About Increase
Increase combines modern infrastructure and banking to help teams building financial products move faster, with greater precision and control. Founded in 2020 by Darragh Buckley, Increase powers money movement, money storage, lending and card issuing with flexible, transparent, and reliable primitives so teams can ship quickly today and scale with confidence.
Increase technology facilitates the movement of nearly $500 billion in payments each year for companies such as Gusto, Ramp, and Stripe.
In the press
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Banking products and services are offered by Increase Bank, Grasshopper Bank, N.A., First Internet Bank of Indiana, or Core Bank (each, a Member FDIC bank and a “Partner Bank”).
Technology services are provided by Increase Technologies, Inc., a non-bank.
Where applicable, Visa® cards are issued by the applicable Partner Bank pursuant to a license from Visa U.S.A. Inc.
Eligible deposits held at a Partner Bank are insured by the FDIC up to the standard maximum deposit insurance amount. FDIC insurance protects against the failure of an insured bank only.