Investing in OpenReserve: the bank that never closes

The business day used to matter. Businesses were open Monday through Friday, and occasionally on weekends. You went to work, often literally from 9 to 5, and then left for the rest of your day. 

Business was static. It started; it stopped. 

The internet changed that. Amazon transformed your local bookstore from a physical shop with business hours to an always-open global storefront for every imaginable product. Slack, mobile phones, and Zoom transformed the commute and the business day into relics of the past. Stripe turned starting a business and accepting payments from a complex legal process into a simple API. You can now start a business with just a credit card and an internet connection. Consumer fintech products like PayPal made payments feel faster and new investing platforms like Coinbase and Robinhood made it easier for customers to participate in economic growth. 

Through all the positive changes that the internet has brought to business in the last 30 years, banking is more or less the same. Your bank still opens and closes. Money still moves at the speed of ACH and wire transfers. Some of the most essential financial services aren’t available on weekends, despite the global economy moving faster than ever before. Finance is stuck in the past.