Hostfi

Hostfi, a fintech company based in New York and operating remotely, specializes in providing financial services tailored for the banking and exchange sub-industry. As a participant in the Y-Combinator S22 batch, Hostfi offers Visa commercial cards with spending limits and FDIC-insured operating and trust accounts, ensuring security for funds up to the standard federal maximum of $250,000. The company supports a range of financial operations including same-day ACH/wires, mailed checks, AI-powered bill pay, and custom payment approvals, along with offering interest on funds held in accounts. Hostfi’s platform features custom user roles for different financial stakeholders such as admins, bookkeepers, and cardholders, and integrates with the Track system for enhanced expense management. This integration allows field staff to categorize purchases and sync expenses to Track bills for accurate owner statements, automating month-end reconciliation and streamlining financial processes.