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Will the funds from a paid invoice go directly into my account?

Will the funds from a paid invoice go directly into my account?

In most cases, yes. This will depend on how the client chooses to pay the invoice you’ve sent them. 

If your client pays your invoice with a Found-to-Found transfer, ACH bank transfer or domestic wire transfer the funds will be received directly in your Found account. 

If you’re receiving a card payment, direct debit, or Cash App Pay payment, you will receive the payment in your Found account 1-2 business days after Stripe initiates a payout. You can view your Stripe balance and payout history from the Invoices tab in your Found app.

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*Found is a financial technology company, not a bank. Banking services are provided by Piermont Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category.

The Found Mastercard Business debit card is issued by Piermont Bank pursuant to a license from Mastercard Inc.

The information on this website is not intended to provide, and should not be relied on, for tax advice.

**Direct deposit funds may be available for use for up to two days before the scheduled payment date. Early availability is not guaranteed.

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