{"id":535160,"date":"2021-09-07T16:18:43","date_gmt":"2021-09-07T20:18:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\/"},"modified":"2021-09-07T16:18:43","modified_gmt":"2021-09-07T20:18:43","slug":"mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\/","title":{"rendered":"MVB Bank, Victor and NYDIG Announce Partnership to Offer Industry\u2019s First White Label Bitcoin and Banking Platform to Fintechs"},"content":{"rendered":"

<\/p>\n

MVB Bank, Victor and NYDIG Announce Partnership to Offer Industry\u2019s First White Label Bitcoin and Banking Platform to Fintechs<\/b><\/p>\n

\nPartnership to Integrate Bitcoin Products into MVB Bank\u2019s Industry-Leading Banking-as-a-Service Offering for Fintechs, Powered by NYDIG\u2019s Secure, Regulated, Full-Stack Bitcoin Platform\n<\/p>\n

FAIRMONT, W.Va. & NEW YORK–(BUSINESS WIRE<\/a>)–
\nMVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (\u201cMVB Financial\u201d) (NASDAQ: MVBF) (collectively \u201cMVB\u201d) and Victor Technologies, Inc. (\u201cVictor\u201d), a wholly-owned subsidiary of MVB Edge Ventures, Inc., today announced a partnership with NYDIG, a leading technology and financial services firm dedicated to Bitcoin, to integrate Bitcoin into MVB\u2019s industry-leading Banking-as-a-Service (BaaS) solutions. This partnership will allow MVB\u2019s Fintech clients to offer Bitcoin-related products \u2013 all powered by NYDIG\u2019s secure, regulated, full-stack platform \u2013 alongside the banking products MVB enables today.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210907005839\/en\/<\/a><\/p>\n

\nMVB Bank currently empowers more than 50 Fintech, Payments and Gaming clients and millions of their clients via its diversified banking and payments solutions.\n<\/p>\n

\n\u201cOn today\u2019s rapidly changing financial frontier, we are proud to partner with a firm like NYDIG,\u201d said Larry F. Mazza, CEO and President, MVB Financial. \u201cNYDIG has a vision to make Bitcoin more accessible. Adding Bitcoin functionality to MVB\u2019s already industry-leading Banking-as-a-Service solutions will propel that vision into reality and help our clients compete.\u201d\n<\/p>\n

\n\u201cMVB created the Victor platform to make it faster and easier to launch and scale Fintech, Gaming, Digital Asset and Payments solutions,\u201d said Matt West, Chief Strategy Officer, MVB Financial, and Executive Chairman, Victor. \u201cWe are thrilled that NYDIG chose to leverage Victor to integrate with MVB and that our developer-friendly APIs accelerated the timeline to launch this exciting program.\u201d\n<\/p>\n

\nFintechs looking to integrate Bitcoin into their offering will now have a turnkey solution capable of delivering both traditional banking products and a range of Bitcoin products such as trading and rewards.\n<\/p>\n

\n\u201cOur partnership with MVB represents an important milestone for Bitcoin,\u201d said Patrick Sells, NYDIG Chief Innovation Officer. \u201cUp to this point, only a select few fintech companies have been able to offer Bitcoin products and services, and it has been difficult to achieve. Now the industry has its first turnkey platform to seamlessly deliver white label banking and Bitcoin products side by side. I can\u2019t wait to see how this partnership will help MVB\u2019s clients \u2013 across fintech, gaming and beyond \u2013 to continue to innovate.\u201d\n<\/p>\n

About MVB Financial Corp.<\/b><\/p>\n

\nMVB Financial Corp. (\u201cMVB Financial\u201d or \u201cMVB\u201d), the innovative financial holding company of MVB Bank, is publicly traded on The Nasdaq Capital Market\u00ae under the ticker \u201cMVBF.\u201d Through its subsidiary, MVB Bank, Inc., (\u201cMVB Bank\u201d) and the bank\u2019s subsidiaries, MVB provides services to individuals and corporate clients in the Mid-Atlantic region, as well as to Fintech, Payment and Gaming clients throughout the United States. For more information about MVB, please visit ir.mvbbanking.com<\/a>.\n<\/p>\n

