SVB was a horrible antiquated banking experience. It was heavily recommended for my last startup so I signed up without shopping around. It was literally the worst online banking experience I’ve ever used, straight out of the 90’s. And there were fees for every little thing. Maybe they’ve improved in the last 5 years, but I will never try them again.
Azlo and Mercury are more traditional banking. They're fintech companies offering banking services while backed by regulated banks on the backend (a common setup to avoid the years long regulatory hurdle of starting a new bank).
Brex started with corporate credit cards and now also has the "Cash" banking product but its not quite the same. It's more like a corporate paypal account that looks and feels like a bank account. It's also another good choice.
The business didn’t last very long so we never got around to switching banks. But whenever I do my next startup I will shop around more. I would love to hear any recommendations people might have to share.
Sending wires, depositing checks, transferring between accounts, bill pay, etc. They all require the terrible mobile app or online UI. Banks are all the same until you're a big company, better to go with one with modern tools.
