Strategic Insights into Banking & Fintech

STAR Financial in Iowa launching digital banking unit Denova

STAR Financial Group in Fort Wayne, Ind., is planning to launch a digital banking unit to support small businesses and entrepreneurs.

The parent of the $3 billion-asset STAR Bank said that the planned Denova would offer digital checking and savings accounts, bill pay, wire transfers, and concierge-style support through embedded chat and business specialists.

The company has been innovative in the past, working with Alkami Technology and NYDIG to let clients buy, sell, and hold bitcoin directly through the mobile app.

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