Jiko aspires to a world where money can flow seamlessly and safely, 24/7, for everyone.
How we got here
Illuminated by financial crises
Because of what we witnessed in the 2008 financial crisis and its years-long recovery, our team began to imagine a better, safer banking solution. We imagined a pure system where people and businesses could hold their cash in the source of democratic money – US Treasury bills – but utilize it just like any other checking account – to transact safely, 24/7, away from bank failures and bank cut-offs.
First, we built our regulatory stack.
After leaving our jobs on Wall Street to conceive of Jiko, the team spent the early years raising capital, acquiring a national bank charter, and establishing a registered broker-dealer. We assembled an incredibly strong team and started building our own privacy-first, cloud-native technology stack. We achieved our goal to demonstrate that bankable Treasury bills were possible, and that we could operate safely.
Then we built Jiko’s powerful API and apps.
After establishing the regulatory foundation, we got to work creating a unique product suite: direct applications for business and retail, and an API empowering third parties to embed Jiko's bankable-Treasurys experience where our end clients most need access to their cash.