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Poetryy Finance

Can a neobank built on Mbanq BaaS infrastructure capture the underserved and collegiate athlete NIL market by combining inclusive banking with lifestyle rewards and personalized financial tools?

Founded2021
HQAtlanta, GA 30326 (registered address); also listed as New York, NY (CBInsights)
IndustryFintech / Neobank
The story

Founded in 2021 as a fintech platform targeting underserved communities, Poetryy Finance pivoted to add a distinct collegiate athlete NIL financial services vertical after the NCAA's 2021 rule change allowing student athletes to monetize their name, image, and likeness. The platform launched operationally in October 2023 via Mbanq's BaaS infrastructure, with Evolve Bank & Trust as the FDIC-insured sponsor bank. The NIL angle differentiates Poetryy from generic neobanks, offering account management tools for tracking NIL agreements and financial literacy for college athletes.

Last 12 months
2024-05
Product timeline
2021
Poetryy Finance founded as a fintech platform focused on inclusive banking for underserved communities and student athletes.· pivot
2023
Partnership with Mbanq announced in January 2023; Delon Turner named Chairman of the Board.· banking
2023
Neobank officially launched with Mbanq's BaaS platform and Evolve Bank & Trust as sponsor bank in October 2023.· banking
2023
Secured NIL endorsement deals with collegiate football players Dallas Turner (Alabama) and Kamren Kinchens (Miami), establishing the collegiate athlete NIL financial services vertical.· card
2024
Privacy Policy updated May 20, 2024; separate Student and Alumni account agreements introduced, formalizing the student athlete product segment.· banking
The stack
3 layers disclosed in Poetryy Finance’s embedded-finance stack
Money movement
ACHWire
Banking / BaaS
in the full report
Sponsor bank
in the full report
Accounting gap: minor
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.