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Sivo

Debt funding for Fintechs - lend money to users at scale

22 followers

Debt funding for Fintechs - lend money to users at scale

22 followers

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Sivo provides debt as a service. Our API allows companies to access debt funding and lend money to their users at scale. Sivo is backed by Y Combinator (W21).
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Company Info
sivo.com
Sivo Info
Launched in 2021View 2 launches
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p/sivo
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Basecamp
Basecamp — Famously straightforward project management from 37Signals
Famously straightforward project management from 37Signals
Promoted

Sivo Launches

Yield-as-a-Service Earn up to 5.5% APY on your excess cash

Launched on March 10th, 2022

Yield-as-a-Service was ranked #5 of the day for March 10th, 2022
Yield-as-a-Service was ranked #5 of the day for March 10th, 2022

Do you use Sivo?

This is the 2nd launch from Sivo. View more

Yield-as-a-Service

Earn up to 5.5% APY on your excess cash
Yield-as-a-Service was ranked #5 of the day for March 10th, 2022
Yield-as-a-Service enables businesses to earn up to 5.5% to enrich their balance sheet extending cash runway or attract & retain users with interest bearing savings or rewards, like cash back.
Yield-as-a-Service gallery image
Yield-as-a-Service gallery image
Launch tags:
Productivity•Fintech•Tech
Launch Team
Michael SeibelKate HiscoxDani Conejo

What do you think? …

Kate Hiscox
Kate Hiscox
TeamCreate.ai

TeamCreate.ai

Maker
Heya PH fam! 👋 🤩 Earn up to 5.5% APY to extend your runway or attract and retain users 🤓 Unlocked, 6 month and 12 month yield options (unlocked = 3.5% APY) 🌟 Zero notice to withdraw (unlocked option) 🧡 Extra 0.5% for YC fam We’re YC-backed Sivo and we were tired of earning less than 1% on our excess cash. We saw an opportunity to help our customers earn up to 5.5% APY 🤯 to extend their runway or pass along what they earn to their users as interest or rewards, like cashback. **How does it work?** ✅ Sign up ✅ Choose a Yield product ✅ Deposit funds ✅ Earn interest ✅ Build automated deposit and disbursement flows on top of our API or Zapier 🚀 **Common questions** 1. Do I need to give notice to withdraw my funds? 🤔 No you don’t. Our no muss, no fuss instant access product pays 3.5% APY and lets you withdraw whenever you need cash. 2. Which currencies do you support? 🤔 You can deposit any type of currency but it will be flipped to USD upon arrival. When you withdraw, you’ll get USD back (unless your local bank converts it). 3. Is this product available to consumers and businesses? 🤔 Today, just businesses with a US entity in their corp stack. 4. Are my funds insured like a bank (FDIC)? 🤔 As with other yield products like Brex Money Market or bonds, these deposits aren't insured. And by the way, your bank account covers you for $250K so chances are as a business with excess cash, you aren't fully insured. 5. How can you pay out 5.5% APY? 🤔 Sivo funds some of the greatest fintechs on the planet, backed by visionaries like Y Combinator. These companies are doing all sorts of cool things from providing virtual private label store cards... to small and mid-sized retailers to building backyard rental homes. Right?! The success of these fintechs provides the yield to you. In a nutshell, you're funding loan programs at some of the most innovative (and well-funded) companies in the world. **Getting started** Getting started is easy. Head over to https://www.sivo.com/yield and sign up or hit up our live chat to book a meeting (we’re nice!) 😊
Report
3yr ago
Gio
Gio
cool feature
Report
3yr ago
Kate Hiscox
Kate Hiscox
TeamCreate.ai

TeamCreate.ai

Maker
@gio3 thanks!
Report
3yr ago
Andrew Yates
Andrew Yates
Promoted.ai

Promoted.ai

Cool, thanks Kate!
Report
3yr ago
Kate Hiscox
Kate Hiscox
TeamCreate.ai

TeamCreate.ai

Maker
@andrew_yates thank you!
Report
3yr ago
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