Member Exclusive, New banks

Google to start offering bank accounts in 2021

  • Rumored for months, Google is launching bank accounts in partnership with banks.
  • BBVA, BankMobile, BMO, and Coastal Community are among the first banks announced in the program.
Michael Deleon | August 03, 2020
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Google to start offering bank accounts in 2021

Rumored for months, Google is indeed going to start offering digital bank accounts via Google Pay.

The new bank account: BBVA, BankMobile, Coastal Community Bank, and BMO have all announced this morning that they are collaborating with the search giant on a new checking account product.

 

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Outlier OpinionsMakers

“Google has figured out it’s smarter to partner with a multitude of banks as opposed to just a standalone bank – this affords them the ability to make more money.”

David Donovan

Executive Vice President of Financial Services, Publicis Sapient
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