Category: Press

Luvleen Sidhu, 34 Co-founder and CEO, BankMobile In the crowded field of financial startups, Luvleen Sidhu has stood out far from the pack since she launched BankMobile, a financial institution used by 1.1 million college students in the U.S. Last year her five-year-old startup become the backbone for T-Mobile’s banking app. BankMobile generated $85 million in revenue in 2019 and became profitable in the second half of the year. It holds $540 million in deposits. Few Silicon Valley–backed banking startups have broken through like this.  Sidhu...

Luvleen Sidhu Co-founder and chief executive officer, BankMobile Luvleen Sidhu co-founded BankMobile with a fully digital customer experience and multiple-partner “bank-as-a-service” distribution model. It has since become one of America’s largest and fastest-growing mobile-first banks. BankMobile’s disruptive business model earned recognition from LendIt Fintech, which named BankMobile the Most Innovative Bank in...

Where Luvleen Sidhu is taking BankMobile now that she’s in charge Luvleen Sidhu, recently named CEO of BankMobile, one of the country’s first digital banks, says she is expanding it from a service for college students to a mobile bank that serves multiple segments. Along the way, she plans to pursue more...

Luvleen Sidhu is co-founder, president and chief strategy officer for BankMobile. Fintechs frequently join forces with financial institutions to strategically scale products and services. These partnerships can create innovation opportunities in traditional finance. In a What’s Going on in Banking study, 53% of C-level executives at midsize banks and credit unions believed fintech partnerships would...

Meet The Female Leaders Of Finance With Tyler Gallagher: “I believe that there are macro trends towards embracing diversity” with Luvleen Sidhu and Tyler Gallagher Tyler GallagherAug 12 · 11 min read I believe that there is a macro trend towards embracing diversity. I also think the #MeToo movement is bringing awareness...

BankMobile looks to stand out in a field of digital banking giants Aaron Elstein Growing up in Reading, Pa., Luvleen Sidhu wasn't interested in banking, even though her father owned the local bank—or, perhaps, because he did. "It was dad's job," she said. Her father, Jay Sidhu, an immigrant from New Delhi, turned around...

Millennial Businesswoman Empowering the Underbanked Through Digital Banking Experience Millennial businesswoman Luvleen Sidhu is the Co-Founder, President and Chief Strategy Officer at BankMobile, America’s largest and fastest growing mobile-first bank. BankMobile empowers low-to-middle- income Americans, the underbanked, and millennials with a digital, effortless and financially empowering banking experience. Luvleen launched BankMobile in January...