Are there any USA EMI's like revolut around?

[DeepDrilling]

I was wondering what are the US answer to Revolut? They usual are light years in front compared to Europe so there must be a US version, anyone know?

 

[Samuel Newman]

Transferwise and Payoneer both hold US license

 

[DeepDrilling]

Transferwise is doing US$ - great. As far as I understand Payoneer requires you to‌ use their resellers or be invited to be able to use them?

 

[Martin Everson]

Actually the opposite is true. Europe‍ is way ahead for EMI proliferation. US is way behind. The fact you posted this⁠ thread says it all really. Paypal is considered cutting edge in US.

 

[JohnLocke]

Does that mean that no one has made an EMI in the USA? could that‌ be because of restrictions by the authorities there?

 

[daxbr]

There are some that specialize in transfers from the US to south America but never‌ bothered to find out their actual location. Run search and noone seem to mention a‍ good one before smallworldfs.com Others but expensive: riamoneytransfer.com ofx.com/en-us/

 

[curiousmarv]

USA is a clusterf*ck in sense of banks because it looks like one country but‌ for banks/EMIs it is 50 states they need to get licenses in!

Only one I‍ know and found personally was

Simple | Online Banking With Built-In Budgeting & Saving Tools⁠

 

[Nyep]

There's also Chime, and a few similar others. Paypal, to a degree, is an old‌ new one.

 

[TurnedToRobot]

Something you have experience with?

 

[curiousmarv]

Two other ones, business bank accounts:

https://www.azlo.com/https://seed.co/

 

[curiousmarv]

Private ones but not as established it seems:

https://moven.com/Arival (The first finthech bank) (very new, only demo access)

 

[UScorp]

To open a Chime account you need a Social Security Number otherwise no chance

 

[curiousmarv]

I'm pretty sure all this banking options are only for US citizens in one way‌ or the other. This are not remote banks for non US entities.