Every Pod in Sequence needs a Beneficiary.
Think of the Beneficiary as the legal owner of the Pod, usually a business entity you’ve registered in Sequence or your personal name.
Why it matters
The Beneficiary determines who the Pod belongs to from a banking and regulatory standpoint.
That’s important because:
If you issue a debit card from the Pod - it’ll be tied to the Beneficiary’s name
If you generate a bank statement - it will show the Beneficiary’s business name and EIN
All activity (deposits, withdrawals, transfers) is legally associated with that entity
This makes accounting, compliance, and audits much cleaner, and keeps each Pod clearly tied to the right business.
Choosing the right Beneficiary
When you create a new Pod, you’ll be asked to select a Beneficiary.
You’ll see a list of businesses you’ve registered in Sequence.
Pick the one that should legally own and report on the funds in this Pod.
If you don’t see your business listed yet, just head to:
Settings → Beneficiaries → + Add a new business
Can I have multiple businesses?
Yes, Sequence supports multiple entities.
Each Beneficiary can have its own Pods, cards, rules, and reporting.
This is especially useful if:
You run multiple LLCs or subsidiaries
You want clean separation between funds
You manage funds for clients or partners
Keep this in mind:
Every Pod is a real checking account, tied to a real business.
The Beneficiary makes that possible, and keeps everything above board.
Next: Giving Your Pod Purpose with Rules
Now that your Pod is set up and assigned, let’s make it do some work.