How they describe themselves: We deliver premium banking at everyone’s fingertips. Plastyc provides PC+Mobile access to FDIC insured depository accounts linked to a Visa prepaid card with on-demand paper checks and a cash-back reward program. Customers are both the traditionally under-banked and youth (teens and students).
How they describe their product/innovation: Savings service allowing account holders to set money aside for a rainy day or for specific future purchases with exceptional rewards. Saving is easily turned into a habit thanks to automated daily, weekly or monthly deposits. No new account needs to be opened: the savings account resides right inside an existing prepaid card account.