Basis

Platform for developing financial applications

San Francisco, California, United States

About Basis

Basis provides a platform that assists businesses in creating financial applications. The platform includes a variety of tools and integrations that simplify the process of building, testing, and deploying these applications. Clients, which range from financial institutions to fintech startups, can access the platform through a subscription model, paying for its features and support. Basis distinguishes itself from competitors by focusing on streamlining the development process and offering custom solutions tailored to the specific needs of its clients. The company's goal is to empower businesses to innovate and enhance their financial operations through improved application offerings.

1688 Pine St UNIT E211, San Francisco, CA 94109, USAHeadquarters
2022Year Founded
$6MTotal Funding
SEEDCompany Stage
Enterprise Software, FintechIndustries
1-10Employees

Risks

Emerging fintech startups offer similar tools at lower costs.
Regulatory scrutiny on data privacy may increase compliance costs.
Economic downturns could reduce demand for Basis's services.

Differentiation

Basis provides real-time cash flow profiles for B2B lenders.
The platform integrates data from revenue, accounting, and banking sources.
Basis offers a subscription-based model with premium services and custom solutions.

Upsides

Increased demand for real-time financial data analytics benefits Basis's offerings.
The rise of embedded finance aligns with Basis's focus on lending stacks.
Open banking trends enhance Basis's cash flow profile accuracy.