Overview
Mission Lane is a US credit-card fintech (est. 2018) focused on subprime consumers with limited traditional banking access. Partners with TAB Bank and WebBank for card issuance via Visa.
Recent Developments
- 2026-09-25: OCC granted preliminary conditional approval for Mission Lane Bank, National Association — first new OCC-regulated credit card bank in 20+ years under ceba-credit-card-charter (2026-09-28-mission-lane-occ-charter-approval)
- Conditions: $35M capital within 12 months; 11% tier 1 leverage ratio for first three years
- Plan: transition to sole issuer over three years, ending partner-bank reliance