Arrow alternatives
TL;DR: 12 companies doing similar work to Arrow in Fintech, ranked by how closely they match what Arrow actually does — not just by category.
How this list was built: every company here is Y Combinator-backed and shares at least one category with Arrow. They are scored on how closely their own description overlaps with Arrow's, and all facts shown come from the YC company records — nothing is estimated.
What are the best alternatives to Arrow?
| Alternative | What it does | Batch | Team | Status |
|---|---|---|---|---|
| Satchel | — | Summer 2018 | 8 | Inactive |
| Andustry | — | Spring 2026 | 2 | Active |
| Canopy (was Encarte) | Encarte is building 1-click checkout for all online stores. | Winter 2019 | 2 | Active |
| Fintoc | Account-to-Account payments in Mexico and Chile. | Winter 2021 | 60 | Active |
| Hyper | Sell memberships to your Discord server | Summer 2021 | 6 | Acquired |
| Zeal | Modern payroll for modern work | Summer 2019 | 45 | Active |
| Carbon-12 Labs | A Global Payouts API for Startups | Winter 2020 | — | Inactive |
| Nomba | Banking and payments for businesses in Africa | Winter 2017 | 200 | Active |
| Y Combinator | Make something people want. | Unspecified | 100 | Active |
| Transfez | Brex for small businesses in Indonesia | Winter 2022 | 50 | Active |
| Kodo | Corporate card & spend management platform for Indian startups | Winter 2021 | 45 | Active |
| Method Financial | Financial connectivity API for consumer liabilities | Summer 2019 | 50 | Active |
Is Arrow still active?
Arrow is still operating, so switching is a choice rather than a forced migration. Compare on fit and price rather than urgency.
How was this list put together?
Every company here is Y Combinator-backed and shares at least one category with Arrow. They are then ranked on how closely their own description overlaps with Arrow's, so the closest matches come first rather than whoever happens to share a tag.