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In three years as a subsidiary of $3.2 billion-asset MVB Financial, Chartwell Compliance has tripled its headcount and revenues, MVB CEO Larry Mazza said Wednesday, after announcing Chartwell's sale to New York-based Ankura.
MVB Bank more than tripled its deposits in five years by providing accounts to sports betting sites, as well as technology companies that cater to other industries.
MVB Acquires Majority Interest in Trabian Technology, Inc. MVB Financial Corp. ("MVB," "MVB Financial") (Nasdaq: MVBF), the holding company for MVB Bank, Inc. ("MVB Bank"), announced today its acquisition by MVB Bank of a majority interest in Trabian Technology, Inc. ("Trabian"), a leading software development firm serving financial institutions. Founded in 2003, Trabian builds digital products, web and mobile applications for forward-thinking community banks, credit unions, digital banks and Fintechs. In pursuing its mission to create technology to accelerate community finance, Trabian has c...