Former Gemini CTO launches Fierce, a high-yield finance super app

Managing your finances can be difficult, especially if you want to try something new like investing or even taking out a mortgage for the first time.

Now meet Fierce, a new company out to change that. It’s developing a finance super app that is bringing together what founder and CEO Robert Cornish calls “the best of fintech for the customer.”

“Five years ago, you couldn’t really do this,” Cornish told TechCrunch. “You would have had to build everything yourself. That’s why you see a lot of platforms starting out with one thing and then trying to be a super app. We built Fierce to bring in these products, make them really easy for customers to utilize and then leverage the power of them being all in one place.”

Fierce’s offerings include the Fierce Cash account, an FDIC-insured checking account with an annual percentage yield rate of up to 4.25%, and a debit card with access to over 55,000 fee-free ATMs. The app is currently available for iOS and will be launching on Android later this year.

There are no monthly fees or restrictions and the company also offers 24/7 support, educational resources, market insights, analysis and ability to link other existing financial accounts within the app.

There is also stock trading where users can purchase fractional shares and ETFs. Users also have an option to profit from their existing stock holdings through a Fully Paid Securities Lending program where they earn income by lending their stocks.

Fierce pulls in revenue from the investing side and also on the assets under management, Cornish said.