Breaking Barriers: The Hard Road to a US Banking License for Digital Banks
- Javier Guevara
- Apr 23
- 11 min read
Updated: Apr 24
While digital banks are flourishing globally, entering the US market remains one of the most difficult milestones for fintechs. Regulatory complexity, high costs, long timelines, and shifting charter preferences have all contributed to an uneven playing field. Some players have succeeded through strategic acquisitions or persistence, while others have withdrawn after repeated setbacks.