Banking & treasury for the way you actually build.
One operating account for checking, savings, treasury, cards, bill pay, and capital. Open in minutes. Earn 4.21% APY. Move money on every rail. No monthly fees, ever.
Every banking primitive. One operating account.
Initio gives you direct access to every product Column offers — without writing a single line of integration code.
Deposit accounts
Unlimited operating accounts with unique account & routing numbers.
Sub-accounts
Spin up isolated balances per entity, project, or vendor in one click.
Same-day wires
Send and receive Fedwire domestic wires up to 6:00pm ET, 7 days a week.
International wires
SWIFT to 130+ countries with live FX and OFAC screening built in.
RTP & FedNow
Real-time payments that settle in seconds, 24/7/365.
ACH & same-day ACH
Push and pull on the ACH network with NACHA-compliant rails.
Checks
Issue, deposit, and positive-pay checks with image capture.
Book transfers
Move money between Initio accounts instantly with no fees, ever.
KYC & KYB
Built-in identity verification, sanctions screening and risk scoring.
Earn 4.21% APY without giving up access.
Initio Capital sweeps idle cash into a managed portfolio of US government securities and FDIC-insured deposits — fully liquid, fully transparent.
- T-bills, money market funds, and FDIC sweep
- Up to $5M in FDIC pass-through insurance
- Same-day liquidity on every position
- Auto-rebalance based on cash forecast
Issue cards in seconds.
Spend with intent.
Virtual cards instantly, metal cards in 3 days. Vendor locks, MCC controls, spend limits, automated receipt capture and 1.5% cashback on every swipe.
- Virtual & physical cards
- Vendor & MCC locks
- Per-card spend limits
- Apple & Google Pay
- 3D-Secure protection
- Automated receipts
Forward an invoice. We do the rest.
Initio extracts line items, routes for approval, and pays vendors over ACH, wire, RTP or check — automatically synced to your books.
Inbox-to-bill
Forward any invoice to bills@yourco.initio.com.
AI extraction
We pull amount, due date, vendor and PO automatically.
Approval workflows
Route by amount, department, or GL code.
Smart scheduling
Pay on the due date, no earlier — earn while you wait.
Books in sync
Two-way sync with QuickBooks, Xero and NetSuite.
Vendor verification
Bank account confirmation prevents wire fraud.
Receipts captured. Policies enforced. Books closed.
Every Initio card transaction comes with a receipt prompt, GL coding, and policy check — so month-end takes minutes, not days.
Auto receipts
Email and SMS receipt capture with OCR matching.
Spend policies
Set rules by amount, category, or merchant.
Travel & per diem
Book travel and run per-diems from one place.
Reimbursements
Pay employees back over ACH the same day.
GL coding
Auto-categorize against your chart of accounts.
Real-time reporting
Burn, runway and budget vs actual, live.
Get paid faster. Reconcile in real time.
Send branded invoices, accept payment over ACH, card or wire, and watch them clear straight into your operating account.
Branded invoices
Custom logos, payment terms, and recurring billing.
Instant ACH
Pull funds the moment a customer authorizes payment.
Card acceptance
Accept Visa, Mastercard and Amex at 2.9% + 30¢.
Auto-reconciliation
Match incoming payments to invoices automatically.
Non-dilutive capital, when you need it.
Once you're banking with Initio, we underwrite against your real cash flow — so we can offer venture debt and revenue-based financing in days, not months.
- Venture debt from $250k to $25M
- Revenue-based advances up to 6× MRR
- Charge cards with 60-day float
- Underwriting based on your Initio activity
See every dollar. Move it in one click.
A real-time view of cash flow across every account, card, and entity. Approve payments, schedule wires, and reconcile against your books — without leaving Initio.
- Multi-entity support out of the box
- Native QuickBooks & Xero sync
- Role-based approvals & full audit log
- Webhook-driven reconciliation
Every rail. One API. One dashboard.
