Arc - Intelligent cash management & growth capital for businesses

Hey Product Hunt! 👋 Don from Arc, launching the software-driven banking & growth capital platform for startups. We set out building Arc with a simple mission—to help startups grow. At the time, we didn’t anticipate how tumultuous the startup funding, banking, and operating environment would become over the next two years. For startups, access to capital and FDIC coverage has never been more important. In turn, our founding principle to support the startup ecosystem has never been more clear. And with that, we are incredibly excited to formally introduce Arc to the Product Hunt community. A few guiding principles around Arc’s platform 👇: 1. Become the one-stop-shop for all things startup finance (banking, funding & spending) 2. Prioritize the trust & safety of our customers by partnering with trusted financial institutions 3. Build enduring products that drive value to startups during both good times and bad Enter Arc—your full-service finance platform and startup command center. With Arc’s banking platform you can: ⏱️ Open a business account in <10 minutes 🆓 Manage everyday banking & finance needs without fees 📈 Generate market-leading yield on idle cash 🏦 Automatically diversify deposits across dozens of FDIC-insured banks 💵 Quickly access non-dilutive capital in-app at competitive terms Our team of Arc-itects has worked hard towards this launch but we have a long way to go. In that vein, we’d love your feedback on our product! Please leave your comments below or you can reach us at founders (AT) arc.tech. P.S. As a one-time Product Hunt promotion, we’re offering a $2.5K cash bonus for deposits >$250K made into your Primary account through the end of July. Bonuses will be paid out one month after initial deposit contingent on funds remaining in place over the period. To redeem, simply reply to your onboarding welcome email with the promo code. You can get started here. -- Arc is a financial technology company, not a bank or an investment advisor. Banking services provided by Evolve Bank & Trust, Member FDIC. All investment advisory services provided by Helium Advisors LLC. Arc receives compensation as a percentage of assets managed by Helium for promoting Helium’s investment advisory services. Brokerage services provided by BNY Mellon Pershing, Member SIPC, through a clearing and custody partnership with Helium. Read additional disclosures here.

To summarize the key themes I'm seeing in these comments from everyone: trust & deposit safety, sufficient & flexible yield, timely customer support, automated processes, and bundled financial products. What other themes, or better yet specific financial products / features, do you want to see us prioritize?

It's hard to keep the subtle differences straight when it comes to fintech banking. A lot of the neobank differentiation is surface level - better service, better credit products, better rates... Arc nails all of that and leads to market in each of these areas (dedicated relationship managers, venture debt + working capital + ABLs..., highest yields on treasuries...). More transformational, however, and really bucking the trend in fintech is the focus on building this product atop too big to fail bank partners like BNY Mellon Pershing, and relentlessly growing that list. Lots to love about this solution! (disclosures: https://www.arc.tech/general-dis...)

Arc has become widely used and well-regarded in the YC Community, which has high standards for products like this. Many YC companies tell us they love Arc and have had a great experience. In the wake of the SVB & FRB collapses earlier this year, the startup world desperately needs high quality banking products designed for tech companies. Arc elegantly solves the issue of FDIC limits to ensure that your money can't ever be vulnerable to a bank run, while also bundling all the modern features you would expect from a banking product.

Big fan of Arc - especially the direct treasury buying feature! Can get better yield without much extra work!

Great to see such innovative solutions for startups. Kudos to the Arc team! How do you ensure the security of financial transactions on your platform?

There clearly needs to be a layer of software and service on top of the creaky old banking system and Arc has made that happen. This should be a standard part of the financial system going forward. Well done team!

We recently became customers of Arc at Momentum, but have been following their progress for the last 9 months or so. The speed at which they've been able to ship a full suite of products for startups like us is nothing short of impressive. When we were looking to switch from a more traditional bank in favor of a platform that's wayyy more tech-first, Arc was a no-brainer to go with. Not to mention - the team and customer support is awesome! Can't wait to see what else they come up with. Congrats, Arc!

Congrats on launch! We work with Arc through Stripe BaaS and I've been particularly impressed by the Arc team and product velocity—especially in recent months. They're tackling a long-standing pain point for startups. Excited to follow their progress!

Modern and safe too? Your timing is brilliant. I'm so glad to be an Arc customer. Good sleep at night and convenience every day to focus on doing real work!