What Banking Features Should Every Startup Consider?

There are ten or so features that every startup needs from their bank. To help differentiate them, we’ve broken down the list into actual features (meaning capabilities the bank has) and benefits or perks that the bank offers.

• Connection to other banks and accounting systems
• Money movement — in and out
• Comprehensive user permissions
• Customizable spend controls
• Interest-bearing capabilities
• Embedded financing
• Automated or scheduled payments
• Multi-factor authentication
• FDIC insurance