Finvest

Finvest, previously known as Move, operates from San Francisco, CA, and serves the fintech industry, specifically within the B2B supply chain and logistics sub-industry. The company, which participated in the Y-Combinator W23 batch, focuses on providing a platform that facilitates the purchasing, managing, and selling of US Treasury Bills. These Treasury Bills are exempt from state taxes, backed by the government, and secured with Treasury Accounts custodied at Pershing, a subsidiary of The Bank of New York Mellon. Finvest’s offerings are protected by SIPC up to $500,000 for Treasury securities. The company claims to be the leading app for US Treasuries and promotes its services as a way to grow wealth securely and without stress. Additionally, Finvest offers a high-yield cash management account with a 4.4% yield and charges a minimal management fee of 0.03% per month based on the average daily market value of Treasury assets. Supported by notable investors such as Y Combinator and Pioneer Fund, Finvest ensures robust customer support available 24/7, operates without commissions or hidden fees, and provides its services on both iOS and Android platforms.