Holdingz is a risk management platform that utilizes a sweep network to optimize cash holdings for businesses, providing up to $5 million in FDIC insurance through Evolve Bank & Trust. The platform enables users to earn yield on their deposits while ensuring the security and diversification of their financial assets.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses often struggle to optimize cash holdings, leaving funds in low-yield accounts and missing opportunities for higher returns. Traditional banking relationships may not provide the tools or incentives to actively manage and maximize interest income on operational cash balances. This can result in lost earnings potential and inefficient use of working capital.
Solution
Holdingz is a platform that helps businesses automatically optimize their cash holdings to earn higher yields while maintaining security and liquidity. The platform uses a sweep network to distribute funds across multiple FDIC-insured accounts at Evolve Bank & Trust, providing up to $5 million in FDIC insurance coverage. By intelligently allocating cash to high-yield accounts, Holdingz enables businesses to maximize interest income on their deposits without the complexities of manual cash management. The platform also provides tools to monitor transactions and track earnings.
Target Audience
Holdingz primarily targets businesses, including rental property owners, non-profit organizations, and startups, seeking to maximize returns on their cash reserves while ensuring security and ease of access.
Features
- Automated cash sweep network for optimal yield on deposits
- Up to $5 million in FDIC insurance through Evolve Bank & Trust
- Email notifications for completed transactions
- Integration with existing business banking accounts
- Yield calculator to project potential earnings
- SOC compliant and reviewed by a 3rd party
- Registered Investment Advisor, registered with the SEC