BM Technologies

BM Technologies, Inc. is a technology company that provides banking services through its partner banks. It offers a mobile banking platform in the U.S. that provides access to checking and savings accounts, personal loans and credit cards. The company's operating model enables partner banks to provide banking services to low and middle-income Americans who have been left behind by the fee model of traditional banks. The company was founded by Luvleen Sidhu in May 2016 and is headquartered in Wayne, PA.

Earnings data Q4 2020

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BM Technologies posts strong Q1 results, eyes Higher Education growth

BM Technologies delivered a robust performance in Q1 2024, marked by revenue growth, positive core EBITDA, and a focus on Higher Education vertical expansion.
The company's strengths lie in technological innovations, growth strategies, and a debt-free financial position, positioning it well for future growth.
While facing challenges related to market uncertainties and competitive pressures, BM Technologies has opportunities to capitalize on the Higher Education sector's potential and drive further revenue growth.

BM Technologies reports Q2 revenue growth and digital transformation success

BM Technologies exhibited solid revenue growth and digital transformation progress in Q2 2024, despite a core EBITDA loss.
The company's emphasis on technology advancements and customer engagement bodes well for future performance and revenue potential.
Navigating challenges like the BaaS partnership expiration presents opportunities for strategic growth initiatives and market expansion.

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BM Technologies, Inc. is a technology company that provides banking services through its partner banks. It offers a mobile banking platform in the U.S. that provides access to checking and savings accounts, personal loans and credit cards. The company's operating model enables partner banks to provide banking services to low and middle-income Americans who have been left behind by the fee model of traditional banks. The company was founded by Luvleen Sidhu in 2016 and is headquartered in Wayne, PA.

The stock price of BM Technologies Inc (NYSEAMERICAN: BMTX) increased by over 15% during intraday trading this morning. This is why it happened.

BM Technologies (BMTX) Stock: Over 15% Increase Explanation

RADNOR, Pa., May 17, 2021 (GLOBE NEWSWIRE) -- BM Technologies Inc. (NYSE American: BMTX) (“BM Technologies,” “BMTX,” “we,” or the “Company”) one of the largest digital banking platforms in the country, today reported record results for first quarter 2021.

BM Technologies Reports Record Q1 2021 Results; Q1 2021 EBITDA of $8.7M, a 10X Increase YOY; Ending Serviced Deposits Exceed $1.5 billion, a 155% Increase YOY

Radnor, PA, May 10, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX, BMTX.W), one of the largest digital banking platforms in the country, will release its Q1 2021 earnings after the market closes on May 17, 2021. The company will host a live webcast to discuss the earnings on May 18, 2021 at 9am ET. Details related to accessing the webcast are forthcoming.

BM Technologies (NYSE: BMTX) to Announce Q1 2021 Earnings and Host Webcast

Leading Digital Banking Platform Offers Robust Money Management Tools, Financial Wellness Services and a Scholarship Program Leading Digital Banking Platform Offers Robust Money Management Tools, Financial Wellness Services and a Scholarship Program

BM Technologies, Inc. (NYSE: BMTX) Marks Financial Literacy Month by Highlighting its Mission to be Financially Empowering

Sidhu to Participate in Panel Around Digital Banking and Infrastructure Sidhu to Participate in Panel Around Digital Banking and Infrastructure

Luvleen Sidhu, Chair, CEO and Founder of BM Technologies, Inc. (NYSE: BMTX), to Speak at LendIt Fintech USA 2021

Banking Platform's Digital Model Reduces Use of Paper Products Banking Platform's Digital Model Reduces Use of Paper Products

BM Technologies, Inc. (NYSE: BMTX) Celebrates Earth Day Every Day by Helping Millions of Customers Go Green

Radnor, PA, April 15, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX, BMTX.W), one of the largest digital banking platforms in the country, announced that Hans Fleming has joined the company as SVP, Director of Business Development and Melanie Mathias has joined as SVP, Director of Marketing. In his role, Fleming will work closely with leadership to drive innovation and partnership development. Mathias will lead the marketing team to deliver strategic initiatives that further expand the organization's presence across the marketplace as well as drive customer engagement.

BM Technologies, Inc. (BMTX) Announces Hans Fleming as SVP, Director of Business Development and Melanie Mathias as SVP, Director of Marketing

Sidhu Also Recognized as One of Banking Northeast's New York Women in Banking Sidhu Also Recognized as One of Banking Northeast's New York Women in Banking

Luvleen Sidhu, Chair, CEO and Founder of BM Technologies (NYSE: BMTX), Included in Innovative Finance's Women in FinTech Powerlist 2020 and Selected as a ‘Standout 35' Star

Radnor, PA, April 07, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX, BMTX.W), one of the largest digital banking platforms in the country, announced it has already disbursed $377 million in government funds to its customers since March 2020. This indicates that customers are viewing their BM Technologies (BMTX) account as their primary bank. The government funds, including stimulus payments and tax refunds, have been made available to customers up to three days early.* Customers are earning interest on these funds in BM Technologies' (BMTX) interest-bearing checking accounts.

BM Technologies (NYSE: BMTX) Disburses $377 Million in Government Funds to its Customers Since March 2020

Award Recognizes BankMobile Disbursements Partner Colleges and Universities that Achieve Campus Efficiency, Security and Student Service Award Recognizes BankMobile Disbursements Partner Colleges and Universities that Achieve Campus Efficiency, Security and Student Service

BM Technologies (NYSE: BMTX) Honors 178 Leading Higher Education Institutions

RADNOR, Pa., March 30, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX, BMTX.W), one of the largest digital banking platforms in the country, announced that Luvleen Sidhu, Chair, CEO and Founder, has been selected as one of Crain's New York Business 2021 Notable Women on Wall Street.

Luvleen Sidhu, Chair, CEO and Founder of BM Technologies (NYSE: BMTX), Selected as one of Crain's New York Business 2021 Notable Women on Wall Street

Using digital disbursement technology, Vendor Pay automates the accounts payable process Using digital disbursement technology, Vendor Pay automates the accounts payable process

BM Technologies (NYSE: BMTX) Partners with PayClearly to Launch Vendor Pay Simplifying Business Management for Colleges and Universities

Radnor, PA, March 17, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX, BMTX.W), one of the largest digital banking platforms in the country, announced that Luvleen Sidhu, Chair, CEO and Founder, will be participating in a fireside chat at Maxim Group's 2021 Emerging Growth Virtual Conference. The chat will take place on March 18, 2021 at 10:30am EDT.

Luvleen Sidhu, Chair, CEO and Founder of BM Technologies (NYSE: BMTX), to Participate in Fireside Chat at Maxim Group's 2021 Emerging Growth Virtual Conference

New Business1 Serviced Deposits Increased 579% YOY

BM Technologies Reports EBITDA Positive Results for Fourth Quarter and Full Year 2020

Radnor, PA, March 10, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX, BMTX.W), one of the largest digital banking platforms in the country, will release its fourth quarter and full year 2020 results after the market closes on March 16, 2021.

BM Technologies (NYSE: BMTX) To Announce Fourth Quarter and Full Year 2020 Results

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