Jiko bank

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or corresponding, bank deposit account (your Jiko Bank Account) at Jiko Bank. Your Jiko Bank Account will be subject to separate terms and conditions between you and Jiko Bank. By

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Jiko Technologies, Inc. Jiko Securities, Inc. Jiko Bank, a

BERKELEY, Calif., Sept. 3, 2020 /PRNewswire/ -- Jiko Group, Inc., a new bank holding company building an innovative money platform, today announced it has completed its acquisition of Mid-Central National Bank - formerly Mid-Central Federal Savings Bank - headquartered in Wadena, MN.The transaction, which was approved by the Office of the Comptroller of the Currency (OCC) and the Federal Reserve Bank of San Francisco, marks a major milestone in Jiko's strategy to establish an entirely new model for money storage and movement. Stephane Lintner, Co-Founder and CEO, Jiko Unlike most traditional consumer fintech and banking institutions, Jiko transparently keeps its customers directly invested in liquid US government-backed Treasury Bills (T-bills), instead of holding customer deposits. Thanks to Jiko's proprietary technology, an investment can act as a liquid and spendable alternative to cash. "The past decade of fintech and online banking innovations has exposed new customers to our industry and demonstrated that innovation in the financial sector is needed," said Stephane Lintner, CEO and Co-Founder of Jiko. "People's relationship to money must be fundamentally improved for everyone. One of Jiko's primary goals is to give people what they deserve: more organic and direct returns, without intermediaries and unnecessary friction."Over the last three years, Jiko has invested heavily in its core infrastructure, which merges payment rails with real-time, 24/7 principal trading capabilities on T-bills. Jiko's technology stack, combined with the recently acquired banking and broker-dealer licenses, are the necessary building blocks to deliver on its core mission of deploying a platform that gives everyone the opportunity to control and benefit from their money.With a completed bank purchase and all regulatory requirements fulfilled, Jiko will soon announce the launch of a powerful and fluid mobile app for the general public.To receive updated product information and availability, go to and enter your email address. About JikoJiko Group, Inc., a bank holding company supervised by the U.S. Federal Reserve, is an innovative financial technology company headquartered in California. Jiko was formed in 2016, with a mission to deploy a platform that gives everyone the opportunity to control and benefit from their money.Media Contact: Colin Crook, Director of Communications, Jiko e: [email protected] p: 650-269-5235SOURCE Jiko Related Links WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+Newsrooms &Influencers 9k+Digital MediaOutlets 270k+JournalistsOpted In

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Jiko Will Bank Profiles - Facebook

Jiko Group, Inc., a new bank holding company building an innovative money platform, announced it has completed its acquisition of Mid-Central National Bank – formerly Mid-Central Federal Savings Bank – headquartered in Wadena, MN.Read More: Four Benefits of Buy Now Pay Later for Ecommerce RetailersThe transaction, which was approved by the Office of the Comptroller of the Currency (OCC) and the Federal Reserve Bank of San Francisco, marks a major milestone in Jiko’s strategy to establish an entirely new model for money storage and movement.Unlike most traditional consumer fintech and banking institutions, Jiko transparently keeps its customers directly invested in liquid US government-backed Treasury Bills (T-bills), instead of holding customer deposits. Thanks to Jiko’s proprietary technology, an investment can act as a liquid and spendable alternative to cash.Read More: Habito, UK’s Digital Mortgage Broker, Secures £5.5m in Series A funding“The past decade of fintech and online banking innovations has exposed new customers to our industry and demonstrated that innovation in the financial sector is needed,” said Stephane Lintner, CEO and Co-Founder of Jiko. “People’s relationship to money must be fundamentally improved for everyone. One of Jiko’s primary goals is to give people what they deserve: more organic and direct returns, without intermediaries and unnecessary friction.”Over the last three years, Jiko has invested heavily in its core infrastructure, which merges payment rails with real-time, 24/7 principal trading capabilities on T-bills. Jiko’s technology stack, combined with the recently acquired banking and broker-dealer licenses, are the necessary building blocks to deliver on its core mission of deploying a platform that gives everyone the opportunity to control and benefit from their money.Read More: COVID-19 and Automation are Changing Finance for Good

