Development is painful, slow, and expensive. Once built, products are still subject to traditional financial friction.
Traditional solutions require you to spend years finding a partner bank, contracting and integrating with half a dozen vendors, and figuring out how to fit your product in today's regulatory environment.
High user abandonment rates
Complex and unintuitive onboarding flows cause user abandonment and decrease conversion.
ACH takes days to clear, introducing unwanted payment friction into your product ecosystem.
Developing financial products on legacy infrastructure is expensive and time consuming.