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Anyone who, like me, was wondering about Gusto they say the do not use SVB

https://mobile.twitter.com/GustoHQ/status/163424676119459433...




"Gusto utilizes a redundant system of leading banking partners to facilitate our payroll processing and services to provide peace of mind for the unexpected." was the interesting part to me. I wonder if this is standard practice. It sounds like Rippling did not do this where Gusto did but that may be misleading. Anyone in the industry have insight?


Was surprised to get an email this evening from Gusto saying the same. Not a usual email from your payroller!


Increase.com has also confirmed that their banking partners are insulated from the SVB situation.




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