Jiko Securities, Inc. Jiko Bank, a division of Mid-Central

Sign Ups are open for National Anime Song Translation Month 2018!Please let us know what features you would like to see on Anime Lyrics! --> new rsspausescroller("aglobe", "pscroller1", "rssclass", 3000, "_new") --> --> --> PAPI JUMP Print view Print view with Kanji Album / Collection: Megpoid/GUMI Lyrics, Composition, Arrange: KeedasshuVocal: GUMI View Kanji New Feature! In kanji view, mouseover a kanji character for lookup information!Lyrics from Animelyrics.comWHERE ARE YOU NOW... TOUCH ME tte DON'T STOP na BABYBOY WAITING LORD...nandakandade 1MORE KONTINYUUREADY GO FANTASTIC GIRL "I MY ME FALL' IN BITCH"ROUND & ROUND NO ID(PASS) de EVERYBODY'S PARTY NIGHTFuyuu kan sonna RIPURAI matte tobikomu 3D BAD DAYS Mou iya, nakaba jimetsu teki ni SHATTO DAUN 3 2 1 HAI jiko HATE JUMP JUMP I PLAY PAPIJUMP JUMP IeeiJuuryokuSHUT UP taikiken RUN RUN RUN UeeiPHONE PHONE IPHONE APP, TOUCH TOUCH TOUCH Ieei I CAN FLY! ORZ...RISUTAATO PLAY PLAY PLAY PAPIJUMPMirai kan isso kuukan o sousa tobikomu 2D HAPPY DAYAa sokkatte shikou o ittan PAAJI MIDDONAITO 2 O'CLOCK no NACHURARU HAIYurayura mizu no you ni tadayotta ate mo nakute Kumo no ma (ma) ni hari o toosu mitai ni ukabuEVERYBODY'S PARTY NIGHTJUMP JUMP I PLAY PAPIJUMP JUMP IeeiJuuryokuSHUT UP taikiken RUN RUN RUN UeeiPHONE PHONE IPHONE APP, TOUCH TOUCH TOUCH IeeiI CAN FLY! ORZ...RISUTAATO PLAY PLAY PLAY PAPIJUMPJUMP JUMP I PLAY PAPIJUMP JUMP IeeiJuuryokuSHUT UP taikiken RUN RUN RUN UeeiPHONE PHONE IPHONE APP, TOUCH TOUCH TOUCH Ieei I CAN FLY! ORZ...RISUTAATO PLAY PLAY PLAY PAPIJUMP Transliterated by TamaPochi [Submit an English translation for. or corresponding, bank deposit account (your Jiko Bank Account) at Jiko Bank. Your Jiko Bank Account will be subject to separate terms and conditions between you and Jiko Bank. By Jiko Bank, a division of Mid-Central National Bank Jiko Bank Account Agreement Revised Janu This Jiko Bank Account Agreement (the Agreement ) including certain

Jiko Bank Retail Bank Account Agreement

PaymentsImage courtesy ofJikoFebruary 17, 2021Jiko Group Inc., a bank holding company supervised by the Federal Reserve announced that it has processed a massive $4.7 million debit card transaction as part of its newly launched Debit Card Cashback Rewards Program. A tax payment to the IRS made with a Jiko Debit Card, resulted in $47,000 cash back to the customer, which was deposited directly into the customer's account for immediate spending, according to a press release.Jiko replaces bank deposits with fluid government-backed Treasury Bill investments, which can be spent in real-time by customers via debit transactions. Jiko's Debit Card Cashback Rewards Program passes the interchange income, income usually kept by banks, back to the customer in the form of 1% cash back on qualifying purchases. The $4.7 million IRS payment was processed through Jiko's Virtual Debit Card for Tax Payments feature, which operates on the Discover Network, and is currently available for all users."We've made it possible for customers to benefit from debit card rewards, just as they've experienced credit card rewards in the past," Stephane Lintner, CEO and co-founder of Jiko said in the release. "Because Jiko is the bank, we collect the fees that banks typically collect from merchants. However, our unique, subscription-based business model means that unlike banks, we can pass those fees directly to our customers, small and large, creating this Debit Cards Cashback Rewards Program."Related Media

