Banks tighten onboarding for high-growth startups
Fast-scaling technology firms report longer account reviews and more document requests.
MC
Mei-Lin Chen
August 2, 2026 · 4 Min Read
Founders say opening and maintaining corporate accounts has become slower, with banks asking for detailed explanations of revenue sources and counterparties.
Bank compliance teams describe the change as risk-based rather than sector-wide, applied where transaction patterns are unusual for a company's stated business.
The friction has pushed some startups toward specialist providers.