About Nerve

(Currently we look like a neobank for musicians. That was intentional. We are opening our APIs and our scope so that as of Feb 21 the following will be true) We are embedded banking for the creator economy. Think of us as a mashup of Stripe Connect + Chime for creators. We enable companies to instantly pay their creators at less than half the cost of the cheapest instant option, and we enable creators to open free, FDIC-insured business checking/savings accounts in under 1 minute, paperwork free. Best yet, this can all be done inside of the ecosystem of the company using our APIs.

Tagged with

FintechBanking & Payments

Team

John Waupsh

Founder

Problem statement

As a creator, getting a business banking account is hard. As a company that pays creators, fast payout options are expensive, and cheap payout options are slow.

Traction information

We built the first challenger bank for musicians, and it is live (sept 15, 2021). We are finishing our public APIs and making them available 3rd week of february. We have MNDAs with several companies in the music industry, and have signed our first referral partnership which will be announced by end of Feb.

Updates

Sean Simons has visited this profile using a private link.

Added about 2 years ago

adam has visited this profile using a private link.

Added about 2 years ago

Profile created.

Added about 2 years ago

Funding

Not raising capital right now

Total raised to date:$700,000