Increase has launched Twin City Bank with one branch, 16 staff and $99 million in deposits, according to 11:FS co-founder Simon Taylor. The Longview, Washington

Increase has launched Twin City Bank with one branch, 16 staff and $99 million in deposits, according to 11:FS co-founder Simon Taylor. The Longview, Washington bank has $114 million in assets, yet its platform reportedly processes hundreds of billions of dollars a year.