Jiko Bank Commercial Bank Account Agreement

At the discretion of the Partner Banks or Public Investing. Apex Clearing and Public Investing receive administrative fees for operating this program, which reduce the amount of interest paid on swept cash. Neither Public Investing nor any of its affiliates is a bank. Learn more.Cryptocurrency.Cryptocurrency trading, execution, and custody services are provided by Bakkt Crypto Solutions, LLC (NMLS ID 1828849) (“Bakkt”). Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrencies offered by Bakkt are not securities and are not FDIC insured or protected by SIPC. Your cryptocurrency assets are held in your Bakkt account. Bakkt is a licensed virtual currency business by the New York State Department of Financial Services and a licensed money transmitter, but is not a registered broker-dealer or a FINRA member. Your Bakkt Crypto account is separate from your brokerage account with Public Investing, which holds US-listed stocks and ETFs. Please review the Risk Disclosures before trading.Treasury Accounts.Investing services in treasury accounts offering 6 month US Treasury Bills on the Public platform are through Jiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA& SIPC. See JSI’s FINRA BrokerCheckand Form CRSfor further information. JSI uses funds from your Treasury Account to purchase T-bills in increments of $100 “par value” (the T-bill’s value at maturity). T-bills are purchased at a discount to the par value and the T-bill’s yield represents the difference in price between the “par value” and the “discount price.” Aggregate funds in your Treasury Account in excess of the T-bill purchases will remain in your Treasury Account as cash. The value of T-bills fluctuate and investors may receive more or less than their original investments if sold prior to maturity. T-bills are subject to price change and availability - yield is subject to change. Past performance is not indicative of future performance. Investments in T-bills involve a variety of risks, including credit risk, interest rate risk, and liquidity risk. As a general rule, the price of a T-bills moves inversely to changes in interest rates. Although T-bills are considered safer than many other financial instruments, you could lose all or a part of your investment. See Jiko U.S. Treasuries Risk Disclosuresfor further details.Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value.Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank. JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (“Public”) or any of its subsidiaries. None of these entities provide legal, tax, or accounting advice. You should consult your legal, tax, or financial advisors before making any financial decisions. This material is not intended as a recommendation,

Jiko Bank Jobs, Employment - Indeed

Treasury teams innovate beyond existing workflows–with the peace of mind that their investments earn the risk-free treasury rate at all times.”Stephane Lintner, Jiko Founder and CEO“Jiko’s platform represents a disruptive innovation for anyone holding cash in traditional money market funds. Jiko is challenging the status quo and delivering a level of security and flexibility that money market funds simply cannot provide. I am excited to join the board and support Jiko in its mission to disrupt the treasury market.”Scott Richland, Chief Investment Officer of the California Institute of Technology“As a founder in the cloud and treasury space, I understand the need for modern, robust infrastructure that supports secure storage and seamless transfers. Corporate Treasury has long been underserved with outdated systems, and Jiko addresses a critical gap with its innovative digital platform. I’m thrilled to bring my experience to this mission and support Jiko as they modernize treasury management with the technology and agility that today’s companies need.”Jean-Luc Robert, former CEO and founder of Kyriba

