VersaBank Logo

VersaBank

A B2B digital bank offering tech-driven deposit and lending solutions to financial partners.

VBNK | US

Overview

Corporate Details

ISIN(s):
CA92512J1066
LEI:
Country:
United States of America
Address:
140 FULLARTON STREET, LONDON
Sector:
Financial and insurance activities
Industry:
Monetary intermediation

Description

VersaBank is a branchless, cloud-based digital bank, considered one of the world's first fully digital financial institutions. It operates on a business-to-business (B2B) model, providing deposit and lending solutions to financial intermediary partners in Canada and the United States. The bank leverages its proprietary technology to electronically source deposits, consumer and commercial loans, and leases, focusing on underserved market segments. This technology-driven approach is designed for high efficiency and risk mitigation, enabling the company to maintain high net interest margins and a history of minimal loan losses. VersaBank is also an innovator in digital assets, developing blockchain-based financial solutions.

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Insider Transactions

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