Forge Bancorp is a modern bank that blends traditional community banking with cryptocurrency services, offering 24/7 banking and payments for individuals, private clients, and businesses. Its product suite includes Bitcoin‑collateralized term loans and credit cards, digital asset custody, and tailored business accounts for underbanked sectors such as digital assets. By providing both conventional banking features and crypto‑focused solutions, Forge aims to deliver reliable, flexible financial services across a range of customer needs.
Funding
Funding not disclosed
Founders
Product
Problem
Individuals, private clients, and businesses in underbanked sectors such as cryptocurrency firms often lack access to full-service banking that combines traditional deposit and loan products with crypto‑related services. This gap forces them to use multiple providers, leading to fragmented accounts, limited 24/7 payment capabilities, and higher operational risk.
Solution
Forge provides a unified banking platform that blends community, private client, and business banking with integrated cryptocurrency offerings. Customers can open standard checking, savings, and CD accounts while also accessing Bitcoin‑collateralized term loans and credit cards. The bank delivers 24/7 payment rails and instant dollar‑to‑crypto conversion, enabling seamless transactions for crypto‑focused businesses. Digital asset custody is offered as a qualified nationwide service for Bitcoin, Ethereum, and additional ledgers, with detailed statements for all holdings. Concierge‑level support and dedicated relationship management tailor the experience for high‑net‑worth individuals and specialized enterprises.
Target Audience
Primary customers are high‑net‑worth individuals, private clients, and businesses operating in cryptocurrency or other underbanked industries that require both conventional banking and crypto services.
Features
- Traditional deposit products (checking, savings, CDs) combined with crypto‑compatible account structures
- Bitcoin‑backed term loans with rates starting below 10% APR and penalty‑free early repayment
- Bitcoin‑collateralized credit and debit cards that integrate rewards in digital assets
- 24/7 payment processing and automatic dollar‑to‑crypto conversion for business transactions
- Qualified nationwide digital asset custody covering Bitcoin, Ethereum, and 17 other blockchains, with full transaction reporting
- Private client concierge services offering personalized financial planning and dedicated relationship managers