Press & Media
The latest news, media coverage, and insights from Holdings.
Featured In
NerdWallet Names Holdings a Top Business Savings Account for 2025
We earned a spot on NerdWallet's best-of list for high-yield business accounts—thanks to our 1.75% APY and zero fees.
Read articleCFO Tech Outlook Recognizes Holdings as a Top Fintech Provider
CFO Tech Outlook highlighted our zero-fee banking and integrated accounting as a standout solution for growing businesses.
Read articleJason Garcia Named to Utah's Founder 100
Jason was recognized as one of Utah's top 100 founders by fellow entrepreneurs and the Venture Capital Podcast, celebrating innovation and fundable vision in Utah's startup ecosystem.
See full listCEO Jason Garcia on EOFire: Why We Built Holdings
Jason joined Entrepreneurs on Fire to share how his experience at Goldman Sachs, Silicon Valley Bank, and Mercury led him to build better banking for SMBs.
Listen to episodeJason Garcia Featured on Distro's "No Instructions" Podcast
Jason sat down with Chad Ingram to discuss his journey from the corporate finance world to founding Holdings—and what it takes to build a fintech that actually serves business owners.
Listen to episodeCompany News
Holdings Launches Comprehensive Profit Bundle
We unveiled the Profit Bundle—always-free business banking, 2% APY on all balances, integrated accounting, and full-service bookkeeping—all in one platform. To celebrate, we're offering three months free for accounting or bookkeeping services.
Read announcementStartup Grind Members: 3 Months Free on Holdings
We partnered with Startup Grind to offer their community zero-fee banking with 1.75% APY and integrated accounting—free for 3 months.
View offerHoldings Raises $7M to Build Banking That Works for SMBs
We closed our seed round led by Album VC with participation from Fin Capital, Hustle Fund, and others. The funding launched high-yield business banking with zero fees and integrated financial tools.
Read coverage in AxiosFrame VC Backs Holdings' Vision for Integrated Business Finance
Frame VC invested in our mission to combine high-yield banking with powerful cash management tools for growing businesses. "Jason and Hayley exemplify durability—practical solutions with audacious vision," said Frame's investment team.
Read articleHoldings Accelerates Launch in Response to Banking Crisis
Originally scheduled for November, we launched in March during the Silicon Valley Bank collapse—offering businesses up to $3M FDIC insurance and 4% APY when they needed it most.
Read announcementThought Leadership
How to Make Your Idle Cash Work Harder
Jason joined the Return On podcast to explain how businesses can earn more on deposits without locking up funds—and why the old model of separate checking and savings accounts no longer works.
Listen to episodeJason Garcia Featured on American Nonprofit Academy Podcast
Jason discussed how nonprofits can build credit, establish banking relationships proactively, and structure their finances like businesses to increase long-term sustainability.
Listen to episodeFrom Goldman Sachs to Fintech Founder: Building Holdings
Jason's career at major banks revealed how they overlook SMBs—so he built a platform that puts business owners first. His experience running finance at startups and building products at Mercury showed him what was missing.
Read articleIn The Media
Key coverage highlights:
Axios
SVB, Mercury alum raises $7M for cash management fintech — May 2023
Utah Business
Why Frame VC invested in Holdings — Sep 2023
CFO Tech Outlook
Holdings Financial Technologies — Top Fintech Provider — Sep 2024
TechBuzz News
Jason Garcia named to Founder 100 list — Jun 2024
Distro (No Instructions Podcast)
Jason Garcia interview — Nov 2023
EOFire Podcast
Jason Garcia on building Holdings — Dec 2023
Return On Podcast
Making idle cash work harder — Nov 2024
American Nonprofit Academy
Building trust and credit for nonprofits — Sep 2024
About Holdings
Holdings is a financial technology company that combines zero-fee business banking, 1.75% APY on all balances, integrated accounting software, and optional full-service bookkeeping—all in one platform.
Founded in 2022 by Jason Garcia (former VP of Capital at Mercury, SVP at Silicon Valley Bank) and Mahalia Thomas (former Product Designer at Mercury and Clearco), Holdings serves small businesses, nonprofits, and independent professionals nationwide.
Key Facts
Founded
2022
Headquarters
Salt Lake City, Utah
Funding
$7M seed round (Album VC, Frame VC, Fin Capital, Hustle Fund, Liquid2 Ventures, others)
FDIC Insurance
Up to $3M through sweep network
APY
1.75% on all balances
Fees
Zero monthly fees, zero transaction fees, zero overdraft fees
Key Quotes
On founding Holdings
"Entrepreneurs and nonprofit managers deserve a financial ally that appreciates their efforts rather than penalizes them. We established Holdings to simplify and enhance money management, allowing organizations to concentrate on what truly matters—growth, impact, and their core mission."
— Jason Garcia, CEO & Co-Founder
On the changing treasury landscape
"The idea of having all of the money just sit in a checking account now is kind of gone."
— Jason Garcia, CEO & Co-Founder
On building credit
"The best time to talk to different credit providers is when you don't need it."
— Jason Garcia, CEO & Co-Founder
On yield transparency
"Unlike typical financial institutions that keep the yield for themselves, Holdings Financial Technologies passes this yield onto its customers. We choose to share this yield, ensuring you benefit from your funds."
— Mahalia Thomas, Co-Founder, Product + Design
On investing in Holdings
"The best companies in the world are durable. Jason and Hayley were ready. Within days of the [SVB] collapse and far ahead of schedule, Holdings launched its first product: a high-yield cash management solution with up to $3M FDIC insurance and same-day liquidity... Practical solution, audacious vision: the hallmarks of durability."
— Frame VC, Investor
Brand Assets
Official Holdings logos and icons for press, partnerships, and media use. Right-click to save or use the download links below. All assets are publicly hosted and can be referenced directly via URL.
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Media & Press Inquiries
For press inquiries, interviews, partnerships, or media requests, reach out to our team.
info@getholdings.comFor general support, contact support@getholdings.com or call (888) 621-4593.
Press & partnerships: info@getholdings.com
Website: getholdings.com
Holdings is a financial technology company and is not a bank. Banking services are provided by i3 Bank, Member FDIC. The Holdings Visa Debit Card is issued by i3 Bank pursuant to a license from Visa U.S.A. Inc.