Holdings Secures Investment to Revolutionize Nonprofit Banking

Today, we are thrilled to share some wonderful news with you and the broader nonprofit community. Frame VC, a leading venture capital firm with a passion for supporting bold solutions, has invested in Holdings Financial Technologies. We see this not just as an endorsement of our platform, but as a major win for every mission-driven organization striving to steward resources wisely, deliver on its promises, and grow for the long haul.

This next chapter in our journey isn’t about old-school banking. It’s about building the modern financial homebase nonprofits have always deserved—you know, the one designed for impact, not just bottom lines.

A Platform Built for Nonprofit Realities

At Holdings, we know that nonprofits aren’t just running “another small business.” You’re entrusted with stewarding funds, tracking every penny by grant, and reporting to supporters who genuinely care. You work with tight budgets, complex program requirements, and sometimes more volunteer bookkeepers than paid staff.

Most banks and financial platforms just aren’t built for how grant-funded program work really happens. Trying to segment funds in a single account, juggling paper receipts, and hunting for that one transaction in a tangle of spreadsheets is exhausting.

This is exactly why Holdings exists. We’re not here to add more complexity, but to remove it—using technology that gives every nonprofit, no matter its size, the same kind of financial tools that Fortune 500s rely on, but designed with your needs at the core.

Say Goodbye to “One-Size-Fits-All” Banking

Nonprofit financial management is a world apart from typical business banking. You might have ten segregated budgets, each for a different grant or program, and all flowing into one confusing checking account. It’s enough to make even the most organized leader’s head spin.

Holdings tackles this by offering virtual accounts that let you split out funds for programs, grants, or special projects—no new accounts to open, no spreadsheet wizardry required. You see exactly how much of each fund is left, right in your dashboard, and you can run reports in seconds.

This kind of segmentation is a lifeline if you’re tracking a new federal grant, running a capital campaign, or simply need to make sure that every donor dollar goes where it was promised.

No More Scrambling for Receipts

We’ve seen it time and again—a team wants to move fast on a community project, but can’t get the right volunteer or program lead their own card. Or they do, and suddenly receipts get lost and nobody’s sure which pot of money funded each expense.

Enter Holdings’ virtual and debit cards. You issue them instantly to staff, volunteers, or program leaders, with built-in rules that tie each card to the right grant, program, or spending limit. Every purchase is tagged, tracked, and tied to the right fund at the source.

No more surprise overages from frantic grant reporting. No more “who bought this?” confusion weeks later.

Expense Management, Without the Headache

Let’s face it: Expense tracking and approvals can steal precious hours from your week, especially if you don’t have a big finance team. Holdings’ built-in expense management flows are made for everyone—from one-woman shows to large teams managing field staff.

Submit expenses with a snap of a photo, route approvals to the right person, and sync everything for simple reporting. Even if receipts come from the other side of the state (or the world), you’ve got it covered.

And if your org has migrated to sophisticated software like Sage Intacct or QuickBooks, Holdings doesn’t make you choose. We integrate and sync smoothly, giving you effortless expense control that fits seamlessly into your workflow.

Banking with Actual Returns—Not Just Safe Keeping

Nonprofits work hard to raise every dollar, and you shouldn’t have to watch your cash just sit idle. Holdings gives you a competitive 2% return on all balances—a simple way to make your funds work a little harder while they wait to be deployed. It’s bank-level safety, with returns that help you support (and stretch) every gift or grant.

Best of all, there are no convoluted balance requirements, and no hoops to jump through. Every nonprofit gets the same benefits, whether you’re keeping funds for a rainy day or waiting on project costs to come in.

Your Security Is Our Promise

Security is non-negotiable when it comes to nonprofit banking. Every dollar you steward is on behalf of a mission, and often, a donor’s trust. By partnering with i3 Bank, we ensure all accounts are backed by FDIC insurance. Our approach is deeply focused on maximizing coverage in a way that’s simple for you—and we handle all the complexity behind the scenes.

You can be confident that your nonprofit’s assets are secure, insured, and under protection—without having to split money between a half-dozen banks just to ensure you’re covered. It’s just easy, safe, and transparent.

A Platform Guided by Nonprofit Financial Experts

Holdings was created by people who don’t just know finance—they know the friction points nonprofits face every day. Our co-founders, Jason Garcia and Hayley Thomas, combined years of experience at top financial institutions with a real understanding of the hurdles facing mission-driven organizations.

We’ve built Holdings hand-in-hand with nonprofit leaders. Every feature, from virtual account labels to flexible card permissions, comes from listening to what real orgs told us they need to succeed.

Zero-Fee Banking: The Way It Should Be

Let’s talk costs. Nonprofit budgets are precious, and fees chip away at impact. With Holdings, you get zero monthly fees, no charges for banking basics, and no minimum balance requirements. Send unlimited ACH and wire transfers for free. Issue debit cards with ATM access and mobile wallet integration—again, all at no cost to your organization.

You shouldn’t have to fundraise just to pay your bank’s fees.

