ACCESSWIRE
11 Aug 2022, 06:13 GMT+10
RADNOR, PA / ACCESSWIRE / August 10, 2022 / BM Technologies, Inc. (NYSE American:BMTX) (the 'Company'), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, announced today its participation at the Needham FinTech & Digital Transformation 1x1 Conference, being held on August 17th- 18th, 2022.
Luvleen Sidhu, Chair, CEO, and Founder and Bob Ramsey, CFO of BMTX will be hosting 1x1 meetings during the conference. To receive additional information or to schedule a one-on-one meeting, please contact conferences@needhamco.com or BMTX's investor relations team at BMTXIR@bmtx.com.
About BM Technologies, Inc.
BM Technologies, Inc. (NYSE American:BMTX)-formerly known as BankMobile-is among the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, 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 to financially empower millions of Americans by providing a more affordable, transparent, and consumer-friendly banking experience. 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 expenses 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 750 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 be found at www.bmtx.com.
BMTX has signed a definitive agreement to merge with First Sound Bank, a Seattle, Washington-based business bank. The combined company will be a fintech-based bank focused on serving customers digitally nationwide. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in the second half of 2022.
Contact Information
Investors:
Bob Ramsey, CFA
BM Technologies, Inc.
571-236-8851
rramsey@bmtx.com
Media Inquiries:
Brigit Hennaman
Rubenstein Public Relations, Inc.
212-805-3005
Bhennaman@rubensteinpr.com
SOURCE: BM Technologies
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