SoloStream
Enabling
Self-Employed Banking
Enabling financial institutions to attract and grow vital financial services for a valuable and important banking segment: The self-employed workforce.
Meeting the Needs of an Underserved Segment
SoloStream offers significant value in promoting deposit growth and attracting younger clients. The platform’s deposit growth features include tax savings accounts, which are often utilized for both annual tax settlements and quarterly payments. This incentivizes users to consistently grow their deposits. Additionally, SoloStream’s deposit alert features encourage the primacy of checking accounts, ensuring users stay engaged and aware of their financial activity.
Moreover, SoloStream is particularly effective in attracting younger clients, such as freelance workers and career professionals with side hustles. These individuals tend to be young, upwardly mobile, and strong earners with diverse financial servicing needs. By catering to this demographic, SoloStream not only meets their immediate financial management requirements but also establishes a long-term relationship with clients who are likely to have increasing financial needs as their careers progress.
Helping FIs Launch at Scale
Easy to Implement Branded Mobile Features
No IT hours required
Smart checking account product with automated tax savings
Quick calculator for managing 1099 income
Reminders, notifications, and brandable content
Transform Your Banking Services with SoloStream
Tailored Tax Savings Solutions
SoloStream offers a unique, customized approach to tax savings accounts designed specifically for self-employed individuals. Our platform understands the complexities of self-employment income, providing personalized solutions that maximize tax benefits and simplify financial management.
Seamless Integration
SoloStream seamlessly integrates with your existing banking infrastructure, ensuring a smooth transition and minimal disruption. Our intuitive API allows for quick setup and immediate access to all features, enabling your bank to offer enhanced services without the hassle.
Attract New Customers
With SoloStream, your bank can attract a growing and underserved market of self-employed professionals. Our innovative tax savings accounts provide a compelling reason for this segment to choose your institution, driving new customer acquisition and retention.
Enhance Customer Loyalty
By offering specialized tax savings accounts, your bank demonstrates a commitment to meeting the unique needs of self-employed customers. This dedication fosters trust and loyalty, ensuring long-term relationships and increased customer satisfaction.
Boost Revenue Streams
SoloStream not only helps attract new customers but also opens up new revenue opportunities. With our tailored tax savings accounts, your bank can offer value-added services, such as financial planning and investment advice, further enhancing your profitability.
Compliance and Security
SoloStream ensures all accounts comply with the latest tax regulations and financial standards. Our robust security measures protect sensitive customer information, providing peace of mind for both your bank and your clients.
Join the SoloStream Revolution
Unlock the potential of your bank with SoloStream and become a leader in serving the self-employed workforce. Partner with us today to offer innovative tax savings accounts that cater to the unique needs of this vital segment.
