BankMobile

BankMobile, a division of BM Technologies, Inc. (BMTX), is one of the largest digital banking platforms in the United States, operating on a Banking-as-a-Service (BaaS) model. The company's mission is to provide a compliant, mobile-first banking experience that is simple and affordable. BankMobile primarily partners with higher education institutions to streamline financial aid refund disbursements for students, offering them the option to receive funds into a BankMobile Vibe Checking Account. While BMTX is a technology company and not a bank, its banking services are provided by its FDIC-insured partner bank.