Crescent - Earn 4% APY with up to $75m in FDIC insurance

Hello, hello fellow Hunters! 👋 We’re thrilled to announce the launch of Crescent Cash 🌙, the only business account with 4% APY and $75M in FDIC insurance powered by a network of insured banks. At Crescent, our goal is to build a better home for business capital. We do this by... 🔒 Securing your idle cash, up to $75M through our network of insured banks 📈 Earning you 4.00% APY on all your idle cash 🇺🇸 Offering the opportunity to earn even higher returns with U.S. Treasury Bills (4.78%+) We’ve built a powerful new way for high growth companies to take your capital further, backed by the most trusted US-based institutions in finance with bank-grade security to keep your funds safe and accessible. With Crescent, you’ll have a new secret weapon to turn your finance team into a revenue machine — we’ve spent the past year simplifying and streamlining complex processes to take just a few minutes. We’re super excited to launch today with the Product Hunt community and are happy to answer any questions or address any feedback you may have. We would love to hear what you think, so please don’t hesitate to ping me (grant@crescent.app), any members of the team, or us generally at support@crescent.app. Thanks PH community! 🎉💜

Proud to be a part of the team bringing timely products like Crescent Cash to market. Now more than ever, companies are looking for new ways to diversify their treasuries — Crescent is making it easier than ever before. Awesome team. Awesome customers. Couldn't be more excited to continue building. 🌙

Stoked to be a contributor to this talented team that builds out strategic solutions to processes that have been collecting dust for too long. 😮‍💨 Stay tuned — we're just getting started!

Thanks for the great launch and feedback PH community! You made it memorable. ❤️ We promise to return with more game-changing products later this year. Now back to building! 🫡💪

You guys made an amazing product. Congrats on your launch.

Such a vital business tool in a time of institutional breakdown. Congrats on the launch!!!! 🚀

Congrats on the launch! This is the perfect moment for a game changer like this!

What's the minimum account size? Is Crescent only for VC-funded startups, or smaller agencies and freelancers too?

this is so cool!

@jessetrowe congrats on the launch. Especially in those times, this is what we need