Detroit FinTech Bay Announces Flagstar Bank As First Founding Partner
Flagstar Bancorp, Inc. (FBC)
Last flagstar bancorp, inc. earnings: 4/28 06:30 am
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flagstar.com/about-flagstar.html
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Source: PR Newswire
DETROIT, Nov. 14, 2018 /PRNewswire/ -- Detroit FinTech Bay today announced its first founding partner for the North American FinTech hub: Flagstar Bank, a home-grown bank with 100 branches in Michigan and home loan locations across the country. "We are pleased to have Flagstar on board as our first founding partner in Detroit," said Maissan Almaskati, managing partner of the FinTech Consortium. "Flagstar's commitment to fintech, and especially their commitment to Detroit and Michigan, make them a great fit for Detroit FinTech Bay. Their investment in Detroit's fintech ecosystem comes at an important time in their history, as great strides are being made in Flagstar's fintech offerings." As the nation's fifth largest bank mortgage originator, Flagstar has a historical legacy in the fintech mortgage industry. Today, Flagstar is on a path to broaden its presence, both geographically and technologically. Flagstar is expanding its footprint in retail banking with the purchase of 52 Wells F
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