Signature Bank would start providing financial services to fintech firm in the Island nation of Bermuda. Speaking on the occasion, David Burt, the Premier of Bermuda, who spearheads the Government’s fintech efforts, said:

“Signature Bank’s willingness to consider Bermuda-licensed businesses for banking services is a significant vote of confidence in and endorsement of Bermuda’s efforts to create a leading high standard regulatory regime for fintech business.”