Route payments by speed, cost, or geography — Initio picks the optimal rail automatically.
| Rail | Settlement |
|---|---|
| Wire | Same-day · 6pm ET |
| ACH | 1–2 business days |
| Same-day ACH | Same business day |
| RTP | Seconds · 24/7 |
| FedNow | Seconds · 24/7 |
| International wire | 1–3 business days |
| Book transfer | Instant · free |
| Check | Issue & deposit |
Already in your stack.
Connect Initio to the tools you use to run finance, payroll, and ops — no engineering required.
Initio on iOS and Android.
Approve wires, freeze cards, deposit checks, and chat with our team from anywhere. Built native, signed in via Face ID.
- Face ID & Passkey login
- Mobile check deposit
- Push notifications
- Apple & Google Pay
A REST API for every banking action.
Initio exposes the full Column API — entities, accounts, transfers, cards, and counterparties — behind one TypeScript-first SDK with idempotency keys and signed webhooks.
// Open an Initio account
await initio.accounts.create({
owner: { type: "person", id: "ent_01H..." },
description: "Operating",
type: "CHECKING",
});
// Send a same-day wire
await initio.transfers.wire({
from: "acc_01H...",
to: "cpt_01H...",
amount: 25_000_00,
currency: "USD",
description: "October rent",
});How Initio stacks up.
No marketing fluff — here's how we compare on the things finance teams actually care about.
| Feature | Initio Treasury | Mercury | Brex |
|---|---|---|---|
| FDIC insurance | $5M sweep | $5M sweep | $6M sweep |
| Yield on idle cash | 4.21% APY | 4.05% | 4.36% |
| Same-day wires | Until 6pm ET | Until 4pm ET | Until 5pm ET |
| RTP & FedNow | Yes | FedNow only | FedNow only |
| Bill pay & AP | Built-in | Add-on | Add-on |
| Venture debt | Initio Capital | Partner | Brex Capital |
| Direct bank charter | Column N.A. | Choice / Evolve | Column / JPM |
| Monthly fee | $0 | $0 | $0 |
Bank-grade by design. Founder-friendly by default.
Your funds are held at Column N.A., a nationally chartered bank regulated by the OCC. Initio never holds custody of your money. SOC 2 Type II audited and PCI-DSS compliant.
Trusted by builders shipping real things.
"We replaced four tools with Initio in a week. Our month-end close went from 12 days to 3."
"Same-day wires until 6pm and built-in bill pay — finally a bank that respects how startups operate."
"The yield is real, the API is clean, and our auditors love the audit log. It's a no-brainer."
Simple pricing. Bank-grade product.
- Operating account
- ACH & book transfers
- 1 virtual card
- Up to $250k FDIC
- Mobile app
- Everything in Starter
- Wires + RTP + FedNow
- Unlimited cards & sub-accounts
- 4.21% APY yield sweep
- Bill pay & AP automation
- Up to $5M FDIC
- Everything in Scale
- Initio Capital lending
- BaaS / embedded banking
- SAML SSO & SCIM
- Volume pricing & SLA
- Solutions engineer
Answers to the things founders ask first.
How fast can I open an account?+
Most applications are approved in under 4 minutes. Funds can be received the same day via ACH, wire, RTP or FedNow.
Who holds my money?+
Your funds are held at Column N.A., a nationally chartered bank regulated by the OCC. Initio Treasury is a financial technology product offered by Initio Capital — not a bank itself.
Is my money insured?+
Yes. Deposits are FDIC-insured up to $250k at Column. Through our sweep program, eligible balances are insured up to $5M.
What is Initio Capital?+
Initio Capital is the parent operating Initio Treasury and provides the lending and treasury management products on the platform.
Can I integrate Initio into my own app?+
Yes. Our Platform plan exposes the full banking API with scoped keys, signed webhooks, and a sandbox to build against.
What about international payments?+
Send wires to 130+ countries with live FX rates and full OFAC screening. SWIFT messaging is included.
Open your Initio account in minutes.
No monthly fees. No minimums. Just banking that works — backed by a nationally chartered bank.