Jiko Bank Account Agreement - assets.ctfassets.net

Jiko, a technology platform and bank that provides seamless access to U.S. Treasury bills, announced the completion of a $29 million Series C funding round led by existing investors Upfront Ventures, with the participation from Airbus Ventures, Red River West, Radicle Impact, and other undisclosed investors. This latest funding round strengthens the company’s operating capital as it continues establishing itself as a major player in the institutional and enterprise market.Jiko’s platform enables clients to open and manage digital corporate pockets of cash in real-time. Jiko’s foundational innovation, Jiko Pockets, enables clients to conveniently purchase and sell T-bills programmatically, 24/7, offering a safer alternative to traditional investment vehicles like leveraged bank deposits and money market funds. And Jiko’s uniquely integrated digital trading desk, banking charter, and cloud-based infrastructure have helped clients trade over $10 billion in T-bills.So treasury teams can, for the first time, access, configure, and manage digital pockets of sensitive corporate cash through Jiko’s online corporate dashboard, Jiko’s secure enterprise API, and Jiko’s integrations into a growing list of world-leading Treasury Management platforms.Jiko also plans to add Scott Richland, Chief Investment Officer of the California Institute of Technology, Centerbridge Senior Advisor Steve Shafran, and former Ally Bank Chairperson and CEO Barbara Yastine to its board of directors, pending required regulatory approvals. And each new board member brings seasoned experience from the banking and asset management sectors. These new board members will provide invaluable insight as the company matures and broadens its influence in the corporate treasury space.Jiko also established a dedicated advisory committee to support Jiko’s mission and foster continued innovation in treasury management solutions. And Jean-Luc Robert, former CEO and founder of Kyriba will chair the committee. He will be joined by former Treasury Secretary Lawrence H. Summers, former FDIC Chair Sheila Bair, Meta Chief Strategy Officer David Wehner, and Coinbase’s Head of Institutional Product, Greg Tusar. These seasoned advisors will offer guidance on industry trends, regulatory developments, and best practices, ensuring that Jiko remains squarely at the forefront of digital innovation to deliver unparalleled value and safety to even its most forward-leaning corporate clients.With this funding round and the platform’s demonstrated scale, Jiko plans to expand its presence to meet the growing demand for the safety of T-bills across all sectors. And the company’s commitment to innovation and security has already attracted a growing list of clients who are reaping the benefits of hassle-free T-bill-powered Jiko Pockets.KEY QUOTES:“This funding round is a testament to the trust our investors have in Jiko’s mission. By connecting corporate treasurers directly to the US government’s yield and full faith, we are witnessing an unparalleled unlocking of financial flexibility and control for our globally-operative clients. We love to see our platform help. or corresponding, bank deposit account (your Jiko Bank Account) at Jiko Bank. Your Jiko Bank Account will be subject to separate terms and conditions between you and Jiko Bank. By Jiko Bank, a division of Mid-Central National Bank Jiko Bank Account Agreement Revised Janu This Jiko Bank Account Agreement (the Agreement ) including certain

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BANK ACCOUNT AGREEMENT AND DISCLOSURES - jiko

Founded: 2016Products: Jiko Money Storage is available directly via commercial and retail accounts, and embeddable through APIs.Overview: Jiko is a vertically integrated financial institution that offers real-time programmatic access to US Treasury bills (T-bills) – an asset class that it says offers competitive yield and safety, but for which traditional access can be costly and opaque. The solution is pitched as a complement to other money storage options.In addition to T-bill investments being backed by the ‘full faith and credit’ of the US Treasury (which also backstops FDIC and NCUSIF insurance on cash deposits), they are also fully paid for and held in a segregated custody account at BNY Mellon.Jiko blends the payment technology of its national bank with the proprietary trading and ledgering technology of its registered broker-dealer. This enables clients to deploy cash into T-bill maturities of their choosing (currently 1-, 3-, 6- and 12-months) without having to hire traders or use brokerage interfaces. Its flagship Money Storage product is used to deploy cash into T-bills and map out liquidity needs.Jiko became a bank holding company by acquiring Mid-Central National Bank in 2020, a deal that was approved by the Office of the Comptroller of the Currency (OCC) and the Federal Reserve Bank of San Francisco. Jiko’s operations comply with the same regulations as all other US financial institutions, including oversight from the Financial Industry Regulatory Authority (FINRA) and the OCC.Partners: Public, EuphoriaJiko’s mission is to deliver a premier global money-storage platform, providing all customers with risk-free returns on their balances while allowing 24/7 instant payments and transfers.Employees: 62Funding: Series BOwnership: Privately held and venture-backed. A Series B round of funding was announced in October 2022.Elevator pitch: “Jiko is a vertically integrated financial institution which combines the stability of a national bank and registered broker-dealer with modern trading and ledgering technology to offer its clients real-time programmatic access to the yield and safety of T-bills. While preserving on-demand liquidity, cash is invested in the safety of T-bills on behalf of the customer, which are securely held at the biggest custody bank in the country. Jiko’s mission is to deliver a premier global money-storage platform, providing all customers with risk-free returns on their balances while allowing 24/7 instant payments and transfers.”Website: Jiko.ioTMI view: The platform offers a fully integrated means of buying, storing, and spending T-bills as a source of secure and on-demand liquidity.Verdict: A simple means of accessing T-bills and using them as a complementary cash source.

