On May 24, digital bank Onyx Private announced the completion of a new round of financing of US$4.1 million, with participation from Village Global, Y Combinator, Global Founders Capital, One Way Ventures, 186 Ventures and Olive Tree Capital. Onyx Private currently cooperates with Piermont Bank to provide digital banking services, providing users with high-yield, fixed-income portfolio products in terms of investment. Its investment services are managed by Helium Advisors, and brokerage accounts are conducted through Pershing, a clearing house owned by Bank of New York Mellon.