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Bankprov Partner

Can a community bank evolve into a full-service sponsor bank and BaaS infrastructure provider for fintechs and digital asset companies?

HQAmesbury, Massachusetts, USA
IndustryBank / Sponsor
The story

BankProv is a Massachusetts-based commercial bank that has repositioned itself as a 'future-ready' bank offering Banking-as-a-Service and technology-first banking solutions to FinTech companies and emerging markets. It has moved beyond traditional community banking to serve as a sponsor bank and BaaS infrastructure provider for fintechs like Capchase, leveraging partners like Modern Treasury for payment operations. BankProv has also ventured into digital asset lending through its partnership with Anchorage Digital, positioning itself at the intersection of traditional banking and crypto-native finance.

Last 12 months
Product timeline
2021
BankProv partnered with Capchase to provide Banking-as-a-Service infrastructure for Capchase Earn, offering white-labeled deposit products with 100% deposit insurance.· banking
2021
BankProv partnered with Anchorage Digital to offer institutional clients access to a USD line of credit backed by Ethereum, entering the digital asset lending space.· lending
Regulated entities
State/Federal Bank Charter
US
BankProv
The stack
Banking / BaaS
BankProv (in-house)
Ledger
Modern Treasury
Lending
USD line of credit backed by Ethereum (institutional, via Anchorage partnership)BaaS-enabled deposit/capital products for fintech partners
Crypto
Anchorage DigitalAnchorage Digital
Accounting gap: none