Donate

Play Live Radio

Next Up:

0:00

0:00 0:00

Available On Air Stations

88.9 KPLK Sedro-Woolley is off the air due to a power outage. We hope to restore service soon.

Fintech companies are applying to become banks. Here's what it takes to become one

NPR | By Wailin Wong,

Ricky Mulvey

Published September 11, 2026 at 1:46 AM PDT

Bluesky
Threads
Facebook
Email

Many financial technology companies are applying to become banks. The Indicator finds out what it takes to go through this process and what benefits come with a bank charter.