Ready to open your business?Get a business account
and incorporate in one go
We'll help you take the first step by seamlessly incorporating¹ your business with our all-in-one mobile banking* platform built for first-time entrepreneurs.
Open your business account*Oxygen is a financial technology company, not a bank. Banking Services provided by The Bancorp Bank, N.A., Member FDIC.
You dream it. We’ll help you grow it.
Discover all of the benefits we provide to support first- time entrepreneurs
Business meets personal
All your finances in a single mobile app
Keep an eye on all your finances while keeping your business expenses separate from your personal spending (Your taxes will thank you).
You’ve earned it
A bank account that makes you money
Hello, quick and easy banking*. Open a business account in minutes and start earning up to 5% cashback² on purchases and 1% Annual Percentage Yield (APY)³ on savings. No minimum deposit.
*Oxygen is a financial technology company, not a bank. Banking Services provided by The Bancorp Bank, N.A., Member FDIC.
Learn more about business banking services.
Time is money
Invoice smarter. Get paid quicker.
Don’t leave money on the table. Go from estimate to hired and paid in a snap with invoicing that offers customization and automated overdue reminders.
Choose how to set up your business
Sole proprietorship
This is a good option when your business is a one- person show. You make all the decisions, and you get all the profits — but you also take on all the risk.
Limited Liability Company (LLC)
This is a good option for lowering your risk when you or a team operate a business. You share profits, but your personal assets are safe if the business has trouble.
1-4 weeks for approval
Corporation
A corporation is a larger business with many owners who elect a board to make decisions. You can buy shares and own a part of the company, and your personal assets remain separate from the business.
1-4 weeks for approval
Not sure what business type to choose?
We'll ask you a few questions about your plans and recommend a business type that might be right for you.
Incorporate your business
Different states have different incorporation fees. Learn more.
Sole Proprietorship
Limited Liability Company (LLC)
S Corporation
C Corporation
At no cost
Often chosen by individual service providers or small-scale local businesses, such as freelancers and local stores.
Good for smaller businesses with a few partners, including consulting, retail, and professional services like law firms.
Common in industries where personal services are provided, such as professional consulting and healthcare.
Used by larger companies, tech startups, those seeking significant outside investments, or planning to go public.
Benefits & things to consider:
You make all decisions
Keep all profits, pay all bills
Simple paperwork
Personally liable
Benefits & things to consider:
Personal protection from business debts
Share profits and decisions
Tax flexibility as pass-through entities
More paperwork (but not too much)
Benefits & things to consider:
Good for small to medium-sized businesses
Get a salary, save on taxes
More paperwork, more rules
Partners are all U.S. citizens
Benefits & things to consider:
Limited liability for business debts
Many owners from any country
More paperwork, more rules
Business pays own taxes
Please consult a CPA or tax advisor to confirm the right business formation for your situation.
Let's make your dream the next success story
Thousands U.S. businesses grow with Oxygen
Don't think that you've arrived and that a gig is below you because every gig teaches you something.
What I do hold myself accountable to is that if I call myself an artist, it's only if I make something, if I do something every day.
We are all working hard but we are all working towards a common goal.
8,500+
Trusted businesses
4.8
App rating among 50,000+ users
750,000+
Accounts opened
40,000
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