OpenReserve gains OCC conditional approval for de novo national bank charter

OpenReserve issued a regulatory action on September 3, 2026.

Primary

OpenReserve

Date

September 3, 2026

Sub-sector

Neobank

Demonstrates a credible path to obtaining a banking charter for a fintech-native challenger bank, signaling regulatory openness to new entrants in the neobanking space. Sub-$250M founders pursuing similar licensing could use this as a precedent and timeline reference.

Primary company

OpenReserve

Counterparty

Not disclosed

Amount

Not disclosed

Event date

September 3, 2026

Sub-sector

Neobank

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PYMNTS

Source: pymnts.com