Company Information

Get to know Nearside (Acquired by Plastiq)

Originally founded as Hatch in 2018, Nearside aimed to provide accessible and fair financial services to the "new majority" of small business owners. The company offered a digital banking platform featuring a free business checking account with no monthly fees or minimum balance requirements, a debit card with universal cashback rewards, and tools to help entrepreneurs manage their finances. In January 2023, Nearside was acquired by Plastiq, a B2B payment platform. Following the acquisition, Nearside's banking services and accounts were discontinued as of March 31, 2023.

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Financial BankingPRIMARY
Financial Other Service

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Nearside (Acquired by Plastiq)

United States

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.