Jiko Commercial Bank Account Agreement

At the Animal Kingdom Lodge Resort?On Wednesday’s a Disney sommelier takes you on an African journey of wines paired with delicious cheeses from this beautiful continent. And like I previously mentioned, it’s FREE!UPDATE: During the phased reopening of Disney Resorts, wine tasting at Jiko is currently suspended.Free Things to Do Outside of the Disney World ParksNow that we know ALL of the things to do for free around Disney, let’s go through a few things you can also do for free in Orlando.68. Tour Celebration, FloridaMarket Street, located in Celebration, Florida, has monthly events like car shows and craft festivals that vary throughout the year.These events are often season-themed like the “Now Snowing Nightly” event that features “snowfall” about four times a night complete with visits from Santa.The price?Zip. Zilch. Nada!Celebration is just a ten-minute drive south of Walt Disney World and was a planned community initially established by the Walt Disney Company.Recommended: 27 Unique and FUN Things to Do in Orlando for CouplesMore free things to do in Celebration, FloridaEnjoy the Lakeside BoardwalkWalk around the shops on Market StreetDiscover the Bohemian Hotel Celebration Join the Conversation on the Solo Theme Park Traveler’s Community on Facebook! 69. Explore International DriveInternational Drive is a walkable area in the heart of the Orlando tourist scene. SeaLife Aquarium Orlando at Icon ParkMadame Tussauds Museum in Orlando Icon ParkIt’s filled with world-class attractions, entertainment, dining and shopping fun that is perfect for a quick getaway from the parks!I recently had an amazing first-time experience doing the Orlando Game Room challenge.Questions You May Have About Finding Free Things to Do at Disney WorldLet’s go through a few of the most commonly asked questions that I receive.Is Disney World free on your birthday?Walt Disney World is still the ultimate place to celebrate your birthday!In 2009, they. or corresponding, bank deposit account (your Jiko Bank Account) at Jiko Bank. Your Jiko Bank Account will be subject to separate terms and conditions between you and Jiko Bank. By Jiko Bank, a division of Mid-Central National Bank Jiko Bank Account Agreement Revised Janu This Jiko Bank Account Agreement (the Agreement ) including certain

Jiko: A truly personal bank - fintastico.com

Station, which hosts an array of activities for members, bike and boat rentals, basketball courts, fishing excursions, a nightly Seven Lagoon Electrical Water Pageant, nightly campfires, and nightly Disney movies. For dining, you must check out Storybook Dining at Artist’s Point. It features Snow White and the Seven Dwarves and is one of the finest character dining experiences you’ll ever encounter. Whispering Canyon Cafe is another excellent experience where pranks and jokes abound. Children will delight in both; there are also quick service and bars on-site. Animal Kingdom Villas The Animal Kingdom has its safari with thirty species of African wildlife. Most rooms have a balcony facing the safari, so you can always look outside and see the animals, and it’s split into two areas, the Jambo House and Kidani Village. The African decor and theme are used very well, extending to the dining options. You can swim in the Uzima Pool near the safari, play in the Hakuna Matata Playground, visit the arcade, or chill in the spa. This location isn’t as close to the parks, but if you don’t mind the long ride, you can still get back and forth. There are also fewer attractions at the resort itself compared to others, but the biggest draw is the Uzima Safari. If you enjoy watching the animals, you can burn time just doing that. The Mara handles quick service with food court-type dining, but it’s its share of exotic. The Jiko is their fine dining restaurant, and Boma is casual dining. Both offer a mix of genuine African cuisine and American dishes. Plus, a pool bar. Beach Club Villas Disney’s Beach Club Villas is a New England-style resort on the beach near Walt Disney World. This beach-themed resort is relaxing and entertaining at the same time. It doesn’t sit on the monorail, but you can easily access the parks via bus or car. The Beach Club has three pools, two of which are calmer affairs for adults. The last, Stormalong Bay, is three acres of outstanding water play and swimming for kids. It’s modeled after a shipwreck and guaranteed to kids playing for a long time. There are movies every night on the beach, volleyball and tennis courts, and even watercraft and bike rentals. You can even rent a boat and motor to the Disney Hollywood Studios across the bay, another great time. There are no fancy dining options,

