“The move by Jiko represents an important milestone in the maturity and evolution of fintech companies seeking to expand the reach of their products and services,” Acting Comptroller of the Currency Brian Brooks said in a statement. “It demonstrates the value and attractiveness of banks and in particular the federal banking system.”

https://www.cnbc.com/2020/09/03/start-up-founded-by-ex-goldman-trader-becomes-first-fintech-to-complete-takeover-of-a-national-bank.html