The Bancorp

Founded in 1999 The Bancorp is a financial holding company headquartered in Wilmington, Delaware, operating through its subsidiary, The Bancorp Bank, National Association, which is headquartered in Sioux Falls, South Dakota. The company is a payment services provider and specialized lender dedicated to serving the unique needs of non-bank financial... service companies ranging from entrepreneurial startups to Fortune companies. The Bancorp was one of the first banks to embrace the fintech industry and has established itself as a leading fintech bank and provider of specialized financial solutions. The company operates through three main business segments: Fintech Solutions, Institutional Banking, and Commercial Lending. Its payment solutions include prepaid and debit card issuing services, automated clearing house bill and payment services, card and bill payment processing, and clearing and settlement services. The Bancorp has been repeatedly recognized in the payments industry as the Top Issuer of Prepaid Cards in the United States, a top merchant sponsor bank, and a top ACH originator. The company provides a comprehensive range of lending solutions including securities-backed lines of credit, insurance policy cash value-backed lines of credit, investor advisor financing, commercial real estate bridge loans, small business administration loans, and consumer fintech loans comprising short-term extensions of credit such as secured credit card loans, fixed term loans, and payroll advances. The Bancorp also offers lease financing for commercial and government vehicle fleets through one of the few bank-owned commercial vehicle leasing groups in the nation. The company provides traditional banking services including checking, savings, money market, and commercial deposit accounts. The Bancorp is a publicly traded company that transforms each client's banking needs into long-term, scalable, technology-enabled products and services, setting a new standard in financial services and payments innovation.Read More