The Bancorp Bank, N.A. is a fintech-enabling bank founded in 2000, headquartered in Wilmington, Delaware, with a major fintech hub in Sioux Falls, South Dakota. The bank specialises in providing private-label banking infrastructure and technology solutions to non-bank companies, ranging from startups to Fortune 500 firms. Its core offering is Banking-as-a-Service, which allows companies to embed financial products without obtaining their own bank charter.
The bank operates at significant scale. It is the number-one prepaid card issuer and the sixth-largest debit card issuer in the United States, processing over $1 trillion in total payment volume. Its technical domains span Banking-as-a-Service, fintech solutions, institutional banking, commercial lending, and real estate bridge lending.
With more than 500 employees, The Bancorp emphasises creative problem-solving and deep technical expertise. The bank positions itself at the intersection of traditional financial services and technology, providing the regulated banking rails that power a wide range of fintech innovations.
