Teller

About Teller

Provides a banking API that enables applications to connect with over 5,000 financial institutions, verifying account ownership, ACH details, balances, and transactions in real time. Reduces customer churn and support workload by offering stable, long-lasting bank connections and seamless integration through SDKs and zero-code migration tools.

```xml <problem> Many companies struggle with fragmented financial processes, leading to uncontrolled spending, manual accounting tasks, and limited visibility into financial data. Integrating procurement, accounts payable, expense management, and corporate cards into a unified system is challenging, resulting in inefficiencies and compliance risks. </problem> <solution> Teller provides a banking API that enables applications to connect with over 5,000 financial institutions, offering real-time verification of account ownership, ACH details, balances, and transactions. The API streamlines bank connectivity, reduces customer churn, and decreases support workload by providing stable and reliable connections. Teller offers language bindings in various programming languages, as well as iOS & Android SDKs for Teller Connect, simplifying integration. With Teller, businesses can build compelling applications with live, real-time data and instant payments using Zelle. </solution> <features> - Real-time account verification for ownership, ACH details, balances, and transactions - Connectivity to over 5,000 financial institutions - Support for same-day ACH microdeposit verification - Language bindings available in various programming languages - iOS & Android SDKs for Teller Connect - Zero-code Plaid migration with Sidecar - Comprehensive documentation and guides for easy integration </features> <target_audience> Teller primarily targets fintech companies and application developers that require secure and reliable bank connectivity for account verification and payment processing. </target_audience> <revenue_model> Teller offers tiered pricing: a free Developer tier with 100 live connections, a Production tier with per-account verification at $1.50, balance checks at $0.10 per API call, transaction monitoring at $0.30 per enrollment per month, and identity verification at $1.75 per API call. Enterprise customers can access custom pricing and support. </revenue_model> ```

What does Teller do?

Provides a banking API that enables applications to connect with over 5,000 financial institutions, verifying account ownership, ACH details, balances, and transactions in real time. Reduces customer churn and support workload by offering stable, long-lasting bank connections and seamless integration through SDKs and zero-code migration tools.

Where is Teller located?

Teller is based in San Francisco, United States.

When was Teller founded?

Teller was founded in 2018.

How much funding has Teller raised?

Teller has raised $4.0M.

Who founded Teller?

Teller was founded by Stevie Graham.

  • Stevie Graham - Founder
Location
San Francisco, United States
Founded
2018
Funding
$4.0M
Employees
22 employees

Teller

6
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

Provides a banking API that enables applications to connect with over 5,000 financial institutions, verifying account ownership, ACH details, balances, and transactions in real time. Reduces customer churn and support workload by offering stable, long-lasting bank connections and seamless integration through SDKs and zero-code migration tools.

teller.io700+
Founded 2018 – San Francisco, United States

Funding

No specific funding rounds found.

Total Funding

$4.0M

Team (20+)

Stevie Graham

Founder

Company Description

Problem

Many companies struggle with fragmented financial processes, leading to uncontrolled spending, manual accounting tasks, and limited visibility into financial data. Integrating procurement, accounts payable, expense management, and corporate cards into a unified system is challenging, resulting in inefficiencies and compliance risks.

Solution

Teller provides a banking API that enables applications to connect with over 5,000 financial institutions, offering real-time verification of account ownership, ACH details, balances, and transactions. The API streamlines bank connectivity, reduces customer churn, and decreases support workload by providing stable and reliable connections. Teller offers language bindings in various programming languages, as well as iOS & Android SDKs for Teller Connect, simplifying integration. With Teller, businesses can build compelling applications with live, real-time data and instant payments using Zelle.

Features

Real-time account verification for ownership, ACH details, balances, and transactions

Connectivity to over 5,000 financial institutions

Support for same-day ACH microdeposit verification

Language bindings available in various programming languages

iOS & Android SDKs for Teller Connect

Zero-code Plaid migration with Sidecar

Comprehensive documentation and guides for easy integration

Target Audience

Teller primarily targets fintech companies and application developers that require secure and reliable bank connectivity for account verification and payment processing.

Revenue Model

Teller offers tiered pricing: a free Developer tier with 100 live connections, a Production tier with per-account verification at $1.50, balance checks at $0.10 per API call, transaction monitoring at $0.30 per enrollment per month, and identity verification at $1.75 per API call. Enterprise customers can access custom pricing and support.

Sources:

1
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