Exclusive: The Inside Story Of Chime, America's Biggest Digital Bank [Forbes]
The Bancorp, Inc. (TBBK)
Last the bancorp, inc. earnings: 4/30 04:05 pm
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Source: Forbes
or decades, it's been a riddle in banking: how do you build a sustainable and profitable business serving low and middle-income consumers? Sixteen years ago, , then chief product officer at , believed he'd discovered the answer—direct deposit of paychecks. Green Dot was selling prepaid debit cards to cash-strapped Americans without traditional bank accounts, and Britt saw that customers who had their paychecks automatically deposited into their Green Dot accounts used the card to pay virtually all their expenses. With each debit card swipe, Green Dot pocketed part of the interchange fees–the 1% to 2% charge merchants pay to accept debit and credit cards. “The people on direct deposit were clearly the whales of the business,” says Britt, 51, the cofounder and CEO of , the nation's largest digital-only bank with $1.5 billion in annualized revenue and seven million customers using its cards for $8 billion a month in transactions. Cody Pickens for Forbes It's taken Chime 12 up-and-
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TBBK
News
- ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against The Bancorp, Inc. and Encourages Investors with Losses to Contact the FirmAccesswire
- IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against The Bancorp, Inc. and Encourages Investors with Losses to Contact the FirmAccesswire
- IMPORTANT SHAREHOLDER ALERT: The Schall Law Firm Announces it is Investigating Claims Against The Bancorp, Inc. and Encourages Investors with Losses to Contact the FirmAccesswire
- IMPORTANT SHAREHOLDER INVESTIGATION: The Schall Law Firm Announces it is Investigating Claims Against The Bancorp, Inc. and Encourages Investors with Losses to Contact the FirmAccesswire
- Lowey Dannenberg, P.C. is Investigating The Bancorp, Inc. (“TBBK” or the “Company”) (NASDAQ:TBBK) for Potential Violations of the Federal Securities Laws and Encourages Investors with more than $50,000 in Losses to Contact the FirmGlobeNewswire
TBBK
Earnings
- 4/25/24 - In-Line
TBBK
Sec Filings
- 5/20/24 - Form 424B3
- 5/17/24 - Form EFFECT
- 5/15/24 - Form 4
- TBBK's page on the SEC website