Posts by Eliot Buchanan
Message from our CEO
It’s been a busy and difficult few days for the entire banking industry. As many are aware, Silicon Valley Bank was taken into receivership by the Federal Deposit Insurance Corporation (FDIC) on Friday. As news broke we were already on the search for new banking partners. I am happy to report that we secured a…
Read MorePlastiq Welcomes New Leaders to Our Leadership Team!
On the heels of two very exciting announcements for Plastiq, our Series C funding rounds in November 2018, and expanding our presence to Boston with a new engineering office in December 2018, I am now thrilled to welcome not only great talent, but great people, to our growing executive leadership team. Bruno Perreault joins as…
Read MoreBack to Boston!
My co-founder Dan and I are thrilled to announce that after four years in the Bay Area, we are expanding from coast to coast, and opening a new office where it all began – Boston. While Plastiq’s headquarters will remain in San Francisco, where we are hiring nearly 100 roles across all functions, we’re excited…
Read MoreTemporary change impacting select personal VISA credit cards
Starting today, customers may notice one of two temporary changes for select personal VISA credit cards used to pay recipients in the US: For¬†Chase personal VISA credit cards, payments made through Plastiq may be subject to a lower card limit (typically ~20% of your total card limit). Your transaction should otherwise be treated normally with…
Read MoreWhat to do if your credit card points get stolen
We’re all given the advice to take advantage of loyalty programs and credit card rewards to pay for some or all of our vacations. With the summer travel season rapidly approaching many consumers may be looking to do just that. According to The Loyalty Report 2017, consumers have approximately $100 billion in unredeemed loyalty points.…
Read MoreThe Basics of Money Transfer Services
There are times in life when you need money transferred as quickly as possible. In such instances, a money transfer can work well. Depending on the method you use, the recipient can have money in hand within just a few minutes. This can be a source of convenience and comfort for everyone involved. What is…
Read MoreGuide to Business Loans and Funding
No matter your business, you require capital to operate. Whether for payroll, new equipment, inventory or taxes, the need for a steady influx of funds is constant. Many small businesses have about 27 days of buffer cash available for spending. If your company must cover an expense that surpasses your reserve, it may make sense…
Read MoreWhy Managing Cash Flow is Important to Your Business
If there’s only one number you analyze on a regular basis, make it your company’s operating cash flow. This vital financial figure indicates whether your business is healthy and earning sufficient money to operate. Investors and lenders know that businesses experiencing cash flow problems and requiring excessive cash flow loans soon face bankruptcy. That’s why…
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