Maxwell State Bank

Baanx Acquires Stake in Major US Fintech Bank

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Time Stamp: September 6, 2021 8:03 AM - Modified On: September 6, 2021 - Published By:
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Baanx Acquires Stake in Major US Fintech Bank Baanx, the fast growing B2B2C “Better than a Banking Platform” specialising in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking access to communities throughout America. Maxwell State Bank is a fintech bank and VISA Principal Member established circa 1943 in Iowa. With total assets of $29,655,000 and deposits of $25,058,000 Maxwell has been FDIC certified since 1943 for insured deposits. Maxwell was acquired by serial

Baanx Acquires Stake in Major US Fintech Bank

Source Node: https://www.acnnewswire.com/press-release/english/69400/
Time Stamp: September 6, 2021 6:04 AM - Modified On: September 6, 2021 - Published By:
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Republished By Plato

LONDON, Sept 6, 2021 - (ACN Newswire) - Baanx, the fast-growing B2B2C "Better than a Banking Platform" specialising in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking access to communities throughout America.Maxwell State Bank is a fintech bank and VISA Principal Member established circa 1943 in Iowa. With total assets of $29,655,000 and deposits of $25,058,000 Maxwell has been FDIC certified since 1943 for insured deposits. Maxwell was acquired by serial fintech entrepreneur Ronald Ingram, founder of