Betterment Holdings, Inc. and The Bancorp, Inc. Continue Partnership

| Payments 2/28/2018 10:52 AM

Financial Advisory Industry Disrupter Betterment Renews Contract with Payments Leader, The Bancorp, Inc.

NEW YORK and WILMINGTON, Del. (DATE) – The Bancorp, Inc. (NASDAQ: TBBK) and Betterment Holdings, Inc. (Betterment) recently announced a contract renewal agreement. Betterment is the largest independent online financial advisor helping people to intelligently manage and grow their wealth through smarter technology. The Bancorp Bank has served as the payment processing partner for Betterment since 2013.

We are thrilled to continue working with The Bancorp Bank and know that they echo our mission of delivering a best in class experience for our clients.

Boris Khentov, VP of Operations at Betterment.

“The Bancorp remains committed to providing extraordinary client-focused financial services, and we are very pleased to continue our partnership with Betterment,” said Jeremy Kuiper, The Bancorp EVP, Head of Payment Solutions. “We are dedicated to providing Betterment with the payments platform that enables its cutting-edge, technology driven solutions.

By combining proven investment strategies with technology that drives down costs, Betterment aims to help customers make the most of their money.