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Corporation
MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Accounting & Finance
bankmobile.com

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Founded Year

2015

Stage

Reverse Merger | IPO

Market Cap

0.17B

Stock Price

13.51

Revenue

$0000 

About 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.

BankMobile Headquarter Location

401 Park Ave 10th Floor

New York, New York, 10016,

United States

844-969-2265

Latest BankMobile News

BM Technologies Increases Preliminary Third Quarter and Full Year 2021 Financial Guidance & Provides Corporate Update

Oct 13, 2021

About BM Technologies, Inc. BM Technologies, Inc. (NYSE American: BMTX)—formerly known as BankMobile—is among the largest digital banking platforms in the U.S., providing access to checking and savings accounts, personal loans, credit cards, and financial wellness. It is focused on technology, innovation, easy-to-use products, and education with the mission of being “customer-obsessed” and creating “customers for life.” The BM Technologies (BMTX) digital banking platform employs a multi-partner distribution model, known as “Banking-as-a-Service” (BaaS), that enables the acquisition of customers at higher volumes and substantially lower expense than traditional banks, while providing significant benefits to its customers, partners, and business. BM Technologies (BMTX) currently has approximately two million accounts and provides disbursement services at approximately 735 college and university campuses (covering one out of every three college students in the U.S.). BM Technologies, Inc. (BMTX) is a technology company and is not a bank, which means it provides banking services through its partner bank. More information can also be found at  www.bmtx.com . Note about Non-GAAP Financial Measures A non-GAAP financial measure is a numerical measure of a company’s performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with generally accepted accounting principles, or GAAP. Non-GAAP measures are not in accordance with, nor are they a substitute for, GAAP measures. Other companies may use different non-GAAP measures and presentation of results. In addition to financial results presented in accordance with GAAP, this press release presents core EBITDA, which is a non-GAAP measure. Core EBITDA is determined by taking net income (loss) and adding interest, taxes, depreciation, amortization, loss (gain) on fair value mark of private warrant liabilities, stock-based compensation expenses, and merger or other non-core expenses. The company believes that this non-GAAP measure, viewed in addition to and not in lieu of net loss, provides useful information to investors by providing a more focused measure of operating results. This metric is an integral part of the Company’s internal reporting to evaluate its operations and the performance of senior management. The non-GAAP measure presented herein may not be comparable to similarly titled measures presented by other companies. Forward Looking Statements This release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainty. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Such statements are based on management’s current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Investors are cautioned that there can be no assurance actual results or business conditions will not differ materially from those projected or suggested in such forward-looking statements as a result of various factors. These risks and uncertainties include, but are not limited to, general economic conditions, consumer adoption, technology and competition, the ability to enter into new partnerships, regulatory risks, risks associated with the higher education industry and financing, and the operations and performance of the Company’s partners, including white-label partners, and other factors described in the section entitled “Risk Factors” and in the Company’s periodic filings with the Securities and Exchange Commission (“SEC”). The Company’s SEC filings are available publicly on the SEC website at www.sec.gov . The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by law. Contact Information

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Research containing BankMobile

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CB Insights Intelligence Analysts have mentioned BankMobile in 1 CB Insights research brief, most recently on Nov 14, 2019.

Expert Collections containing BankMobile

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

BankMobile is included in 3 Expert Collections, including Banking.

B

Banking

921 items

C

Conference Exhibitors

5,302 items

F

Fintech

7,165 items

US-based companies

BankMobile Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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BankMobile Rank

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