Onyx Private

onyxprivate.com
loader linkedin-sq

Company History and Background

Onyx Private, formerly known as Onyx Card, is a fintech company headquartered in Miami, FL. With a team of 10, the company operates primarily in the Fintech sub-industry, offering a digital-native premium banking and wealth management experience. It caters to young high-earners, illiquid entrepreneurs, investors, and tech employees aiming to be the next-generation UBS. Onyx Private is part of the Y-Combinator W22 batch and serves the United States, America / Canada regions, as well as remote and partly remote locations.

Services Offered by Onyx Private

Onyx Private provides various financial services for consumers, SMBs, banks, and brands. Personal accounts come with features such as spend and money movement, cashback, debit cards, joint accounts, bill pay management, and mortgage services. Business accounts offer yield on idle money, cashback on debit card purchases, integrations with Quickbooks and Xero, and premium customer support. Wealth management services include treasuries, cash sweep accounts, robo-advisory, financial advisor services, and estate planning through Wealth.com. Exclusive lifestyle benefits for members include Priority Pass, Lifetime, and Fight Camp.

Banking Features for Consumers and Businesses

Onyx Private offers both personal and business accounts. Personal account features include a modern user-interface, up to 4 joint account holders, a 17g metal debit card with cashback, and native digital bill pay. Business account holders benefit from yield on idle money, cashback on debit card purchases, high limit transfers, mobile checks, and instant deposit methods. Both personal and business accounts provide virtual cards with cashback and a unified app for managing finances. Banking services are provided by i3 Bank and Piermont Bank, Members FDIC.

Wealth Management Solutions

Onyx Private supports wealth management through various services, including investment options like U.S. Treasuries - T-Bills, High Yield Cash Sweep Account, and Smart Treasury Management. The company offers treasuries, cash sweep accounts, robo-advisory, financial advisor services, and estate planning through Wealth.com. These services are designed to assist high-earners and entrepreneurs in managing their wealth effectively, with a focus on maximizing returns and providing comprehensive financial planning.

Investors and Media Coverage

Onyx Private is backed by notable investors such as One Way Ventures, Good Water Capital, Y Combinator, 186 Ventures, Global Founders Capital, Village Global, and Olive Tree Capital. The company has been featured in prominent media outlets including Refresh Miami, DC News Now, South Florida Business Journal, Fintech Global, Yahoo News, Bloomberg, and TechCrunch, highlighting its innovative approach to fintech and premium banking services.

Mobile App and Digital Tools

Onyx Private offers a mobile app available for download on both the Google Play Store and Apple App Store. The app enables users to manage both personal and business accounts seamlessly. It supports features like high limit transfers, mobile checks, instant deposit methods, and integrations with Quickbooks and Xero. Additionally, the app provides access to financial tools for accounting, payments, marketing, and premium customer support, making it a comprehensive platform for managing financial needs.

Report inaccurate information

Companies similar to Onyx Private

Grasshopper Bank

grasshopper.bank

Grasshopper Bank offers a wide range of digital-first banking solutions, including small business checking, startup banking, and venture capital & private equity banking, along with specialized fintech services and secure debit cards.

Oxygen

getoxygen.com

Oxygen is a fintech company based in San Francisco and Los Angeles, offering mobile banking solutions for personal and business use, including features like up to 5% cashback on business purchases and seamless business incorporation services.

Current

current.com

Current is a financial technology company offering a variety of features including credit building, faster access to funds, fee-free overdrafts, and cryptocurrency trading without fees. It serves over 4 million members and provides access to over 40,000 fee-free ATMs.

Bluevine

bluevine.com

Bluevine provides comprehensive business banking solutions, including checking accounts, lending, and credit cards, with over a decade of experience and significant industry recognition.

+319

Found

found.com

Found offers tailored small business banking services for the self-employed, featuring all-in-one solutions like banking, bookkeeping, and invoicing with no hidden fees and FDIC-insured accounts.

Letter

letter.co

Letter is a fintech company based in San Diego, CA, specializing in private banking services for high net-worth individuals, offering features like customized debit cards, exclusive investment opportunities, and automated charitable donations.

Grey

grey.co

Grey, formerly known as Aboki Africa, is a fintech company based in San Francisco, CA, with additional operations in Nigeria and fully remote capabilities. The company specializes in financial services for remote workers, freelancers, and digital nomads, offering features like money transfer, virtual cards, and multi-currency accounts.

Levro

levro.com

Levro, formerly known as Novo, is a fintech company based in San Francisco and New York, offering a multicurrency account and global payments platform designed for businesses dealing with international transactions.

Oxygen

oxygen.us

Oxygen is a mobile banking service that offers personal and business financial solutions, including access to over 40,000 fee-free Allpoint ATMs and up to 6% cashback on purchases.

Parker

getparker.com

Parker, formerly known as Woke and Jamabla, is a fintech company based in San Francisco, specializing in banking and exchange services with a focus on integrated financial solutions for businesses.