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15 Jan

#CNBC’sOnTheMoney

As digital technology erases the boundaries between virtual and brick-and-mortar, traditional banks may be fading into the past. Branchless banking is gaining momentum among millennials which, means customers may no longer need to visit a bank to withdraw money or perform transactions. Father and daughter team, BankMobile Chairman & CEO Jay Sidhu and BankMobile Chief Strategy Officer Luvleen Sidhu discuss their big business bet on mobile banking.

 

Luvleen Sidhu

I am the Chair, CEO & Founder of BM Technologies, Inc. (NYSE: BMTX) f/k/a BankMobile, which is among the largest digital banking platforms in the U.S., providing access to checking and savings accounts, personal loans and credit cards. At the time of BM Technologies’ listing, I was the youngest female Founder and CEO to take a company public. Additionally, I am the Founder of the BankMobile Foundation, a member of YPO, and passionate about mentoring women and empowering entrepreneurs to bring new fintech technologies to market. I am also a health and wellness coach, traveler, and lover of life!

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