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This seems to be the US equivalent to Solarisbank, which operates only in some EU countries. I don't know any specifics, but I have encountered Solaris a few times. For example they are used by TradeRepublic, basically the German Robinhood equivalent, and a handful of Neobank providers. Those Neobanks usually focus onto a specific niche and build their product based on the services offered by Solaris.

I would imagine that Column could provide similar their services to similar companies and make the development of financial products significantly faster.




This is the equivalent to Cross River Bank which is US based, FDIC insured, and built its own core bank system.




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