One.app is a financial technology (fintech) startup that offers a digital banking platform. It is not a bank itself, but it partners with Coastal Community Bank to provide banking services. The company's primary product is a mobile app that allows users to manage their finances, including a debit Mastercard®. The app is designed to serve a broad range of clients, from individuals to small businesses, who are looking for a convenient, cost-effective way to manage their money.

One.app operates in the rapidly growing fintech market, which is characterized by the use of technology to improve and automate the delivery of financial services. The company's business model is based on providing a high-yield savings account with an Annual Percentage Yield (APY) of up to 5.00% on balances up to $250,000 a year, with eligible deposits. This is significantly higher than the average savings account interest rate, making it an attractive option for customers looking to grow their savings.

The company generates revenue through interchange fees, which are fees paid by merchants when customers use their debit Mastercard® for purchases. Additionally, the company offers benefits such as getting paid up to 2 days early with direct deposit, earning 3% cash back at Walmart (up to $50 a year), and the ability to send and receive money instantly. It also provides up to $200 in overdraft protection, which can help customers avoid costly bank fees.

In summary, One.app is a fintech startup that offers a digital banking platform with a high-yield savings account and a range of other benefits. It operates in the fintech market and generates revenue through interchange fees and other services.

Keywords: Fintech, Digital Banking, High-Yield Savings Account, Debit Mastercard®, No Monthly Fees, Mobile App, Interchange Fees, Direct Deposit, Cash Back, Overdraft Protection.