Fintech Mercury applies for OCC bank charter

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AI Summary

Fintech Mercury applies for an OCC bank charter and appoints a CEO with experience from SoFi, Green Dot, and Goldman Sachs. The OCC has previously approved five crypto firms for a different type of charter.

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Original Content

The company also appointed an alum of SoFi, Green Dot and Goldman Sachs to serve as CEO of the proposed bank. The move comes after the OCC approved five crypto firms for a different type of charter.