Introducing Wave Money

Back in June, Canadian accounting company Wave introduced Wave Money, a business bank account with instant access to money, and no banking fees. The product is currently in limited release and only available to US, single-owner businesses.

Features include categorized expenses, business income, and spend managed in one place with built-in bookkeeping so users can enjoy tax-ready records at the end of the year, access to the largest free ATM network in the US, and a fully integrated financial management solution that syncs with Wave Accounting and Payments, giving you instant access to your funds.

Wave, which was acquired last year by H&R Block for $405 million, acts as an all-in-one accounting company attracting over 400k small businesses globally every month. For commercial insurance, it currently works with two US-based distributors, according to Coverager Data.