The Bancorp Bank, the wholly-owned banking subsidiary of The Bancorp, Inc. (NASDAQ: TBBK) announced earlier this week it has formed a new partnership with SoFi to provide back-end banking services and become exclusive card issuer of the SoFi Money product. According to the duo, the… Read More
Read more in: Fintech | Tagged bancorp, bancorp bank, partnership, sofi, sofi money
Varo Money has applied for a national bank charter from the Office of the Comptroller of the Currency (OCC) and with the Federal Deposit Insurance Corporation (FDIC) for federal deposit insurance. This is the next step in creating a digital only challenger bank (Varo Bank) that… Read More
Read more in: Fintech, Featured Headlines | Tagged app, bancorp, banking charter, challenger bank, colin walsh, david coulter, fdic, occ, varo bank, varo money, warburg pincus
SolarCity, Nasdaq: SCTY, launched the nation’s first registered public offering of solar bonds today, creating a simple way for individuals across the United States to earn attractive returns on their investments, while also participating in the nation’s transformation to clean energy. SolarCity filed a registration statement with the… Read More
Read more in: General News, Offerings | Tagged bancorp, elon musk, solar power, tanguy serra
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