MVB Financial, Corp. (NASDAQ: MVBF) (“the company”), (established in 1997), is a commercially oriented bank holding company headquartered in Fairmont, WV, with two primary business segments: CoRe banking and Fintech banking. The company’s CoRe banking is largely traditional commercial and retail lending as well as depository and treasury management services provided through its seven full service branches in WV and northern VA. Through its Fintech banking platform, MVBF offers payment services, Banking-as-a-Service (“BaaS”), and gaming products.
MVB provides banking services to corporate fintechs, emphasizing risk management and compliance. Offerings include consulting, compliance support, and multi-rail payment processing, generating stable, low-cost deposits and recurring fee income. MVBF also holds a diversified portfolio of fintech investments as strategic partnerships and manages its residential mortgage business via a 43% equity stake in…
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