Bancorp Bank, The
The Bancorp, Inc. is a prominent financial services provider that specializes in serving nonbank companies by offering innovative banking solutions and customized payment services.
Company facts
- Founded
- 1999
- Headquarters
- United States
- CEO
- James J. McEntee III
About
Founded in 1999 by Betsy Z. Cohen, The Bancorp, Inc. has carved out a unique niche in the financial services sector as a pioneer focusing on non-bank financial service companies. With headquarters in Wilmington, Delaware, and an operational base in Sioux Falls, South Dakota, The Bancorp has steadily evolved into a formidable payment services provider and specialized lender across the United States. For over 20 years, The Bancorp has been providing nonbank companies with the people, processes, and banking technology to meet their individual needs. Its banking solutions are tailored to empower clients ranging from entrepreneurial startups to Fortune 500 companies, enabling them to harness the potential of innovative financial technology. The Bancorp Bank, as its banking arm, has gained national recognition for its expertise in the prepaid card space, consistently earning accolades as the top issuer of prepaid cards and as a premier partner for merchant services and ACH origination.