Announcing Crew family banking
Crew raises $2.5m to change the face of banking
Today we’re announcing the launch of the Crew family-focused banking experience and $2.5m in pre-seed funding led by Kickstart Seed Fund. Pelion, Sepio, Signal Peak, Ventures, Convoi, Spacestation, Influence Ventures, and a number of strategic angels also participated in the round.
“Families deserve a beautiful, functional banking experience that recognizes the unique financial needs of families,” says Gentry Davies, Crew’s CEO. “Crew’s mission is to build the best place for families to bank.”
“While many fintechs have improved parts of the finance experience, Crew’s mission to reshape the entire banking experience for families is very compelling.” said Kat Kennedy, General Partner at Kickstart who led the deal.
Today Crew released our first in a series of banking products–savings accounts that earn 4.7% APY and checking accounts that earn 1% APY. Parents can open joint accounts for themselves and accounts for their children in less than two minutes. Banking services are provided by Bangor Savings Bank, an FDIC-insured bank and experienced player in fintech.
Join the Crew waitlist at https://www.trycrew.com to be among the first to try Crew’s family banking experience.
About Crew
Crew is a banking app for families. Crew provides high interest joint accounts for parents and kids, and supports allowances and safe spending for kids.
Crew is a financial technology company not a bank, banking services provided by Bangor Savings Bank, Member FDIC. All disclosures, consents, and terms can be found at trycrew.com. Interest rates are subject to change but are current as of Jan 2, 2024. Learn more at trycrew.com.
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