August 2022

BM Technologies’ Luvleen Sidhu bets on BaaS, bank charter “For those that can combine the charter with the technology, that is the most competitive way to play in the banking-as-a-service space,” said Luvleen Sidhu, BM Technologies’ chair, CEO and founder. This interview has been edited for clarity and brevity.BANKING DIVE: You started BankMobile as a direct-to-consumer bank but eventually pivoted to BaaS. How has the BaaS space changed over the years?LUVLEEN SIDHU: When we did T-Mobile and we were trying to pitch...