BankMobile Technologies, a subsidiary of Customers Bank, and Megalith Financial Acquisition Corp. agree to combine to bring a digital banking platform to the public market under the new name BM Technologies
BankMobile is one of the largest digital banking platforms in the country with over 2 million accounts BankMobile Management to Lead Combined Company MFAC has Binding Commitments for a $20 Million Private Placement for the Business Combination Transaction Enterprise Value of $140