Envelope LinkedIn · Feb 2024
Envelope announced a Protected savings product with 4.55% APY effective 2/15/2024.
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Envelope is a San Francisco fintech that combines envelope-style budgeting with a built-in checking account and debit cards for consumers, especially households that want to manage spending before it happens.
Primary product
Budgeting app with built-in checking account and debit cards
Founded
2022
Headquarters
San Francisco, California, United States
Team size
1-10 employees
Industry
Financial Services
Sub-industry
consumer fintech / budgeting and neobank
Offices
0 jobs at Envelope
Check back later for new openings
Business model
Stage
Seed
Total raised
$500K
Latest round
Seed · Sep 2023
Latest amount
$500K
Sep 2023 · Y Combinator
Investors
Founder-led and family-oriented, with public messaging centered on financial minimalism, the one-card method, and simple tools that stay out of the way.
Pricing
$10/month or $40/year membership; annual fee can be waived with $5,000+ yearly card spend
Differentiators
Technology
Customers
Competitors
Envelope LinkedIn · Feb 2024
Envelope announced a Protected savings product with 4.55% APY effective 2/15/2024.
Envelope Help Center
Help-center announcement for the Protected savings product and its APY update.
Envelope Help Center
Introduced more flexible funding schedules, including weekly, daily, and paycheck-percentage funding.
Envelope Help Center
Introduced early direct deposit, letting users access eligible paychecks up to two days early.
Envelope Help Center
Announced mobile check deposit support.