Pile

Pile Capital is a financial technology startup that offers a centralized platform for startups and small to medium-sized enterprises (SMEs) in Europe to manage their finances efficiently and promote capital growth. The platform allows businesses to open an account within minutes and manage multiple business accounts in one place.

The company offers a competitive interest rate of up to 4% per annum on the first €100,000 of deposits, and 1.5% on the remaining balance. This interest rate is variable and can change according to market conditions. The minimum deposit is €1,000, and the capital is fully liquid, meaning it can be accessed at any time.

Pile Capital operates in the fintech market, serving startups and SMEs. Its business model revolves around providing a user-friendly platform for businesses to manage their finances and earn interest on their deposits. The company makes money by charging fees for its services and earning interest on the deposits it holds.

The platform also offers a comprehensive search function that allows users to search all transactions across all connected accounts and banks. Payments can be made directly through Pile, and balances across all companies can be viewed on Pile.

Pile Capital ensures the security of its users' money through its network of selected and regulated partner banks. It offers the security of a traditional bank with the modern user interface of a neo-bank. Thanks to European deposit insurance, deposits are protected up to €100,000 per bank.

Keywords: Fintech, Startups, SMEs, Financial Management, Capital Growth, Interest Earnings, Deposit Insurance, User-friendly Platform, Secure Banking, European Market.