Press Release: Crew Seed Round
Meet the world's first high-yield checking account—where every dollar is rewarded regardless of pocket or category—with built-in budgeting.
Lehi, Utah — November 5, 2025 — Crew Finance, Inc. ("Crew"), the fintech behind "the world's most powerful checking account," today announced the closing of a $3.8 million seed round co-led by Capital Eleven and Kickstart Fund. The app is reinventing how consumers bank, budget and save by combining high-yield banking with built in budgeting in one simple, easy-to-use app. Unlike other traditional budgeting apps that track spending after it happens, Crew's budgeting lives before transactions happen, helping users take control of their transactions proactively. Its unique structure includes a high-yield checking account with unlimited "pockets" for storing money and spending, virtual cards connected to pockets, and automated budgeting tools. Crew's high-yield checking account currently offers 3.2% Annual Percentage Yield (APY)3, 45 times higher than the average interest bearing checking rate, and eight times higher than the national average savings rate.*
Crew previously raised $2.5 million in pre-seed funding led by Kickstart Fund, and has seen significant recent acceleration in growth, doubling its daily active users and debit card transaction volume in the past month. Crew's mission to merge everyday banking with control and clarity uniquely positions it as a financial technology tool that helps people stick to their financial plan.
"Millions of people feel out of control financially, and existing solutions aren't working for them," said Gentry Davies, CEO and co-founder of Crew. "We believe your bank account, spending card, and budget should be a single cohesive experience, and that it should actually be delightful to use."
Davies and co-founder Steve Domino were previously leaders at Divvy, where they helped scale the company from $10 million to over $400 million in revenue before its acquisition by Bill.com. "Crew is engineered for security and scale, without the complexity," said Domino. "We built a banking experience that's fast, reliable, and straightforward so people can manage money with confidence."
Crew's key features include:
- High-Yield Checking Account: Earn competitive APY on checking account balances.
- Proactive budgeting: Crew's budgeting lives before the authorization, helping users control transactions before they happen.
- Unlimited Pockets: Divide your deposits up to reflect your budget.
- Debit card: Flexibly spend from your budget in real time. Just swipe right on a pocket to switch which pocket your card is spending from.
- Virtual Cards: Create unique card numbers for each of your bills, set monthly limits, and easily cancel them anytime.
- Paycheck automation: Split your paycheck automatically into your pockets to power your budget.
- FDIC Insured Deposits: Deposits held by Bangor Savings Bank, Member FDIC.4
About Crew
Crew Finance, Inc. is a Utah–based fintech company reinventing how consumers bank, budget, and save. Founded by former Divvy product leaders, Crew combines the best of budgeting and banking into one seamless platform. Deposits are FDIC insured through Bangor Savings Bank, Member FDIC.4
The app is available nationwide via the App Store and Google Play. New users can sign up at trycrew.com/download and use code SEED50 for a 0.5% APY boost3 for 3 months.
Contact: press@trycrew.com
*National average interest checking rate of 0.07% and savings interest rate of 0.40% retrieved on November 4, 2025 from the FDIC National Rate Caps Home here, updated October 20, 2025
More articles
Personal Finance Terms: The Money Words Nobody Explained to You
Escrow, amortization, APR, expense ratio — the financial vocabulary nobody taught you, organized by where you will actually run into it.
High-Yield Savings vs. High-Yield Checking: Which One Is Doing Which Job?
One is where money sits. The other is where money moves. Most people need both — the useful question is which should hold what.
The Problem with Expense Trackers? They're a Report Card.
Report cards tell you how you did. They can't help you do better. Here's what expense tracking is great at, what it can't do, and how forward-looking money management fills the gap.