Reserve Trust
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company does
Reserve Trust is a Denver-area (Greenwood Village, Colorado) fintech trust company founded in 2016 as a Colorado-chartered trust company. It described itself as the first fintech trust company with a Federal Reserve master account, letting B2B payment companies and fintechs embed domestic and cross-border payments — moving dollars directly over wire and ACH rails without an intermediate partner bank — with customer funds held in custody accounts backed by its Fed master account. It raised $35.5 million in total, including a $30.5 million Series A led by QED Investors in August 2021. Note: recent sources list the company as still active and independent — it may not belong in a failure museum.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Reserve Trust was founded in Colorado as a chartered trust company, aiming to be a payment and custody partner for B2B payment companies and fintechs.
- Series A
Reserve Trust raised a $30.5 million Series A led by QED Investors, bringing total raised to $35.5 million; Dave Wright became CEO and Dave Cahill COO.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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