AlgoBank is our plan for a bank where your chequing account is your trading account. Trade right from it. When a trade wins, the money is in your chequing that same second. No withdrawal. No 3-day wait. Tap your card and buy what you want, right now.
Today your money lives in two places. When a trade wins, the profit sits at the broker. To spend it, you withdraw it to your bank and wait days. AlgoBank makes the wait disappear.
At the broker.
Fill in a form.
Money crawls to your bank.
If you still want it.
With AlgoBank the whole line above is two taps. Win. Spend. Your profit never has to travel anywhere.
Here is what a morning could look like with AlgoBank.
Example only, to show how the account works. Trades can lose money too, and a losing trade lowers your chequing balance the same instant. Amounts, prices, and cash back are illustrative. Nothing here is a promise of any result.
There is no broker account to fund and no broker account to empty. You trade from chequing. Profits go back into chequing. Everything you make is spendable the moment you make it.
Open one account on your phone in minutes. It is a chequing account and a trading account at the same time.
See a trade you like? Tap once. The money comes straight out of chequing. No transfer. No wait.
When the trade wins, the profit is in chequing that second. Tap your card and spend it. No withdrawal, ever.
Here is what an AlgoBank account is built to do.
Get paid. Pay bills. Send money to friends. A real everyday account.
Put money away and watch it grow. Interest is paid every day, not once a month.
Stocks, forex, futures, and crypto where the law allows. Straight from chequing. One tap.
When a trade wins, the money is in chequing that second. No withdrawal. No wait. Tap and spend.
Spend, trade, or save, and a little comes back to you. Every time.
One card for the store and the web. Tap to pay. Earn cash back on the spot.
Type what you want in plain words. Get a trading bot. It runs day and night on our own engine.
Send cash to anyone in seconds. Pay a friend. Split a bill. Move money home.
We get every licence before we open. Your money is kept apart from ours.
Most banks charge you. AlgoBank is built to pay you back. Spend, trade, or save, and a little comes back each time.
Every time you tap your card, a small part comes back to you.
Trade fees are lower when the bank is the broker. Part of every fee comes back to you.
Your savings earns every day. The more you keep, the more it pays.
Cash back and interest rates will be set at launch and shown clearly before you sign up. They may change over time.
$25 trillion sits with the brokers and banks in Canada alone. Six big banks hold most of it. It all runs on old, slow tools. AlgoBank aims to win half over time by being faster, cheaper, and kinder to your wallet.
Millions of Canadians already trade from their phone. They want it to be as easy as sending a text.
AlgoBars already turns plain words into bots and links to 200+ brokers. AlgoBank puts that inside a bank.
Six big banks hold most of the $25T. Strong rules. Trusted names. Old tools. Win here, then take the same app to the USA and the world.
$25T is our estimate of the money held with brokers and banks in Canada. 50% is a long-term goal that guides our plan, not a forecast of results, market share, or returns.
A bank that also trades earns in more ways than one. Each stream stacks on the last. Simple software-style economics on top of a bank.
People keep money in the bank. The bank puts it to work safely and keeps a small spread. This is how every bank earns.
Every card tap pays the bank a small fee from the store. We share part of it back as cash back.
A small fee on every trade. With no middle broker, we keep more and charge less.
Move money between dollars and other currencies. A tiny cut on each swap adds up.
Building and running bots uses credits on the AlgoBars engine. More bots, more credits.
Other brokers rent our engine under their own name. Recurring income from day one.
One company runs every step, from the first deposit to the last trade.
Deposits, cards, trades, FX, and bots all flow to us, not just one slice.
We do not bet. We run the table. More people, more taps, more revenue.
We do it in three stages. We get the licences first. Then we open. Then we grow.
We are selling 10% of AlgoBank for $1 billion. A bank must hold real capital before it can open. That is why the number is big. Here is where the money goes.
Planned use of funds. The final split may change based on what the regulators require.
Terms: $1 billion buys 10% of AlgoBank. The slider shows your share of the round, your share of the company, and where the money goes. It is not a promise of any return.
The AlgoBars engine is already built. Three years of work and $2M+ in R&D. Rivals must start from zero.
We already link to 200+ brokers on MetaTrader 4, MetaTrader 5, and cTrader. The bank plugs into all of them.
Bank plus broker in one place is hard to copy. Most banks cannot trade. Most brokers cannot bank.
Cash back makes people spend more here. Spending feeds trading. Trading feeds savings. It all stays in the house.
Bank licences take years and lots of capital. Once we have them, they are very hard for others to get.
Built around enterprise SOC 2 practices from day one, so big partners and regulators can say yes.
A bank must follow strict rules. We think that is a good thing. We get the licence before we open the doors.
We do not open until the regulators say yes. In Canada first. Then each new country.
Customer money is held apart from company money. Always.
Our goal is deposit insurance for eligible accounts, as each country’s rules allow.
We check who you are and where money comes from. It keeps everyone safe.
Every fee and every rate is shown before you sign up. No surprises.
Encryption, audits, and 24/7 monitoring. Designed to enterprise SOC 2 practices.
The people building AlgoBars have spent their careers inside real trading systems. AlgoBank is the next step.
We are adding bank operators, compliance leaders, and risk officers as part of this raise.
10% of AlgoBank for $1 billion. Trade from chequing. Profits land the same second. No withdrawals, ever. Canada first. Then the USA. Then the world.
Important notice. This page is for information only. It is not an offer to sell, or a solicitation of an offer to buy, any security, in any jurisdiction. Any offering will be made only to eligible investors (for example, accredited investors) through definitive offering documents that contain complete information and risk disclosures. “AlgoBank” is a working name for a planned financial institution. It is not a bank today, does not accept deposits, and is not licensed or regulated as a bank, broker, or dealer in any country. Use of the name, and every product described here, is subject to regulatory approval in each jurisdiction, and may change or may not happen. Statements about the market, licensing, products, cash back, interest, timelines, use of funds, and future plans are forward-looking and involve significant risk and uncertainty; actual results may differ materially, and an investment could result in the loss of all capital. The proposed terms (10% for $1 billion) are indicative only and may change; final terms are set solely in the definitive offering documents. The $500 / $2,000 / $1,800 example is illustrative only; trading involves substantial risk of loss and losing trades reduce the chequing balance immediately. Cash back and interest rates are illustrative and not yet set. Deposit insurance is a goal and is not available today. Nothing here is investment, legal, financial, or tax advice; consult your own advisors before making any decision.