Branch Launches New High Yield Savings Feature
Summary
Branch launched High Yield Savings, a new embedded savings feature for workers who use its app and partner-branded applications. The feature lets eligible users earn up to 3.25% APY with no fees and no minimum balance to open an account. Branch is rolling out the product first to Uber Pro Card holders before expanding it to other Branch-powered apps. The launch strengthens Branch’s embedded financial services platform and deepens its partnership-driven distribution model.
AskAI Classifications
Sectors
Fintech, Banking and Payments
General FinTech
Payment Processing
Functions
Human Resources
Workforce Management
Linked Companies
Branch
$1M to $5M