It's been rare for a fintech to win regulatory approval to become a bank, with none receiving approval under President Joe Biden and only a few successfully obtaining charters before that.

The firm's research found there is pent up demand, though political uncertainty complicates that outlook.

Mercury said it simply outgrew the relationship. Evolve said it's kicking high-risk end users out of its program and as a consequence some fintechs are going elsewhere.

Finwise Bancorp believes a new plan to hold more of the fintech loans it originates on its balance sheet will boost profits in 2025.

The latest development in the Synapse saga provides a few new clues but leaves many questions unanswered about missing customer funds.

Through its collaboration with Ozone API, Bespin Global's U.S. branch will offer its bank clients an "end-to-end" open banking solution.

The marijuana fintech's stock price has fallen in recent months amid regulatory uncertainty for cannabis financial services.

The Coalition for Financial Ecosystem Standards, a fintech group co-founded by Sima Gandhi, is publishing guidelines for how banks and others can assess them.

CEO George Gresham has left the struggling fintech, which will now explore potential strategic alternatives.

Gesa Credit Union publicly rolled out ValorFI Heroes, which generates charity donations through everyday debit card transactions.