Nerve, the banking app originally for music creators, has launched public APIs in its push to service the fast-growing creator economy – allowing companies that serve creators to make instant, low-cost payouts. Platforms and service providers who make payouts, advances, and/or royalty splits can use Nerve’s public API to dramatically reduce transaction fees while also offering instant availability of funds to their customers. Simultaneously, these companies can empower their creators with free digital banking services for their businesses.
Creators make up one of the fastest-growing segments of the global economy, representing over 50 million businesses encompassing musicians, authors, entertainers, filmmakers, makers, podcasters, social media content creators, songwriters, and many more. These individuals and small businesses require secure access to funds and payments, and Nerve provides a free business banking account with a no-paperwork, 1-minute account signup that can now be embedded inside of any app or website. Nerve’s groundbreaking APIs provide both digital business banking accounts for creators, and low-cost, instant payout capabilities to the companies who pay creators.
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Banking App @bankonnerve Expands Coverage From Music To Wider Creator Economy, Releases Public APIs Enabling Embedded Banking For Creator Platforms
“For too long, creators have been underbanked and overcharged. Every creator deserves financial dignity, and we believe that this begins with a business checking account, and collaboration tools that meet their everyday needs. They are businesses and should be afforded those same benefits. Companies that pay creators deserve the best, fastest, and least expensive way to pay those they serve, and our APIs open up win-win options for all in the ecosystem,” says John Waupsh, co-founder of Nerve. “Companies providing distribution, licensing, advances, credit, marketplace, or other services are now able to use Nerve’s APIs to deliver instant, lower-cost payouts to creators.”
Enterprises can easily embed Nerve’s solutions into an existing platform to enhance any creator-focused business with easy-to-use, free business bank accounts and payments.
The new API offering joins Nerve’s customized banking app designed to help creators better manage their business expenses and plan for the future.
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