2/22/2021 4:44:55 PM FinTech startup Brex applies for bank charter By Sarah Wolter Brex, which makes financial management software for businesses, announced it has filed to open an industrial bank in Utah, according to a...
11/3/2020 2:11:19 PM Fintechs take on banks at their own game By Sarah Wolter The push for bank charters comes as an increasing number of Americans turn to online-only financial services during the coronavirus...
10/30/2020 12:39:43 PM Fintech startup SoFi gets preliminary approval for U.S. bank charter By Carlos Alonso Torras Social Finance Inc has received preliminary, conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) over its...
10/16/2020 12:09:07 PM European fintech giant Revolut is close to applying for a bank charter in California, sources say By Carlos Alonso Torras Even though Revolut’s bank charter will be with California, it will allow the lender to operate widely throughout the U.S. via interstate...
10/13/2020 1:43:43 PM European fintech giant Revolut is close to applying for a bank charter in California, sources say By Sarah Wolter Even though Revolut’s bank charter will be with California, it will allow the lender to operate widely throughout the U.S. via interstate...
9/16/2020 4:28:38 PM Kraken wins bank charter approval By Sarah Wolter Headquartered in Cheyenne, Wyoming, Kraken Financial is the first digital asset company in U.S. history to receive a bank charter...
9/3/2020 5:24:42 PM Start-up co-founded by ex-Goldman trader is first fintech to complete takeover of a national bank By Sarah Wolter The move by Jiko, which bills itself as a new kind of bank, gives it broad access to the highly-regulated U.S. market. Fintech firms have...
4/30/2019 6:22:26 PM Robinhood, looking beyond brokerage, seeks bank charter to expand into deposits, credit cards By FinTech Collective Robinhood has filed an application to open an FDIC-insured online bank through which it would offer customers a higher interest rate on...
12/6/2018 3:31:02 PM KKR leads $100 million investment round in Cross River Bank By FinTech Collective New Jersey based bank-as-a-service platform has raised a $100m financing led by KKR.