Increase

Hello, world! At @IncreaseDev, we’re building modern banking technology to help our users programmatically store, move, and reconcile money. Founded by the first employee at @Stripe and backed by @YCombinator, we’re building the banking technology tools that we always wanted.

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Vertical software is the new distribution model for banking. @IncreaseDev enables vertical software platforms to embed payments, accounts, and lending with full control. Read more: increase.com/articles/verti…

Ascend is transforming insurance payments—serving 1 in 4 U.S. insurance companies and processing $1B+ in annual premiums. With Increase, they’ve streamlined the entire payments lifecycle to better serve their customers. Read the full case study: increase.com/customers/asce…

What if your application’s code also managed its regulatory requirements? At Increase, we're turning compliance from reactive to proactive by embedding obligations directly into our development workflow. Learn more at increase.com/articles/compl…

We're excited to announce that Increase has been named to the @Forbes Fintech 50 list for 2025! We’re building the future of financial infrastructure, and it’s an honor to be recognized alongside so many great companies.

We’re thrilled to power the latest product from @tryramp: Ramp Treasury! From seamless account creation to lightening fast money movement, we're proud to power the infrastructure behind Ramp's unified cash management experience. Read more at increase.com/customers/ramp…

We're thrilled to partner with @tryramp on their latest product: Ramp Treasury! Learn more about how to put your money to work 👇

For too long, businesses have had to choose between high returns OR total liquidity. That ends today. Welcome to a world without compromise. Welcome to Ramp Treasury. ––––––––––––––––––––––––––––––––––––––––––––––––– Ramp Business Corporation is a financial technology company and is not a bank. Bank deposit services provided by First Internet Bank of Indiana, Member FDIC

Behind every swipe, tap, or online card payment is ISO 8583 — the protocol that keeps transactions secure and seamless worldwide. 🌍 In this article, we break down what ISO 8583 is, how it powers billions of payments, and why it’s essential for modern payments infrastructure.

As a parallel core for our bank partners, we reconcile our system activity directly with Federal Reserve cash movements to ensure seamless programmatic alignment. Learn more about our approach:

Congratulations to our partner @pipe for launching their embedded card program! pymnts.com/news/digital-b…

The Visa network has ensured high availability for over 60 years. Learn more about Visa’s evolution from manual authorizations to modern redundant systems, and how Increase mirrors these principles for reliable connectivity. increase.com/articles/visa-…

Traditional bank cores weren't built for fintech use cases. They often operate with rigid data structures, offer limited visibility into transaction details, and lack robust APIs. Enter modern parallel cores: Increase operates one for our partners, unlocking new possibilities.

We're excited to announce Check Lockboxes! Now, you can create unique mailing addresses for each of your customers. When a check is mailed to these addresses, we’ll automatically process and deposit the funds. Learn more at: increase.com/articles/annou…

Fedwire closes at 7pm... but reopens at 9pm.

Typically, bank accounts have a single account number. This one-to-one mapping means reconciliation often needs to be done manually, as all activity is tied to the same identifier. With Increase, you can instantly create multiple account numbers for a single account and manage them programmatically. This unlocks many interesting use cases and allows you to create and manage your own ledger or use Increase as your system of record. Learn more: increase.com/documentation/…

Some RDC tools allow you to manually enter the MICR line, which can be helpful in these instances. However, others may not. If you’re depositing remotely created checks, watch for the extra digit 6. [0] x9.org/wp-content/upl…

However, many banks and RDC tools are unable to process the MICR line when this extra digit is present, leading to unintuitive and often frustrating errors.

When building support for remote deposit capture (RDC), be aware of potential failures related to parsing the Magnetic Ink Character Recognition (MICR) strip of a check. In 2015, an extra digit (the number 6) was introduced to the MICR code to identify remotely created checks[0].