Letter
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.
Company Overview
Letter is a fintech company located in San Diego, CA, USA, with a team size of 9 employees. The company operates within the banking and exchange sub-industries, offering a modern private banking experience exclusively designed for high net-worth individuals. Launched in September 2020, Letter was part of the Y Combinator's S20 batch.
Locations
Letter operates from San Diego, CA, USA and extends its services remotely. The company caters to clients within the United States of America, America/Canada, and provides fully remote services to ensure comprehensive coverage and accessibility.
Services
Letter offers a range of services for high net-worth individuals, including customized debit cards for family members and staff, automatic donation to charity, and access to exclusive investment and lending opportunities through a dedicated marketplace. Additional features include deposit accounts with FDIC insurance, checking accounts, treasury management, loan applications, tax management, and wealth management automation.
Target Audience
Letter specifically targets high net-worth individuals who feel overlooked by traditional private banks. The company's platform is designed to provide a modern, comprehensive private banking experience that goes beyond typical banking offerings.
Y Combinator S20 Batch
As part of the Y Combinator S20 batch, Letter leverages the accelerator's network and resources to enhance its service offerings. This affiliation has provided Letter with valuable support and exposure in the fintech industry.