| Founded | 2019 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Fintech |
| Collapse type | Sudden Collapse |
| Founder | Sheel Mohnot, Jake Gibson |
Nearside
"A $60M small-business neobank that vanished overnight, leaving thousands of customers locked out."
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Nearside, formerly known as Hatch Bank, was a US business neobank targeting small businesses and gig workers, founded in 2019 by Sheel Mohnot and Jake Gibson.
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