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BERKELEY, Calif., Sept. 3, 2020 /PRNewswire/ -- Jiko Group, Inc., a new bank holding company building an innovative money platform, today announced it has completed its acquisition of Mid-Central National Bank - formerly Mid-Central Federal Savings Bank - headquartered in Wadena, MN.The transaction, which was approved by the Office of the Comptroller of the Currency (OCC) and the Federal Reserve Bank of San Francisco, marks a major milestone in Jiko's strategy to establish an entirely new model for money storage and movement. Stephane Lintner, Co-Founder and CEO, Jiko Unlike most traditional consumer fintech and banking institutions, Jiko transparently keeps its customers directly invested in liquid US government-backed Treasury Bills (T-bills), instead of holding customer deposits. Thanks to Jiko's proprietary technology, an investment can act as a liquid and spendable alternative to cash. "The past decade of fintech and online banking innovations has exposed new customers to our industry and demonstrated that innovation in the financial sector is needed," said Stephane Lintner, CEO and Co-Founder of Jiko. "People's relationship to money must be fundamentally improved for everyone. One of Jiko's primary goals is to give people what they deserve: more organic and direct returns, without intermediaries and unnecessary friction."Over the last three years, Jiko has invested heavily in its core infrastructure, which merges payment rails with real-time, 24/7 principal trading capabilities on T-bills. Jiko's technology stack, combined with the recently acquired banking and broker-dealer licenses, are the necessary building blocks to deliver on its core mission of deploying a platform that gives everyone the opportunity to control and benefit from their money.With a completed bank purchase and all regulatory requirements fulfilled, Jiko will soon announce the launch of a powerful and fluid mobile app for the general public.To receive updated product information and availability, go to and enter your email address. About JikoJiko Group, Inc., a bank holding company supervised by the U.S. Federal Reserve, is an innovative financial technology company headquartered in California. Jiko was formed in 2016, with a mission to deploy a platform that gives everyone the opportunity to control and benefit from their money.Media Contact: Colin Crook, Director of Communications, Jiko e: [email protected] p: 650-269-5235SOURCE Jiko Related Links WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+Newsrooms &Influencers 9k+Digital MediaOutlets 270k+JournalistsOpted In

2025-04-15
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Jiko Group, Inc., a new bank holding company building an innovative money platform, announced it has completed its acquisition of Mid-Central National Bank – formerly Mid-Central Federal Savings Bank – headquartered in Wadena, MN.Read More: Four Benefits of Buy Now Pay Later for Ecommerce RetailersThe transaction, which was approved by the Office of the Comptroller of the Currency (OCC) and the Federal Reserve Bank of San Francisco, marks a major milestone in Jiko’s strategy to establish an entirely new model for money storage and movement.Unlike most traditional consumer fintech and banking institutions, Jiko transparently keeps its customers directly invested in liquid US government-backed Treasury Bills (T-bills), instead of holding customer deposits. Thanks to Jiko’s proprietary technology, an investment can act as a liquid and spendable alternative to cash.Read More: Habito, UK’s Digital Mortgage Broker, Secures £5.5m in Series A funding“The past decade of fintech and online banking innovations has exposed new customers to our industry and demonstrated that innovation in the financial sector is needed,” said Stephane Lintner, CEO and Co-Founder of Jiko. “People’s relationship to money must be fundamentally improved for everyone. One of Jiko’s primary goals is to give people what they deserve: more organic and direct returns, without intermediaries and unnecessary friction.”Over the last three years, Jiko has invested heavily in its core infrastructure, which merges payment rails with real-time, 24/7 principal trading capabilities on T-bills. Jiko’s technology stack, combined with the recently acquired banking and broker-dealer licenses, are the necessary building blocks to deliver on its core mission of deploying a platform that gives everyone the opportunity to control and benefit from their money.Read More: COVID-19 and Automation are Changing Finance for Good

