LeadBank is a Banking-as-a-Service (BaaS) company that owns a federally chartered, FDIC-insured community bank and wraps it in modern, programmable APIs, enabling fintech companies and technology businesses to embed financial services such as payments, deposit accounts, lending, and card issuing into their own products. Unlike traditional BaaS middleware providers, LeadBank is fully vertically integrated — it is the bank itself — giving clients deeper control, stronger compliance infrastructure, and faster product iteration.
“I don't believe there was debanking. I think it's a crock of shit. There's 5,000 banks in the United States.”
Source→“$280M revenue, $31M net income, valued at $1.5B.”