Root
Root provides a modern money movement stack that automates direct bank-to-bank transfers for instant receivables, payables, and money transmission. The platform eliminates intermediaries and pre-funding requirements, enabling real-time settlements across 180+ countries with a single API integration that goes live in days rather than months.
- Financial Technology
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Traditional business-to-business payments rely on intermediaries, pre-funded accounts, and multi-hop settlement processes that introduce delays, hidden fees, and counterparty risk. Enterprises often face nine-month-plus integration timelines to connect directly with their banks, slowing down payment operations and reducing financial efficiency.
Solution
Root provides a modern money movement stack that automates bank-to-bank transfers for instant receivables, payables, and money transmission. The platform eliminates the need for intermediaries and pre-funding, allowing funds to remain in a company's core bank sweep account where they can earn yield. Businesses can connect their global bank accounts, manage liquidity with one click, and execute real-time transfers with worldwide coverage across 180+ countries. Root's infrastructure is built for enterprise-grade reliability with a 99.99% uptime SLA and world-class security, with continuous transaction tracking and no reconciliation risks. By removing intermediary hops, the platform also safeguards funds against unlicensed intermediaries that lack federal-backed guarantees. A unified API provides access to all features across all banks, simplifying development and reducing integration time to days instead of quarters.
Target Audience
Root serves enterprises that need to automate high-volume receivables, payables, and money transmission operations, including treasury teams, payment operations leaders, marketplaces, platforms, and financial institutions seeking real-time settlement capabilities.
Features
- Direct bank-to-bank transfer automation without intermediary hops or pre-funding requirements
- Real-time settlement with instant speed comparable to a text message
- Global bank account connectivity with one-click liquidity management across 180+ countries
- 99.99% uptime SLA and 24/7 global support
- Continuous transaction tracking that eliminates reconciliation risks
- Production-ready integration in days with just 5 lines of code, versus the typical 9-month+ bank integration process
- Unified API integration across all features and banks, with developer-friendly docs and sample code
- Support for multiple payment rails including Fednow/RTP, ACH, Wire, UPI, Pix, SEPA, Crypto, and Stablecoins
- Treasury and liquidity management with pooled cash and real-time FX rates