Crew Finance has raised $3.8 million in a seed funding round co-led by Capital Eleven and Kickstart Fund to support its next-generation checking account platform.
The Utah-based fintech offers a high-yield checking account with built-in budgeting tools designed to help users allocate spending before transactions happen.
The account features unlimited “pockets” for organizing funds, virtual cards linked to pockets, and automated budget controls for day-to-day spending.
Crew currently advertises a high annual percentage yield (APY) on their checking account—reported as approximately 3.2%, which is multiple times higher than traditional checking rates.
The company plans to use the funds to accelerate product development, expand its user base across the United States, and enhance its mobile experience.
Founders previously led product at Divvy, where they helped scale enterprise spend management before its acquisition, and they now bring that experience into consumer banking.
Crew’s model reflects growing demand for integrated banking tools that combine savings, budgeting and transaction control in one app.
The funding round reflects investor confidence in neobanks focused on proactive money management rather than traditional retrospective budget tracking.