Give your AI agent a real bank account. Join the waitlist for early access. Powered by Magnolia.
Real crypto-enabled bank accounts through our partner banks. Join the waitlist now.
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By SmokeyHamster 2026-02-1216:521 reply "join waitlist"
Translation, no, AI agents can not create their own bank accounts, but someone's spamming Hacker News to see if there's interest in creating a company to allow that.
With modern banking regulations and security procedures. I'm not even sure how that would be possible. Every bank account I've opened requires me to give them my photo ID and social security number, which AI agents don't have.
Meaning, YOU would have to give them YOUR ID to vouch for your agent, so this just means a human would be opening a bank account...which isn't new.
We're a regulated entity, and this is an industry first. Magnolia (magnolia.financial) currently services all 50 US states and EU, and we're funded by draper, boost, and a bunch of others.
We're a real company :) (with health insurance!)
> With modern banking regulations and security procedures. I'm not even sure how that would be possible. Every bank account I've opened requires me to give them my photo ID and social security number, which AI agents don't have.
It's literally my job to know how it's possible, and to offer that up as a service with generous fees! Appreciate the input tho.
You are correct, KYC rules must be followed, and once you're off the waitlist (which we threw up last minute to make sure this system wasn't abused by an influx of demand) you'll be able to go through typical banking steps you're familiar with. We use persona as our KYC vendor and are highly sensitive about PII exposure.
> human would be opening a bank account...which isn't new.
An agent could open this bank account if you prefer to give it access to your social, passport, etc -- entirely up to the individual's risk profile.
What is new is a whole interface designed for an ai agent with guard rails to ensure it doesn't get itself in trouble by violating obscure BSA laws. Magnolia's job has always been to handle the compliance.
By toomuchtodo 2026-02-1222:071 reply Can an irrevocable trust own the account? An LLC compute container could be the beneficiary with the LLC owned by the trust, potentially.
Trust (funding)->LLC (limited liability for compute operations, authority to orchestrate in meat space)->Trust
(a Montana LLC comes to mind, as beneficiaries can be anonymous, but Wyoming has superior charging order protections)
By arshbot 2026-02-134:33 this is a very interesting workaround. our kyb policies would allow this. someone also brought up using a DAO to register a corporate entity. This could also work
You need to stop materially misrepresenting your product. The Agent does not have a bank account. The customer does, and is integrating an executable to perform activities in the individual account holder's name. I assure you. That is a different beast entirely than what you are describing, and finance is so prone to being misunderstood, you aren't doing anyone any good faith favors. In fact, as a former participant in the sector, you're engaging in the vice of finance people everywhere; equivocation through jargon and telling people what they want to hear to get them on your fee schedule.
By arshbot 2026-02-1219:27 my brother in christ an agent can't even create a moltbook account without human verification calm down
By ahazred8ta 2026-02-1220:56 Perhaps if you clarified the situation where the agent is owned by and controls the finances of an incorporated entity, which can be vouched for by trustees.
By chrismorgan 2026-02-1216:553 reply > 0s Average KYC time
> 0% Approval rate
> 0/7 API uptime
Sometimes I love stupid behaviour that appears when you have JavaScript disabled.
By ranger_danger 2026-02-1217:212 reply Why do you have JavaScript disabled? That would break the vast majority of websites. Plus it's the opposite of private because it greatly narrows down the bucket of possible visitors you might be (since comparatively almost nobody does it), which ruins any attempt to randomize/un-unique your fingerprint.
By chrismorgan 2026-02-132:26 It doesn’t break anywhere near as much as you may imagine. Nothing like “vast majority”. It’s a significant minority of the sort of sites that get posted here, but much smaller still in general.
But why do I do it by default? It makes the web better. Things load faster, memory usage reduces, annoyances don’t load… most of what you miss out on is actually better gone. Privacy and tracking stuff is actually more a convenient benefit than the main purpose, to me.
Similar deal with disabling font selection (Firefox: Settings → Fonts → Advanced… → untick Allow pages to choose their own fonts, instead of your selections above). Rarely it actually breaks things (three times in six years, all last year), and that misbegotten nonsense which is Material Icons makes occasional things ugly if you also block web fonts altogether e.g. in uBlock Origin (by default, Firefox whitelists some icon fonts for this reason—see pref browser.display.use_document_fonts.icon_font_allowlist), but using your own chosen fonts only really does make things better.
Like sibling commenter, I use uMatrix to block this. Also I don’t have it enabled in Private Browsing windows, so they get JS, which I find a handy way of managing it.
By fc417fc802 2026-02-1217:401 reply It makes first party fingerprinting easier, but it pretty much eliminates third party fingerprinting. It also improves the responsiveness of many sites and improves battery life.
I wouldn't recommend completely disabling it though. Use something like uMatrix to selectively filter things.
By ranger_danger 2026-02-134:04 > pretty much eliminates third party fingerprinting
Maybe, but there are still ways to send a fingerprint to a third party, even from the client side. For example you could inject a JA3/JA4/TLS fingerprint into URL paths for resources in the HTML, such as stylesheets or images.
I made the site, and it's unbelievable how shitty it gets when hardware acceleration is off.
I just assumed tech enthusiasts who'd use this would be a more enlightened species
By tab8000 2026-02-1217:17 Good job on making that site run like a dream.
By _--__--__ 2026-02-131:33 Took me a while to realize this wasn't an intentional "they call me 007" joke
> Quick KYC
> Fill out your info and upload an ID.
Wait. Parrots have ID now?
> Get Verified
> Instant identity verification. Most approvals happen in seconds.
How does anyone verify a parrot?
By mathstuf 2026-02-1216:51 I'm sure someone can make a verification parrot too. Why pull yourself up by the bootstraps when you can just strap a rocket engine on your boots instead?
By fc417fc802 2026-02-1217:481 reply They do if you hand them one (seems like a really bad idea though).
By chrisjj 2026-02-1218:58 Photo won't match, though. Oh wait...
By prerok 2026-02-1216:51 Polly wanna cracker?
