MVB Bank
Also a provider — view MVB Bank’s profile →“Can a small West Virginia community bank scale as a specialist sponsor bank for higher-risk fintech verticals like gaming and payments?”
HQFairmont, West Virginia, USA
IndustryBank / Sponsor
The story
MVB Bank is a publicly traded (Nasdaq: MVBF) West Virginia community bank that has repositioned itself as a fintech-focused sponsor bank. Alongside traditional retail and commercial banking in West Virginia and Northern Virginia, MVB provides BaaS, acquiring/payment sponsorships, and issuing sponsorships for fintech partners — with a particular niche in higher-risk verticals such as online gaming, evidenced by its Visa High Brand Risk License.
Last 12 months
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Product timeline
0
MVB Financial Corp. (Nasdaq: MVBF) operates MVB Bank as a community bank in West Virginia and Northern Virginia· banking
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Pivoted into Banking-as-a-Service, becoming a sponsor bank for fintechs across payments, card issuing, and online gaming programs· pivot
Regulated entities
2
regulatory licences held by MVB Bank
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
9 layers disclosed in MVB Bank’s embedded-finance stack
Payments / PSP
Money movement
in the full report
Banking / BaaS
in the full report
Card issuing
in the full report
Card network
in the full report
Lending
in the full report
Insurance
in the full report
KYC
in the full report
Sponsor bank
in the full report
Accounting gap: none
20 more providers across 8 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.