Reserve Trust is the first fintech trust company with a Federal Reserve master account, providing B2B payments services that previously required correspondent or sponsor banks. It enables businesses to embed domestic and cross-border B2B payments and to custody funds in accounts backed by its Fed master account, with transfers via ACH, FedWire, SWIFT, and other payment systems. Headquartered in Colorado, the company is building new services, APIs, and payment rails to support embedded and real-time payments for fintechs and software platforms globally. The company recently reunited serial entrepreneurs Dave Wright (now CEO) and Dave Cahill (now COO), who previously worked together at SolidFire. Reserve Trust plans to use the new capital to accelerate investments in team and technology to deliver innovative services and payment rails. The company is backed by fintech investors including QED Investors and FinTech Collective.

Total raised

$31M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2021