OCC terminates consent order against neobank Quontic after remediation.

Quontic issued a regulatory action on July 16, 2026.

Primary

Quontic

Date

July 16, 2026

Sub-sector

Neobank

Demonstrates regulatory pathway for neobanks to exit enforcement actions; useful precedent for sub-$250M fintechs navigating compliance remediation with banking regulators.

Primary company

Quontic

Counterparty

Not disclosed

Amount

Not disclosed

Event date

July 16, 2026

Sub-sector

Neobank

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

BankingDive

Source: bankingdive.com