The Growing Trend of Life Without a Bank Account

It was the fees that finally drove Joel Lawton away from his traditional bank account.

A Dallas area mortgage loan officer, Lawton’s income is entirely commission-based, meaning it can vary greatly from month to month and week to week. He makes a good income—around $50,000 total in most years—but the way that most banks determine their fees and billing schedules never really worked for his personal financial situation.

CARD.com Announces $9 Million in Growth Funding to Expand Mobile Technology Offering and Generate Customer Growth

With over $450 million in deposits to date, CARD.com is a leading online financial services provider for today’s consumer

SANTA MONICA, CA (November 18, 2015) – CARD.com (“CARD”), a leading online financial services provider, announced today it has received a growth capital facility of $9 million from Columbia Pacific Advisors’ Growth Capital strategy and Fenway Summer Ventures. Trusted with over $450 million in deposits to date, this investment will allow CARD to expand its customer base through inventive mobile technology, driving the future of branchless banking.

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