In the New Money Company Metal API, all entities—whether individuals or businesses—are referred to as "companies."
The Metal platform defines three types of companies:
Individual: Represents a single person who can receive payments on the platform.Business: Represents a registered legal entity eligible to receive payments.Managing Business: Represents a legal entity that can manage and control other companies (Individuals or Businesses) on the platform. This is ideal for organizations overseeing multiple contractors, subsidiaries, or accounts.
A company object looks like this:
{
"id": "c_vp0ji8ej",
"name": "Test Company, Inc",
"created_at": "2024-11-01 18:58:23.143246+00",
"updated_at": "2024-11-22 19:28:18.332762+00",
"logo_url": null,
"type": "BUSINESS",
"status": "ACTIVE",
"kyb_status": "SUCCESS",
"legal_business_name": null,
"business_tax_id": null,
"website": "https://newmoneycompany.com",
"phone": null,
"address_id": null,
"invite_image_url": null,
"header_image_url": null,
"square_image_url": null
}