other product in the market, Arc is the only platform with (i) customizable brokerage offering that allows users to invest directly in Money Market Funds, US Treasury Bills and FDIC cash sweeps, and (ii) embedded financing where customers can instantly access growth capital without dilution in-app.
Arc truly understands the needs of startups. Their innovative approach to cash management is not just about providing a service, but about building partnerships with startups and leading banks. We switched over from traditional banks because the quality of their service
@alan_zhao3 Thanks Alan! Our customers are startups just like us, and we work hard to go beyond a transactional relationship. That means building true parnterships with them, and letting our customers connect with and use each other's products too!
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