OurBanc
Curated by SignalChallenger bank offering mobile services for underserved communities.
Overview
OurBanc is a challenger bank that focuses on providing mobile banking services to communities that have historically faced disenfranchisement, including African American, Hispanic, and Indigenous populations. The platform offers various products, including financial education, security features, AI-driven insights, remote check deposits, and peer-to-peer transfers, with no minimum balance requirements or monthly fees. The company's stated mission is to address systemic barriers within the American financial system, aiming to improve financial health and access to fair lending products for underserved individuals. OurBanc collaborates with established banking institutions to work towards a more transparent and equitable financial environment that caters to the specific needs of its target demographic.
Key facts
- Founded
- 2020
- Headquarters
- Rehoboth, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Banks
Business model
- GTM channel
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- 7 products and services
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Contact
- Primary office
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