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Arc Taps Stripe to Launch Arc Treasury

Source: Gin

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Arc, a full-service finance platform for startups, has launched Arc Treasury, a new banking platform, built in partnership with Stripe.

Arc Treasury combines all the flexibility of an API-driven solution with the native functionality of a consumer app. With the launch of Arc Treasury, startups can instantly borrow, save, and spend all in one digitally native platform. 

"Time is the scarcest resource for startups. In an ecosystem where speed is a competitive advantage, Arc delivers on all fronts. This innovation underscores Arc's and Stripe's joint commitment to solve the unique challenges of high growth software startups," said Don Muir, Co-Founder and CEO of Arc. "Arc Treasury is another extension of our mission to help startups grow and compete in today's constantly evolving environment."

"We know all too well the challenges startups face when it comes to funding. That's why we're excited to support Arc as they build new and innovative financial offerings with Stripe's Banking-as-a-Service APIs," said Denise Ho, Head of Product for Banking-as-a-Service at Stripe. "Arc Treasury is a great example of the kind of innovation today's high-performing startups need."

Source: The Paypers
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