Increase is a modern banking infrastructure provider offering enterprise-grade APIs that enable technology companies to programmatically store, move, and reconcile money. Increase delivers tools for fintechs and businesses to access banking capabilities without building legacy integrations, streamlining financial operations for software-driven organizations.
What technology powers Increase's banking APIs?
Increase's platform is built on robust, developer-friendly APIs designed to simplify complex banking tasks. By abstracting traditional banking processes, Increase allows companies to automate payments, account management, and reconciliation. This modern approach replaces manual processes and legacy bank connections, giving technology companies greater speed and control over their financial operations.
Who uses Increase and what problems does it solve?
Increase primarily serves technology companies—especially those in the fintech sector—who require reliable, scalable infrastructure to manage funds, initiate payments, and track transactions in real time. Its platform is suited for:
- Fintech startups needing to launch banking products quickly
- SaaS platforms automating financial processes for their users
- Enterprises aiming to optimize back-office banking operations
By offering a programmable interface to core banking functions, Increase helps these organizations reduce manual errors, accelerate product development, and improve the efficiency of money movement and reconciliation.
Who are Increase's competitors in the banking API space?
Increase operates within the competitive fintech and banking-as-a-service market. Key competitors and alternative platforms include:
- Modern Treasury: Focused on payment operations and workflow automation for businesses handling large payment volumes.
- Yapily: Specializes in open banking connectivity, enabling secure account access and payments across Europe.
- Stripe: Offers a wide range of APIs for online payments and financial infrastructure, with banking features integrated into its platform.
- Advapay: Provides API-driven solutions for digital banking and payment services.
- Plaid: Connects applications to users’ bank accounts for data access and payments, widely used in the U.S. and beyond.
Each of these companies addresses different aspects of banking API infrastructure, with Increase focusing on seamless, enterprise-ready integration for technology-driven financial operations.
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