2025-04-19
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PaymentsImage courtesy ofJikoFebruary 17, 2021Jiko Group Inc., a bank holding company supervised by the Federal Reserve announced that it has processed a massive $4.7 million debit card transaction as part of its newly launched Debit Card Cashback Rewards Program. A tax payment to the IRS made with a Jiko Debit Card, resulted in $47,000 cash back to the customer, which was deposited directly into the customer's account for immediate spending, according to a press release.Jiko replaces bank deposits with fluid government-backed Treasury Bill investments, which can be spent in real-time by customers via debit transactions. Jiko's Debit Card Cashback Rewards Program passes the interchange income, income usually kept by banks, back to the customer in the form of 1% cash back on qualifying purchases. The $4.7 million IRS payment was processed through Jiko's Virtual Debit Card for Tax Payments feature, which operates on the Discover Network, and is currently available for all users."We've made it possible for customers to benefit from debit card rewards, just as they've experienced credit card rewards in the past," Stephane Lintner, CEO and co-founder of Jiko said in the release. "Because Jiko is the bank, we collect the fees that banks typically collect from merchants. However, our unique, subscription-based business model means that unlike banks, we can pass those fees directly to our customers, small and large, creating this Debit Cards Cashback Rewards Program."Related Media

2025-04-21
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At the discretion of the Partner Banks or Public Investing. Apex Clearing and Public Investing receive administrative fees for operating this program, which reduce the amount of interest paid on swept cash. Neither Public Investing nor any of its affiliates is a bank. Learn more.Cryptocurrency.Cryptocurrency trading, execution, and custody services are provided by Bakkt Crypto Solutions, LLC (NMLS ID 1828849) (“Bakkt”). Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrencies offered by Bakkt are not securities and are not FDIC insured or protected by SIPC. Your cryptocurrency assets are held in your Bakkt account. Bakkt is a licensed virtual currency business by the New York State Department of Financial Services and a licensed money transmitter, but is not a registered broker-dealer or a FINRA member. Your Bakkt Crypto account is separate from your brokerage account with Public Investing, which holds US-listed stocks and ETFs. Please review the Risk Disclosures before trading.Treasury Accounts.Investing services in treasury accounts offering 6 month US Treasury Bills on the Public platform are through Jiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA& SIPC. See JSI’s FINRA BrokerCheckand Form CRSfor further information. JSI uses funds from your Treasury Account to purchase T-bills in increments of $100 “par value” (the T-bill’s value at maturity). T-bills are purchased at a discount to the par value and the T-bill’s yield represents the difference in price between the “par value” and the “discount price.” Aggregate funds in your Treasury Account in excess of the T-bill purchases will remain in your Treasury Account as cash. The value of T-bills fluctuate and investors may receive more or less than their original investments if sold prior to maturity. T-bills are subject to price change and availability - yield is subject to change. Past performance is not indicative of future performance. Investments in T-bills involve a variety of risks, including credit risk, interest rate risk, and liquidity risk. As a general rule, the price of a T-bills moves inversely to changes in interest rates. Although T-bills are considered safer than many other financial instruments, you could lose all or a part of your investment. See Jiko U.S. Treasuries Risk Disclosuresfor further details.Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value.Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank. JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (“Public”) or any of its subsidiaries. None of these entities provide legal, tax, or accounting advice. You should consult your legal, tax, or financial advisors before making any financial decisions. This material is not intended as a recommendation,

