Oxygen
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.
Services
Oxygen offers a range of banking and financial services tailored to both personal and business needs. Users can access over 40,000 fee-free Allpoint ATMs, receive up to 6% cashback on purchases, and get payroll up to two days earlier. Additionally, Oxygen provides virtual Visa debit cards for secure online transactions. Their mobile banking app, available for both Android and iOS, facilitates seamless banking with an emphasis on convenience and efficiency.
Business Banking and Incorporation
Oxygen supports businesses by offering enhanced banking services and incorporation assistance. Over 8,500 trusted businesses utilize Oxygen's services, which include business account management and incorporation support through partners like CorpNet. They cater to various business structures, including LLCs, S-Corps, and C-Corps, enabling entrepreneurs to streamline their financial operations and compliance needs.
Mobile Banking App
Oxygen provides a highly-rated mobile banking app designed for ease of use and accessibility. The app holds a rating of 4.8 among more than 50,000 users, highlighting its functionality and user satisfaction. It integrates various financial tools to help users manage their personal and business finances effectively, including expense tracking, cashback rewards, and early payroll access.
Customer Base and Growth
Oxygen has successfully opened over 750,000 accounts, demonstrating its growing popularity and trust among consumers. The company appeals to a diverse clientele by providing substantial benefits and user-friendly services. Both individual users and businesses find value in Oxygen's innovative approach to banking.
Banking Partnership
Oxygen provides its banking services through a partnership with The Bancorp Bank, N.A., which is a member of the FDIC. This collaboration ensures that users' deposits are federally insured up to the allowable limits, providing an added layer of security and trust.