MVB Bank

MVB Bank is a US bank, operating as MVB Bank, Inc., that offers sponsorship for fintech partners alongside commercial banking. The bank is a banking organisation, and the terms for fintech programmes are reviewed separately from ordinary account opening.

Sponsorship services The listed services are issuing sponsorship, acquiring sponsorship and payment sponsorship, together with business accounts. A fintech that wants to launch cards, accept payments or move money can do so under the bank's regulated licence, while the bank supervises the programme.

Business accounts Alongside the partner programmes, the bank serves ordinary businesses and enterprises with commercial accounts. Details of account types, fees and currencies are not published in the data available.

Deposit insurance The bank website states membership in the Federal Deposit Insurance Corporation. The protection applies only to eligible bank deposits, not to every product or investment, and does not cover the risk of a non-bank intermediary in a fintech programme.

Who it suits Published target segments are fintech companies and businesses or enterprises. This describes focus, not a guarantee of approval. The offer suits fintechs that need a US bank sponsor for issuing, acquiring or payments, and the conditions, volumes and onboarding steps need to be discussed with the bank.