Versa Bancorp (NASDAQ/TSX: VBNK) is a U.S.-based, U.S.-regulated bank holding company and global leader in digital banking and digital asset technology.

Our cloud-based, branchless, business-to-business Digital Banking operations (wholly owned VersaBank USA and VersaBank Canada) obtain substantially all of their deposits and conduct the vast majority of its funding activities electronically through financial intermediary partners, providing operating leverage to generate industry leading efficiency and return on common equity. VersaBank’s proven Real-Time Structured Receivable Program (SRP) uses proprietary technology to provide reliable, continuously available, economically attractive funding to point-of-sale financing providers in real- time, significantly reducing the time, cost and risk of conventional alternatives.

Within our wholly owned subsidiary DRT Cyber Inc., Digital Meteor owns unique technology developed in a regulated banking framework that enables the next generation of deposits and payments on the blockchain for use by our own Digital Banking operations, as well as for provision to other banks. Digital Boundary Group (DBG) is a North America leader in the provision of cyber security services to address the rapidly growing volume of cyber threats challenging financial institutions, multi-national corporations and government entities.