Grounded operates a fintech platform that facilitates deposit and loan strategies for banks and third-party depositors through a client-facing dashboard and API integration, without taking custody of funds. By partnering with custodial banks, Grounded enables clients to efficiently manage their balance sheet growth while ensuring the safety and soundness of their banking partners.
Funding
Funding not disclosed
NEFounders
Product
Problem
Banks and third-party depositors often lack efficient tools to manage deposit and loan strategies, hindering balance sheet growth. Existing solutions may focus on limited deposit sources or bank-to-bank transactions, missing opportunities for broader optimization. Furthermore, ensuring the safety and soundness of banking partners during balance sheet management is a critical concern.
Solution
Grounded provides a fintech platform that streamlines deposit and loan strategies for banks and third-party depositors through a client-facing dashboard and API integration. The platform facilitates efficient balance sheet management without taking custody of funds, partnering with custodial banks to ensure the security of deposits. Grounded's marketplace offers a comprehensive approach, catering to various depositors, including 1031 exchange, opportunity zone (OZ), EB5, and wealth managers. The platform connects clients and partner banks through APIs, providing real-time visibility into balances, transaction details, and deposit/loan account information.
Target Audience
Grounded's primary customers are banks and third-party depositors, including 1031 exchange, opportunity zone (OZ), EB5, and wealth managers.
Features
- Client-facing dashboard for managing deposit and loan strategies.
- Partner bank portal for connecting to the Grounded ledger via APIs.
- Real-time visibility into balances, transaction details, and account information.
- Algorithm-driven deposit and loan strategies.
- Continuous evaluation of partner banks' equity and capital ratios.
- Monitoring of publicly-traded banks for soundness and safety.