MaxMyInterest is an automated cash management technology that dynamically allocates cash balances between online savings accounts to ensure FDIC insurance coverage while earning superior yields. Financial institutions gain wallet share and increase customer stickiness from high-net-worth clients.
PRODUCTS & SERVICES:
The platform uses proprietary algorithms to ensure a member’s cash is dynamically allocated to the online bank offering the best interest rates at any given point in time, all while staying within an FDIC-insured environment.
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Makes use of lower costs and higher rates offered by FDIC-insured online banks to deliver upto 1% more interest compared to the market.
MEDICI analysts will analyze MaxMyInterest soon
Insufficient information for accurate analysis
TOTAL FUNDING COMMENT:
The company raised undisclosed venture round in May'17