Addressing, Checks and Novo Banks

SoFi Officially Files For A Bank Charter Of Its Own

PYMNTS

JUNE 13, 2017

Which means it really doesn’t come as all that huge a surprise that as of June 6th, SoFi had applied for a new (de novo) bank charter according to the FDIC. Officially SoFi is looking for an industrial loan charter under the name SoFi Bank in Utah. SoFi has confirmed the news.

De Novo Banks

De Novo Banks FDIC Novo Banks Underwriting

Novo Banks on Faster Deposits & Apps to Gain Small Business Market Share

Fintech Labs Insights

AUGUST 30, 2022

Unlike large commercial banks, where it takes a bit of poking around to find small business products, Novo is all business. They have just four main nav items: Business checking. Most prospective customers will hit the “Business checking” button and immediately see a list of core features: Features. Novo Boost.

Small Business

Small Business Novo Banks ACH Checks

Payments Space

SoFi Officially Files For A Bank Charter Of Its Own

Novo Banks on Faster Deposits & Apps to Gain Small Business Market Share

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