About Victor<\/b><\/p>\n

\nA wholly-owned subsidiary of MVB Edge Ventures, Victor Technologies, Inc. (\u201cVictor\u201d) makes it faster and easier to launch and scale a broad spectrum of Fintech solutions for the Gaming, Payments, Banking-as-a-Service and Digital Asset sectors. Fintech developers can build solutions to manage and move money in a matter of weeks with developer-friendly APIs. Banks can onboard and manage more programs with Victor\u2019s tailored due diligence, risk assessment and oversight workflow tools. Recognizing the complexity of the Fintech ecosystem, Victor also supports seamless integration with a proven network of value-added technology and service providers. For more information, visit https:\/\/victorfi.com\/<\/a>.\n<\/p>\n

About NYDIG<\/b><\/p>\n

\nNYDIG provides Bitcoin technology and financial services solutions to banks, insurers, corporations and institutions. The firm and its products meet the industry\u2019s highest regulatory, audit, and governance standards. Learn more at nydig.com<\/a>, or connect on LinkedIn<\/a> and Twitter<\/a>.\n<\/p>\n

Forward-looking Statements <\/b><\/p>\n

\nMVB Financial Corp. has made forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended,<\/i> in this Press Release. These forward-looking statements are based on current expectations about the future and subject to risks and uncertainties. Forward-looking statements include, without limitation, information concerning possible or assumed future results of operations of the Company and its subsidiaries, as well as statements regarding MVB\u2019s future plans with regard to its Fintech line of business. When words such as \u201cplans,\u201d \u201cbelieves,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201ccontinues,\u201d \u201cmay\u201d or similar expressions occur in this Press Release, the Company is making forward-looking statements. Note that many factors could affect the future financial results of the Company and its subsidiaries, both individually and collectively, and could cause those results to differ materially from those expressed in the forward-looking statements contained in this Press Release. Those factors include but are not limited to: credit risk; changes in market interest rates; revaluation of equity investments, including MVB\u2019s investments in Fintech companies; inability to further scale up the Fintech line of business; competition; economic downturn or recession; and government regulation and supervision. Additional factors that may cause our actual results to differ materially from those described in our forward-looking statements can be found in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2020, as well as its other filings with the SEC, which are available on the SEC website at www.sec.gov<\/a>. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210907005839\/en\/<\/a><\/span><\/p>\n

MEDIA CONTACTS
\n<\/b>
MVB Bank and Victor:
\n<\/b>
Amy Baker
\n<\/b>
VP, Corporate Communications & Marketing
\n
abaker@mvbbanking.com
\n<\/a>
(844) 682-2265\n<\/p>\n

NYDIG:
\n<\/b>
Conor Shea
\n<\/b>
Edelman
\n
Conor_shea@edelman.com<\/a><\/p>\n

MVB INVESTOR RELATIONS
\n<\/b>
Marcie Lipscomb
\n<\/b>
mlipscomb@mvbbanking.com
\n<\/a>
(844) 682-2265\n<\/p>\n

KEYWORDS:<\/b> West Virginia New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Data Management Banking Technology Professional Services Security Other Technology Software Other Professional Services Networks Mobile\/Wireless Finance<\/p>\n

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MVB Bank, Victor and NYDIG Announce Partnership to Offer Industry\u2019s First White Label Bitcoin and Banking Platform to Fintechs Partnership to Integrate Bitcoin Products into MVB Bank\u2019s Industry-Leading Banking-as-a-Service Offering for Fintechs, Powered by NYDIG\u2019s Secure, Regulated, Full-Stack Bitcoin Platform FAIRMONT, W.Va. & NEW YORK–(BUSINESS WIRE)– MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (\u201cMVB Financial\u201d) (NASDAQ: MVBF) (collectively \u201cMVB\u201d) and Victor Technologies, Inc. (\u201cVictor\u201d), a wholly-owned subsidiary of MVB Edge Ventures, Inc., today announced a partnership with NYDIG, a leading technology and financial services firm dedicated to Bitcoin, to integrate Bitcoin into MVB\u2019s industry-leading Banking-as-a-Service (BaaS) solutions. This partnership will allow MVB\u2019s Fintech clients to offer Bitcoin-related products \u2013 all powered by NYDIG\u2019s secure, regulated, full-stack platform … <\/p>\n