2025-04-20
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Jiko, a technology platform and bank that provides seamless access to U.S. Treasury bills, announced the completion of a $29 million Series C funding round led by existing investors Upfront Ventures, with the participation from Airbus Ventures, Red River West, Radicle Impact, and other undisclosed investors. This latest funding round strengthens the company’s operating capital as it continues establishing itself as a major player in the institutional and enterprise market.Jiko’s platform enables clients to open and manage digital corporate pockets of cash in real-time. Jiko’s foundational innovation, Jiko Pockets, enables clients to conveniently purchase and sell T-bills programmatically, 24/7, offering a safer alternative to traditional investment vehicles like leveraged bank deposits and money market funds. And Jiko’s uniquely integrated digital trading desk, banking charter, and cloud-based infrastructure have helped clients trade over $10 billion in T-bills.So treasury teams can, for the first time, access, configure, and manage digital pockets of sensitive corporate cash through Jiko’s online corporate dashboard, Jiko’s secure enterprise API, and Jiko’s integrations into a growing list of world-leading Treasury Management platforms.Jiko also plans to add Scott Richland, Chief Investment Officer of the California Institute of Technology, Centerbridge Senior Advisor Steve Shafran, and former Ally Bank Chairperson and CEO Barbara Yastine to its board of directors, pending required regulatory approvals. And each new board member brings seasoned experience from the banking and asset management sectors. These new board members will provide invaluable insight as the company matures and broadens its influence in the corporate treasury space.Jiko also established a dedicated advisory committee to support Jiko’s mission and foster continued innovation in treasury management solutions. And Jean-Luc Robert, former CEO and founder of Kyriba will chair the committee. He will be joined by former Treasury Secretary Lawrence H. Summers, former FDIC Chair Sheila Bair, Meta Chief Strategy Officer David Wehner, and Coinbase’s Head of Institutional Product, Greg Tusar. These seasoned advisors will offer guidance on industry trends, regulatory developments, and best practices, ensuring that Jiko remains squarely at the forefront of digital innovation to deliver unparalleled value and safety to even its most forward-leaning corporate clients.With this funding round and the platform’s demonstrated scale, Jiko plans to expand its presence to meet the growing demand for the safety of T-bills across all sectors. And the company’s commitment to innovation and security has already attracted a growing list of clients who are reaping the benefits of hassle-free T-bill-powered Jiko Pockets.KEY QUOTES:“This funding round is a testament to the trust our investors have in Jiko’s mission. By connecting corporate treasurers directly to the US government’s yield and full faith, we are witnessing an unparalleled unlocking of financial flexibility and control for our globally-operative clients. We love to see our platform help

2025-03-29
User5602

Founded: 2016Products: Jiko Money Storage is available directly via commercial and retail accounts, and embeddable through APIs.Overview: Jiko is a vertically integrated financial institution that offers real-time programmatic access to US Treasury bills (T-bills) – an asset class that it says offers competitive yield and safety, but for which traditional access can be costly and opaque. The solution is pitched as a complement to other money storage options.In addition to T-bill investments being backed by the ‘full faith and credit’ of the US Treasury (which also backstops FDIC and NCUSIF insurance on cash deposits), they are also fully paid for and held in a segregated custody account at BNY Mellon.Jiko blends the payment technology of its national bank with the proprietary trading and ledgering technology of its registered broker-dealer. This enables clients to deploy cash into T-bill maturities of their choosing (currently 1-, 3-, 6- and 12-months) without having to hire traders or use brokerage interfaces. Its flagship Money Storage product is used to deploy cash into T-bills and map out liquidity needs.Jiko became a bank holding company by acquiring Mid-Central National Bank in 2020, a deal that was approved by the Office of the Comptroller of the Currency (OCC) and the Federal Reserve Bank of San Francisco. Jiko’s operations comply with the same regulations as all other US financial institutions, including oversight from the Financial Industry Regulatory Authority (FINRA) and the OCC.Partners: Public, EuphoriaJiko’s mission is to deliver a premier global money-storage platform, providing all customers with risk-free returns on their balances while allowing 24/7 instant payments and transfers.Employees: 62Funding: Series BOwnership: Privately held and venture-backed. A Series B round of funding was announced in October 2022.Elevator pitch: “Jiko is a vertically integrated financial institution which combines the stability of a national bank and registered broker-dealer with modern trading and ledgering technology to offer its clients real-time programmatic access to the yield and safety of T-bills. While preserving on-demand liquidity, cash is invested in the safety of T-bills on behalf of the customer, which are securely held at the biggest custody bank in the country. Jiko’s mission is to deliver a premier global money-storage platform, providing all customers with risk-free returns on their balances while allowing 24/7 instant payments and transfers.”Website: Jiko.ioTMI view: The platform offers a fully integrated means of buying, storing, and spending T-bills as a source of secure and on-demand liquidity.Verdict: A simple means of accessing T-bills and using them as a complementary cash source.

2025-03-31

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