Better Expense Controls, Not Bureaucracy

We know paperwork and clunky systems can leave even the best teams frustrated. With Holdings, anyone needing to spend on behalf of your organization—from staff to volunteers—can be empowered without losing oversight.

Set clear spending limits, require approval for bigger expenses, and track it all in real time. Need to make sure that a card is only used for summer camp supplies? Set restrictions in seconds, and know that every purchase is tagged and visible.

If your team hates chasing down receipts or wrestling with manual approvals, consider this your new favorite tool.

Bookkeeping Support, for the Whole Spectrum

Whether your “finance department” is a single heroic staff member, a rotating cast of board members, or a full-time CFO, Holdings meets you where you are. Our optional bookkeeping services help you stay clean, compliant, and ready for audits (whether they’re by the IRS or just your own board).

If you’re behind on reconciliations, we help you catch up. If you’re short-staffed, we act as an extra set of hands, ensuring your books stay sharp and reports are audit-ready every time.

Collaborate with the Systems You Already Love

Some teams live in QuickBooks or Sage Intacct. Others do it all in Google Sheets and their inbox. Holdings is designed to enhance—not replace—the tools you already know.

Our direct integrations allow for seamless data flow, and where integrations can’t reach, our easy export/download features keep your records accessible, shareable, and always under your control.

We never force a migration or push you into “all-in-one” if that’s not your style. Holdings can be your complete solution, or just the missing piece in your toolkit.

Every Nonprofit, Every Stage

We see your diversity. Whether you’re:

— Just launching, with one program director juggling every role
— Grassroots, managing a handful of grants and a small cohort of volunteers
— Growing fast, ready for a CFO’s oversight and advanced workflows

Holdings adapts with you. Use our bookkeeping service when you’re stretched thin. Spin up virtual accounts as new programs launch. Tighten controls as your team expands.

You choose what to use, when, and how.

Segmentation Without Spreadsheets

One of the biggest sources of nonprofit stress is trying to keep restricted and unrestricted funds straight. Holdings’ approach means every dollar is labeled, reported, and separated—no more late nights trying to match transactions to the right grant.

You can generate program-based or grant-based reports in just a few clicks. Auditors love it, and so does your board.

Real-Time Spending Visibility

How much did you spend on food for last month’s community event? Which card was used for art supplies? With Holdings, you don’t have to dig through paper receipts or cross-reference bank statements. Every transaction is tagged to exactly the right place, with real-time visibility for anyone who needs to know.

This means fewer errors, happier program managers, and smoother reporting at grant time.

Less Manual Work, More Mission

We know how precious time is, especially when you’re working with a small staff or a volunteer-driven team. Holdings cuts down on manual entry and duplication, so you can focus your energy where it matters—on programs and people, not paperwork.

By syncing or integrating with your existing systems, we make sure expense control is easy to adopt and even easier to maintain.

Compliance Without the Chaos

Funders watch closely—especially with government grants. Holdings was built with compliance in mind. Transactions can be automatically sorted by grant, program, or funding source. You’ll always be able to show exactly how money was spent, with full documentation ready to go.

If you’ve ever spent weeks piecing together backup for a grant report, Holdings is here to make sure that never happens again.

Flexible for Every Financial Journey

Financial operations aren’t one-size-fits-all. Some nonprofits are building their first chart of accounts; others are managing multi-million dollar budgets across dozens of programs.

Holdings is flexible by design. Use what you need, ignore what you don’t, and scale your toolkit alongside your growth. You can keep your favorite accounting system or let Holdings handle it all—it’s really up to you.

Our philosophy is simple: empower more control and clarity, using tools you already know or are ready to embrace.

Supporting Nonprofits, Today and Tomorrow

Frame VC’s investment is more than just capital—it’s a commitment to the future of mission-driven financial management. It means more innovation, more speed, and more support for the nonprofit community we serve.

This support will help us deploy new features, strengthen our integrations, and continue to listen to nonprofits at every stage of their journey. We’re here for the long haul—improving at every step, alongside you.

The Road Ahead: What’s Next

We’re constantly growing better. In the coming months, Holdings is rolling out even stronger accounting and bookkeeping capabilities—combining nonprofit best practices with automation that saves you hours each month.

Soon, you’ll be able to invoice, bank, approve expenses, and report out in one smooth workflow. And if you’re ready for even more power, integrations with deeper fund accounting are just ahead.

Your Partner in Making Good Work Go Further

Banking shouldn’t be a barrier—it should be an accelerator. At Holdings, we see ourselves as true partners in your mission, supporting the everyday realities of every kind of nonprofit team.

Frame VC’s investment helps us fuel this vision. Our commitment is to bring clarity to your finances, lighten your team’s load, and help stretch every resource as far as it can go.

We hope you’ll join us on this journey—whether you’re looking to streamline today or planning your next phase of growth. The future of nonprofit financial management is brighter than ever, and Holdings is proud to be building it by your side.

If you’d like to learn more about our journey and Frame VC’s partnership, we invite you to reach out—or simply explore how Holdings could make your team’s life easier, one step at a time