BankMobile

BankMobile provides a full range of deposit products to retail customers utilizing smartphone technology and other electronic digital media. Its revenues are largely derived from interchange fees from customer debit card usage, paid for by the merchant.On August 6, 2020, BankMobile merged with Megalith Financial to form BM Technologies. BMTX, a leader in mobile banking technology that provides digital banking platforms with checking and savings accounts, and more.