Mph.Bank
“Can a Liberty Savings Bank-backed neobank win consumer mindshare by positioning savings-first digital banking as a fee-free, happiness-driven alternative to traditional checking?”
Founded2021
HQUnited States
IndustryFintech / Neobank
The story
Mph.Bank is a consumer neobank operating under the BaaS umbrella of Liberty Savings Bank, F.S.B. It is branded around a 'Save First, Spend Smarter' philosophy, targeting consumers seeking fee-free digital banking with high-yield savings. The product is a white-label experience layered on top of Liberty's regulatory infrastructure, offering Visa debit cards, Zelle, early direct deposit, and HELOC products via phone.
Last 12 months
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Product timeline
2021
Mph.Bank launched as a digital banking product powered by Liberty Savings Bank, F.S.B., offering a fee-free, high-interest checking account.· banking
2021
eSign consent framework established, branded 'mph.bank, Powered by Liberty Savings Bank.'· banking
Regulated entities
1
regulatory licence held by Mph.Bank
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
3 layers disclosed in Mph.Bank’s embedded-finance stack
Banking / BaaS
Liberty Savings Bank, F.S.B. (in-house sponsor)
Lending
in the full report
Sponsor bank
in the full report
Accounting gap: none
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.