Instaswitch Launches Account Activation Infrastructure for Business Banking and Announces $4.7m in Funding
Seed round led by Chicago Ventures, with backing from fintech executives from Unit, Square, PayPal, and Plaid. Early customers include Arc, Relay Financial, Lettuce Financial, and additional regional and community banks, alongside fintech partnerships. InstaSwitch launched the first infrastructure that helps business banks turn opened accounts into active ones and......