US05591L1070 - Common Stock
BM TECHNOLOGIES INC
NYSEARCA:BMTX (4/19/2024, 7:04:01 PM)
1.63
+0.17 (+11.64%)
BM Technologies, Inc. is a technology company that provides banking services through its partner banks. The company is headquartered in Wayne, Pennsylvania and currently employs 275 full-time employees. The company went IPO on 2018-08-28. The firm facilitates deposits and banking services between a customer and its partner bank, Customers Bank. The firm provides high-tech digital banking and disbursement services to consumers and students nationwide through a full service fintech banking platform, accessible to customers anywhere and anytime through digital channels. Its banking platform provides access to checking and savings accounts, personal loans, and financial wellness. Its fintech business model leverages Banking-as-a-Service (BaaS) partners’ and University partners’ existing customer bases to achieve high volume, low-cost customer acquisition in its Higher Education Disbursement, BaaS, and niche Direct to Consumer (D2C) banking businesses.
BM TECHNOLOGIES INC
201 King Of Prussia Road, Suite 650
Wayne PENNSYLVANIA 10017
P: 18773279515
CEO: Luvleen Sidhu
Employees: 275
Website: http://ww1.megalithfinancial.com/
BMTX stock results show that BM Technologies missed analyst estimates for earnings per share and missed on revenue for the fourth quarter of 2023.
Heading into 2022, it looked like there would be several more bank-fintech mergers and acquisitions.
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