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# Nerve launches first neobank created just for musicians
- URL: https://www.hypebot.com/nerve-launches-first-neobank-created-just-for-musicians/
- Published: 2021-08-19T15:22:05.000Z
- Updated: 2021-08-19T15:26:53.000Z
- Description: Nerve has launched as the first neobank created for musicians. The bank’s mobile app merges user experience and financial tech designed to “help artists build stronger communities and sustainable careers.”. Continue reading [https://www.hypebot.com/hypebot/2021/08/nerve-launches-first-neobank-create
- Author: Bruce Houghton
- Tags: DIY Advice & Tips, Music Business, Music Tech, Startups & Funding, Banks, fintech, #wp, #wp-post, #Import 2026-01-21 09:48

Nerve has launched as the first neobank created for musicians. The bank’s mobile app merges user experience and financial tech designed to “help artists build stronger communities and sustainable careers.”

Forbes **[defines neobanks ](https://www.forbes.com/advisor/banking/what-is-a-neobank/?ref=hypebot.com)**as disruptors and “challenger banks” – fintech (financial technology) firms “that offer apps, software and other technologies to streamline mobile and online banking.”

[Nerve](https://nerve.pro/?ref=hypebot.com) offers tools and services in English and Spanish to help musicians manage their finances and plan for the future.

![](https://nerve.pro/wp-content/uploads/2021/08/Group-56.png)

**Services include:**

- FDIC-insured business debit and savings accounts to help separatebusiness and personal finances
- Artist’s streaming and social follower data with the app
- Private networking to help professional musicians find each other, make payments, and collaborate
- Free instant payments to anyone with a Nerve account
- Access to 55,000 free ATMs perfect for the traveling musician

![](https://nerve.pro/wp-content/uploads/2021/08/Group-55.png)

[Nerve](https://nerve.pro/?ref=hypebot.com) offers its FDIC insured accounts and services via a partnership with [Piermont Bank](https://www.piermontbank.com/?ref=hypebot.com), a women-founded that “blends the best of banking and agile fintechs”.

Nerve was co-founded by **John Waupsh** (CEO) and **Ben Morrison** (CTO), Waupsh is also the founder and CEO of **Preservation Project**, a boutique label dedicated to releasing rare funk and soul.

Nerve’s app will officially launch in the US on September 15th and plans to announce additional features and services for musicians in coming weeks.

**Bruce Houghton* is Founder and Editor of [Hypebot](https://www.hypebot.com/) and [MusicThinkTank](http://www.musicthinktank.com/?ref=hypebot.com) and serves as a Senior Advisor to [Bandsintown](https://www.bandsintown.com/?ref=hypebot.com) which acquired both publications in 2019\. He is the Founder and President of the[ Skyline Artists Agency](https://skylineonline.com/?ref=hypebot.com) and a professor for the [Berklee College Of Music](https://online.berklee.edu/courses/touring-101?ref=hypebot.com).*