Letter

Letter, launched in September 2020 and part of Y Combinator’s S20 batch, operates primarily from San Diego, CA, with a fully remote service option. This early-stage fintech company focuses on the niche market of high net-worth individuals, providing a modern private banking experience that traditional banks often overlook. With a compact team of 9 employees, Letter offers a range of financial services tailored to the unique needs of its clients. These services include FDIC-insured deposit accounts, customized debit cards for family members and staff, and checking accounts designed to manage liquidity efficiently. The platform also facilitates automatic donations to charity and provides access to exclusive investment and lending opportunities through a specialized marketplace. Additionally, Letter features advanced financial management tools such as treasury management, loan applications, tax services, and wealth management automation. Clients can also access expert advice tailored to their financial situations, enabling easy capital access without traditional banking hurdles and connecting all accounts for a comprehensive real-time financial overview.