March 2022 — Stablegains product and business update

Another month has passed, time for another update! March was mostly about infrastructure improvements and scalability. As Stablegains grows, we want to ensure everyone can continue getting good service, and we made good progress towards that. Here is what else happened:

Same-day ACH deposits went live

The #1 most requested thing of the last few months — allowing same-day ACH deposits — is now live.

ACH deposits initiated at any time — yes, even on weekends — will be added to your balance and begin to earn interest within 24 hours.

We finished Y Combinator

Stablegains has been part of Y Combinator’s W22 batch. Hard to believe it is now over!

At the start of April, we are serving more than 6x the number of customers we had in January. Experiencing the growth has been surreal and challenging, but also incredibly fun!

We are hiring!

We’re building a next generation institution where anyone can reliably save and invest their funds.

If you’re ambitious and have the right set of skills, Stablegains is the best place for you to make a massive impact! Here is a list of open positions.

Coming up in April

Within the product, we’ll continue to improve the ACH experience — raising deposit limits (almost ready!) and dealing with Plaid related issues that some of users are reporting.

Apart from that, we’ll begin to focus on making referrals simpler, clearer and more attractive. Here is how referrals work today, we think that our system is very unique but we can do a better job communicating it. If you’d like to share your ideas, join our Discord community!