Banc of California, a subsidiary of Banc of California Inc. (NYSE: BANC), has introduced Build@Banc, a specialized service aimed at offering tailored banking solutions to seed and early-stage innovative startups. This initiative includes personalized guidance from the Build@Banc team to assist founders in selecting appropriate banking services, along with access to a well-established network of investors and advisors.
“We want companies to start with us, stay with us, and grow with us — from inception to IPO and beyond,” emphasized Sean Lynden, President of the Venture Banking Group at Banc of California. “We are dedicated to being a dependable partner for founders, delivering customized banking solutions to support their company’s growth.”
Located in Los Angeles, Banc of California is renowned for its tech-forward approach, providing entrepreneurs with a range of banking products and services designed to simplify financial management. Alongside traditional deposit accounts and credit options, the bank offers innovative payment processing solutions through Deepstack Technologies, a user-friendly digital banking platform, mobile wallets, virtual cards, and a perks program.
As California’s third-largest bank by assets, Banc of California has been a pivotal player in the innovation economy and venture capital sector since 2005. Through its Venture Banking Group, the bank extends a comprehensive suite of services including venture debt, treasury management, and cash management solutions tailored to entrepreneurs and their investors across the country.
About Banc of California, Inc.
Banc of California, Inc. (NYSE: BANC) is a leading bank holding company with assets exceeding $36 billion. As the parent entity of Banc of California, it serves as one of the nation’s premier relationship-based business banks, catering to small, middle-market, and venture-backed businesses. With over 90 full-service branches across California and operations in Denver, Colorado, and Durham, North Carolina, Banc of California offers an extensive portfolio of loan and deposit products. The bank also provides advanced payment processing solutions through Deepstack Technologies and supports the Community Association Management industry nationwide with its SmartStreet™ platform. Committed to community support, Banc of California engages in initiatives promoting financial literacy, job training, small business assistance, and affordable housing. For more information, visit www.bancofcal.com.