Shutdown
Jan 2026Trevor McKendrick publicly announced that Seis is shutting down and entering a multi-month wind-down process after shifts in immigration patterns reduced demand.
SourceBanking 100% in Spanish for the 44 million US Spanish speakers
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
Seis is a Spanish-first U.S. neobank for Spanish speakers and immigrants, offering deposit accounts, debit/credit cards, transfers, cash advances, and Spanish-language support. It was founded in 2021, is headquartered in Lehi, Utah, and publicly announced a wind-down in January 2026. Public sources conflict on some finance and HQ details, so I prioritized official/company pages where possible.
Primary product
Spanish-language mobile banking app / neobank
Founded
2021
Headquarters
Lehi, Utah, United States
Team size
11-50
Work style
Hybrid
Industry
Banking
Sub-industry
Neobank / fintech
Offices
1557 W Innovation Way, Lehi, UT 84043, United States
3400 Ashton Blvd #410, Lehi, UT 84043, United States
Business model
membership subscriptions
card interchange
credit products
money transfer / remittance fees
cash-advance fees
Funding
People & investors
Leadership
CEO / Co-founder
CTO / Co-founder
Head of Customer Support
Head of Compliance & BSA Officer
Head of Banking Operations
Work & culture
Mission-driven, Spanish-first, and customer-obsessed. Public messaging emphasizes building the best banking experience for Spanish speakers, 24/7 support, fast response times, and a strong 'we want to win' culture focused on solving customer problems.
Work style
Hybrid
Compensation
No public salary bands were found. Public job listings emphasize relocation assistance to Utah and benefits such as fully paid medical, dental, and vision insurance, a 401(k), and parental leave.
Benefits
fully paid medical insurance
fully paid dental insurance
fully paid vision insurance
401(k)
maternity leave
paternity leave
relocation assistance to Utah
Product & market
Pricing
Membership subscription tiers plus card/credit product economics and transfer-related fees
Differentiators
- —100% Spanish-language banking experience
- —passport or ITIN onboarding without an SSN
- —24/7 Spanish-language customer support
- —cash deposits at large retail networks and fee-free ATMs
- —secured and unsecured credit-building products
- —cashback and cash-advance features
Technology
Kotlin
React
React Native
GraphQL
TypeScript
PostgreSQL
dbt
Snowflake
Tableau
Python
Docker
Angular
JavaScript
Java
Swift
Vue.js
Intercom
Zendesk
Talkdesk
Continua
Customers
Spanish-speaking U.S. consumers
immigrants in the U.S.
people without an SSN who can onboard with a passport or ITIN
customers seeking Spanish-language banking
Competitors
MyBambu
MAJORITY
Chime
Monzo
Revolut
Remitly
Capi
Alterna Card Services
Scale & contact
Estimated revenue
$10M-$20M
Estimated monthly visits
70.5K
Signals & risks
Latest news
Wise · Mar 2026
Explains the shutdown timeline and customer impact, including account closure milestones and post-shutdown access to records.
LinkedIn · Jan 2026
Official shutdown announcement from CEO/co-founder Trevor McKendrick. He said Seis is winding down over a few months and attributed the decision to lower demand tied to changing immigration patterns.
The Bank Slate · Jan 2026
Reports Seis’s planned shutdown and summarizes Trevor McKendrick / Joshua Howland’s explanation that shifts in immigration patterns reduced demand. Also notes the company’s history of serving 500k+ accounts and reaching $10M revenue within 16 months.
Fintech Global · Oct 2023
Covers Seis’s partnership with Flagright to strengthen AML/compliance and fraud-prevention capabilities.
Jobs and careers at Seis
0 jobs at Seis
No open positions
Check back later for new openings