Envelope LinkedIn · Feb 2024
Envelope announced a Protected savings product with 4.55% APY effective 2/15/2024.
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
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
San Francisco, California, United States
Business model
consumer subscription
card and banking-services revenue
Funding
Stage
Seed
Total raised
$500K
Latest round
Seed · Sep 2023
Latest amount
$500K
Sep 2023 · Y Combinator
People & investors
Work & culture
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.
Product & market
Pricing
$10/month or $40/year membership; annual fee can be waived with $5,000+ yearly card spend
Differentiators
- —Built-in checking account and debit cards inside the budgeting app
- —Digital envelopes tied to real account balances
- —Individual and joint household accounts
- —Early direct deposit up to two days early
- —Up to 50 virtual cards per account
- —Protected savings with interest
- —Fee waiver for active card spenders
Technology
iOS
Android
GraphQL
Stripe
Intercom
Plaid Exchange
Visa debit cards
Pacific West Bank banking services
Customers
individuals
couples
families
households using envelope-style budgeting
U.S. residents 18+ with a Social Security number
Competitors
YNAB
Goodbudget
Monarch Money
EveryDollar
Scale & contact
Latest news
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.
Jobs and careers at Envelope
0 jobs at Envelope
No open positions
Check back later for new openings