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Ask HN: Are there any startups disrupting business banking?
6 points by cbzink000 3984 days ago
Ally and Simple are doing a great job in the consumer space, but is there anyone working on business banking?

We have used both national and local banks and it's nothing but a struggle. Fees to receive money, fees to move money, fees to send money. There's a fee for just about everything, and almost nothing works as it should.

3 comments

I was going to suggest this one. But outside of that, there are so many regulatory barriers that it tends to keep competition out.
Was there a particular process you're thinking of? Business banking in general is huge - I'm only aware of startups who tackle a small subset of the service (i.e. payments, loans, etc.)
Credit unions + Transferwise