Continue reading “MVB Bank, Victor and NYDIG Announce Partnership to Offer Industry\u2019s First White Label Bitcoin and Banking Platform to Fintechs”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-535160","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMVB Bank, Victor and NYDIG Announce Partnership to Offer Industry\u2019s First White Label Bitcoin and Banking Platform to Fintechs - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MVB Bank, Victor and NYDIG Announce Partnership to Offer Industry\u2019s First White Label Bitcoin and Banking Platform to Fintechs - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MVB Bank, Victor and NYDIG Announce Partnership to Offer Industry\u2019s First White Label Bitcoin and Banking Platform to Fintechs Partnership to Integrate Bitcoin Products into MVB Bank\u2019s Industry-Leading Banking-as-a-Service Offering for Fintechs, Powered by NYDIG\u2019s Secure, Regulated, Full-Stack Bitcoin Platform FAIRMONT, W.Va. & NEW YORK–(BUSINESS WIRE)– MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (\u201cMVB Financial\u201d) (NASDAQ: MVBF) (collectively \u201cMVB\u201d) and Victor Technologies, Inc. (\u201cVictor\u201d), a wholly-owned subsidiary of MVB Edge Ventures, Inc., today announced a partnership with NYDIG, a leading technology and financial services firm dedicated to Bitcoin, to integrate Bitcoin into MVB\u2019s industry-leading Banking-as-a-Service (BaaS) solutions. This partnership will allow MVB\u2019s Fintech clients to offer Bitcoin-related products \u2013 all powered by NYDIG\u2019s secure, regulated, full-stack platform … Continue reading "MVB Bank, Victor and NYDIG Announce Partnership to Offer Industry\u2019s First White Label Bitcoin and Banking Platform to Fintechs"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-07T20:18:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210907005839r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"MVB Bank, Victor and NYDIG Announce Partnership to Offer Industry\u2019s First White Label Bitcoin and Banking Platform to Fintechs\",\"datePublished\":\"2021-09-07T20:18:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\\\/\"},\"wordCount\":1005,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210907005839r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\\\/\",\"name\":\"MVB Bank, Victor and NYDIG Announce Partnership to Offer Industry\u2019s First White Label Bitcoin and Banking Platform to Fintechs - 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(\u201cMVB Financial\u201d) (NASDAQ: MVBF) (collectively \u201cMVB\u201d) and Victor Technologies, Inc. (\u201cVictor\u201d), a wholly-owned subsidiary of MVB Edge Ventures, Inc., today announced a partnership with NYDIG, a leading technology and financial services firm dedicated to Bitcoin, to integrate Bitcoin into MVB\u2019s industry-leading Banking-as-a-Service (BaaS) solutions. This partnership will allow MVB\u2019s Fintech clients to offer Bitcoin-related products \u2013 all powered by NYDIG\u2019s secure, regulated, full-stack platform … Continue reading \"MVB Bank, Victor and NYDIG Announce Partnership to Offer Industry\u2019s First White Label Bitcoin and Banking Platform to Fintechs\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\/","og_site_name":"Market Newsdesk","article_published_time":"2021-09-07T20:18:43+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210907005839r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"MVB Bank, Victor and NYDIG Announce Partnership to Offer Industry\u2019s First White Label Bitcoin and Banking Platform to Fintechs","datePublished":"2021-09-07T20:18:43+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\/"},"wordCount":1005,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210907005839r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/mvb-bank-victor-and-nydig-announce-partnership-to-offer-industrys-first-white-label-bitcoin-and-banking-platform-to-fintechs\/","name":"MVB Bank, Victor and NYDIG Announce Partnership to Offer Industry\u2019s First White Label Bitcoin and Banking Platform to Fintechs - 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