Search Results for "T-Mobile"
3 results for "T-Mobile"
Deals 3
BankMobile BaaS Platform to Go Public via SPAC Merger with Megalith
BankMobile Technologies, a subsidiary of Customers Bank, announced a business combination with Megalith Financial Acquisition Corp (MFAC) to bring its digital BaaS platform to the public market. The deal values the enterprise at $140 million. BankMobile serves over 2 million accounts across 722 college campuses and powers digital banking for partners like Google and T-Mobile.
BankMobile Scales White-Label Banking-as-a-Service Including T-Mobile Money
BankMobile, the digital banking division of Customers Bank, expanded its white-label BaaS partner program for fintechs and brands. The program powered T-Mobile Money (launched April 2019) and had a strong pipeline of additional white-label deals. BankMobile targeted 5 million customers over five years by enabling partners to offer branded digital banking products at lower customer acquisition costs.
T-Mobile Money Launches Nationwide Powered by BankMobile BaaS Platform
T-Mobile launched T-Mobile Money, a no-fee mobile checking account, powered by BankMobile's Banking-as-a-Service white-label platform from Customers Bank. The product embeds full banking services into T-Mobile's mobile ecosystem. This represents one of the earliest high-profile BaaS-enabled embedded banking programs from a major non-financial brand.