Bancorp - About the company
Bancorp is a public company based in Wilmington (United States), founded in 2000 by Betsy Cohen. It operates as a Payment card issuing and processing solutions for businesses. Bancorp has raised an undisclosed amount in funding. The company has 98 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like Thread Bank, FourLeaf and Oklahoma Central.
Company Details
Payment card issuing and processing solutions for businesses. Issues Visa, MasterCard, Discover, and UnionPay cards. Also offers ACH processing solutions. It provides personal banking products and services which include personal checking and savings accounts, health savings accounts, IRAs, money market accounts, and loans and lines of credit; and business banking products and services include business checking and savings accounts, loans, and lines of credit, and money market accounts.
- Website
- thebancorp.com
- Social
- Email ID
- *****@thebancorp.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2000
Location
Wilmington, United States
Stage
Public
Latest Funding Round
Investors
Ranked
1st among 98 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2025
Employee Count
868 as on Jun 30, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Bancorp
Bancorp is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BANCORP, INC. CIN: 1295401 , United States, Active | Jul 19, 1999 | $100M - $500M (As on Dec 31, 2025) | - | - |
BANCORP OF NEW JERSEY, INC. CIN: 1390312 , United States, Active | Dec 21, 1987 | $25M - $100M (As on Mar 12, 2015) | - | - |
The Bancorp, Inc CIN: 23-3016517 , United States, Active | - | 757 (As on Dec 31, 2023) | - | |
BANCORP FINANCIAL, INC. CIN: 204863844 , United States, Active | Dec 31, 1999 | - | 180 (As on Dec 31, 2024) | - |
Bancorp's IPO details
Bancorp got listed on Feb 03, 2004.
Click here to take a look at Bancorp's IPO in detail
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Bancorp's funding and investors
Bancorp has raised funding over 4 rounds. Its first funding round was on Aug 10, 2016. Its latest funding round was a Post IPO round on Aug 29, 2018 for $*****. 1 investor participated in its latest round. Bancorp has 5 institutional investors.
Here is the list of recent funding rounds of Bancorp:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 29, 2018 | 4030334 | Post IPO | 3029873 | 4267160 | 9038638 | 7149725 |
Aug 19, 2018 | 3696060 | Post IPO | 5920467 | 3396368 | 5175553 | 5874595 |
2018 | 8410 | Post IPO | 9608 | 8117 | 5600 |
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Bancorp's founders and board of directors
Founder? Claim ProfileThe founders of Bancorp is Betsy Cohen.
Here are the details of Bancorp's key team members:
- Betsy Cohen: CEO of Bancorp. They are also an angel investor in 4 startups.
View details of Bancorp's Founder profiles and Board Members
Bancorp's employee count trend
Bancorp has 868 employees as of Jun 26. Here is Bancorp's employee count trend over the years:
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Bancorp's Competitors and alternates
Top competitors of Bancorp include Thread Bank, FourLeaf and Oklahoma Central. Here is the list of Top 10 competitors of Bancorp, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Bancorp 2000, Wilmington (United States), Public | Payment card issuing and processing solutions for businesses | - | 70/100 | |
2nd |  Thread Bank 1906, Jonesborough (United States), Series C | Provider of business banking services through digital channels | $100M | 56/100 | |
3rd |  FourLeaf Bethpage (United States), Unfunded | Provider of financial services including lending, deposit accounts, and investment products | - | - | 45/100 |
4th | Oklahoma Central 1941, Tulsa (United States), Unfunded | Provider of financial services for personal and business needs | - | - | 44/100 |
5th | Oklahoma's Credit Union 1954, Oklahoma City (United States), Unfunded | Provider of personal and business banking solutions including loans and mortgages | - | - | 41/100 |
6th | Opus Bank 2010, Irvine (United States), Acquired | Commercial bank | - | - | 38/100 |
7th | Popular Direct 2004, Miami (United States), Unfunded | High-yield online savings and CDs with simple, transparent banking | - | - | 37/100 |
8th | Mountain West FCU 1952, Butte (United States), Unfunded | Provider of financial services including loans and deposit accounts | - | - | 32/100 |
9th | Canyonview CU 1956, Salt Lake City (United States), Unfunded | Provider of personal and business banking services, loans, and financial products | - | - | 30/100 |
10th | MobiusPay 2010, St Petersburg (United States), Unfunded | Provider of payment processing, lending, and online check services | - | - | 26/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Bancorp's competitors? Click here to see the top ones
Bancorp's Investments and acquisitions
Bancorp has made 2 investments in Boardwalk Wealth and SoFi. Bancorp has not made any acquisitions as of now.Reports related to Bancorp
Here is the latest report on Bancorp's sector:
News related to Bancorp
Filter this listMedia has covered Bancorp for a total of 13 events in the last 1 year, 10 of them have been about company updates and 1 about people movement.
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Banks Leverage FinTechs and Embedded Finance for Deposit GrowthPYMNTS.com•Jul 21, 2026•Bancorp, Pathward
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Insider Buying: Bancorp (NASDAQ:TBBK) CFO Acquires $12,100.00 in StockMarketBeat•Feb 11, 2026•Bancorp
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RenaissanceRe Holdings Ltd. $RNR Shares Sold by Intech Investment Management LLCMarketBeat•Nov 17, 2025•Intech, RenaissanceRe, Tyson Foods, Dick's Sporting Goods and 54 others
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Insider Buying: Bancorp (NASDAQ:TBBK) CFO Acquires 1,700 Shares of StockInsiderTrades•Nov 15, 2025•Bancorp
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