FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

BankMobile Takes Aim at Investing with Robinhood Deal

Philip RyanbyPhilip Ryan
December 2, 2015
in Banking, Payments
Reading Time: 2 mins read
0
Share on Facebook

© Can Stock Photo Inc. / NickRBankMobile is aiming to help its millennial customers start investing via an upcoming partnership with free stock-trading service Robinhood.

The mobile-first arm of Phoenixville, Pa.-based Customers Bank, BankMobile is just under a year old but has already made its name a byword for innovation and experimentation. The company does a great deal of software development on its own but is also embracing the mantra that banks need to partner to succeed.

Led by the father/daughter team of Jay Sidhu (CEO) and Luvleen Sidhu (chief marketing and strategy officer), BankMobile is trying everything to get millennials to open accounts. It has brand ambassadors on college campuses, street campaigns in the big cities, and offers a full-featured mobile app that includes, perhaps uniquely for mobile-only banks, a credit component.

In August, the bank also launched its own technology company, BankMobile Technologies, in a move reminiscent of CBW Bank and Yantra Financial Technologies.

But another major arrow in the bank’s quiver is partnerships. Customers Bank, BankMobile’s parent, inked a deal with business loan marketplace Biz2Credit for small business loans in October. Last month in Tel Aviv at Bank Innovation Israel, Luvleen Sidhu revealed BankMobile had its own partnership in mind: free stock-trading app Robinhood.

Jay Sidhu praised Robinhood this summer as a company that had “cracked the code” of attracting millennials, which is the trick BankMobile itself hopes to achieve. Robinhood grew rapidly and won the affection of millennials with its commission-free stock trades. Its waiting list grew to 500,000 just a few months after launch.

What partnerships are next for the bank? Luvleen Sidhu has also praised the health insurance service Oscar, and mentioned student loans as a major problem for millennials. Paging Earnest…

Tags: BankMobileBiz2CreditCBW BankCustomers Bankmobile bankingRobinhoodSales & Marketingstartups
Previous Post

How Lending Marketplace hyper-growth is changing Supply Chain Finance

Next Post

Green Dot to Enter Lending Space with Loan Marketplace

Related Posts

agentic
Banking

Glia launches 25 AI agents for customer service

August 12, 2026
Courtesy/Canva
Banking

Northrim Bank taps Narmi for AI-powered digital banking

August 12, 2026
Banking

Kiro Money develops AI financial guidance tool with credit union

August 11, 2026
Next Post

Green Dot to Enter Lending Space with Loan Marketplace

Please login to join discussion

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

FinAi Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

Connect

twitter linkedin podcast podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account