nonbank
noun
non·bank
ˌnän-ˈbaŋk 
often attributive
: a business that is not an officially established bank but offers many similar services
Examples of nonbank in a Sentence
Recent Examples on the Web
Ten or 20 years ago, people thought of the category narrowly—nonbank middle market direct lending and not much more.
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Andrew Curtis, Forbes, 10 Mar. 2025
Under Biden-era Director Rohit Chopra, the CFPB finalized a rule in November that brought nonbanks offering digital payment apps under its supervision, giving the agency greater authority to oversee companies like Apple, Google, PayPal and Venmo.
—Julia Shapero, The Hill, 26 Feb. 2025
What’s the difference between a bank lender and a nonbank lender?
—Kelsey Neubauer, CNBC, 26 Nov. 2024
Brico, founded by former consultant and fintech product manager Snigdha Kumar, helps fintechs and other nonbank financial players automate the cumbersome state-by-state licensing process and other regulatory requirements.
—Jeff Kauflin, Forbes, 18 Feb. 2025
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Andrew Curtis, Forbes, 10 Mar. 2025
Under Biden-era Director Rohit Chopra, the CFPB finalized a rule in November that brought nonbanks offering digital payment apps under its supervision, giving the agency greater authority to oversee companies like Apple, Google, PayPal and Venmo.
—Julia Shapero, The Hill, 26 Feb. 2025
What’s the difference between a bank lender and a nonbank lender?
—Kelsey Neubauer, CNBC, 26 Nov. 2024
Brico, founded by former consultant and fintech product manager Snigdha Kumar, helps fintechs and other nonbank financial players automate the cumbersome state-by-state licensing process and other regulatory requirements.
—Jeff Kauflin, Forbes, 18 Feb. 2025
See All Example Sentences for nonbank
Cite this Entry
“Nonbank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nonbank. Accessed 21 Mar. 2025.
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