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virtual bank

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Retail challenger bank offering innovative deposit and loan products.

Overview

The virtual bank functions as a retail challenger bank, concentrating on deposit and loan products aimed at underbanked individuals and businesses that may not qualify under traditional banking risk criteria. It targets a diverse customer base across various countries and continents, with the intention of offering competitive rates and global accessibility. The bank's mission includes a focus on innovation, product delivery, and customer service. It features a user interface designed for ease of use and provides services intended to improve customer experience. Additionally, the bank offers financial products tailored to meet specific needs, with the goal of promoting financial inclusion and assisting users in reaching their financial objectives.

Key facts

Founded
2020

Business model

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About virtual bank

What does virtual bank do?

The virtual bank functions as a retail challenger bank, concentrating on deposit and loan products aimed at underbanked individuals and businesses that may not qualify under traditional banking risk criteria.

Where is virtual bank headquartered?

virtual bank is headquartered in Washington, DC, United States.

When was virtual bank founded?

virtual bank was founded in 2020.

Which sector is virtual bank in?

virtual bank operates in Digital Banks, part of Financial Technology.

Who are virtual bank's competitors?

Companies similar to virtual bank include QnB Inter Finance, NewCashBank, and Zynlo.