MVB Bank and NYDIG Launch First White-Label Bitcoin Banking Platform for Fintechs
On September 7, 2021, MVB Bank announced that its fintech-focused Victor platform partnered with NYDIG to create the first white-label Bitcoin and banking platform designed for fintechs. The platform enables fintech companies to offer white-labeled Bitcoin services—including trading and rewards—alongside traditional banking products through developer-friendly APIs. NYDIG provides the secure, regulated full-stack Bitcoin infrastructure, while Victor handles due diligence, risk assessment, and integrations for onboarding partners.
The solution targets MVB's existing roster of over 50 fintech, payments, and gaming clients, giving them a turnkey path to add Bitcoin capabilities without building their own crypto infrastructure. This positions MVB as an early mover among community banks embracing crypto-enabled BaaS. Financial terms of the partnership were not disclosed.
- Demonstrates growing bank willingness to embed crypto products into BaaS offerings for fintech partners
- Creates a competitive template for other sponsor banks seeking to differentiate through crypto-enabled BaaS