Licenses and charters

The parent company behind Flex Rent submitted applications to state and federal regulators for an industrial loan charter and deposit insurance.

The OCC conditionally approved the lender's de novo application. Upstart Bank's proposed CEO spoke with American Banker about the review process.

The regulator cited anti-money-laundering deficiencies in its decision, signaling the government is keeping a close eye on the issue even in a broader deregulatory environment. That means fintechs will be recruiting compliance experts from banks.

The company, which has conditional approval for a bank charter, hit a $1 billion valuation with fintech exec backing from firms such as Nubank and Revolut.

The stablecoin issuer has received final approval from the federal agency to open a trust bank division for custody of digital assets.

Sony Bank received conditional approval from the OCC to launch a national trust bank subsidiary called Connectia for making its own dollar-backed stablecoins.

The fintech sponsor bank plans to offer digital asset services.

The wealth management firm received its conditional approval from the OCC as it seeks to manage custody of digital asset investments for its clients.

The fintech's recently installed U.S. CEO said at American Banker's Digital Banking conference that Revolut's goal is to become "the first truly global bank."

The Office of the Comptroller of the Currency has conditionally approved several national trust bank charters for crypto companies. Fabian Dori at Sygnum Bank, which has operated as crypto bank for six years, shares what happens after the charter.

The business banking fintech, which recently received conditional approval for a de novo bank charter, now has a $5.2 billion valuation.

Upon receiving a conditional U.S. charter approval, 25-year-old CEO Ferdinand Dabitz is assembling a team of industry experts to build a new kind of bank.

There's been an onslaught of nonbank financial technology company charter applications and approvals already this year.

The credit startup is seeking a limited-purpose charter from federal regulators through the Competitive Equality in Banking Act's credit card bank carveout.

The stablecoin provider recently applied for a national trust bank charter from the OCC after acquiring a New York trust charter last year.

The fintech rolled out Intelligent Money Movement, a treasury service that combines payments, liquidity management and disbursements as it looks to capitalize on its multiple banking licenses.

The cryptocurrency exchange is the latest digital asset firm to receive a trust bank charter from the Office of the Comptroller of the Currency.

The digital asset company, currently partnered with firms like Morgan Stanley and One Pay, is seeking its own national trust bank charter from the OCC.

If the company gets final approval, it will be the newest crypto firm to receive a charter in recent months.

The Brazil-based fintech got conditional approval from the OCC to bring its digital banking services to U.S. customers.