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    "headline": "Sagehaven Bancorp Selects Nymbus Platform for Pittsburgh Digital Bank",
    "dek": "Proposed digital bank Sagehaven Bancorp selects Nymbus as its technology foundation for a national charter application.",
    "prose": "Sagehaven Bancorp (in formation), a Pittsburgh-based startup bank, announced that it has selected Nymbus to serve as the technology foundation for its new proposed digital-centric national bank. [^1]\n\nRevolut received conditional approval from the US Office of the Comptroller of the Currency (OCC) to obtain a federal banking license in the United States. [^2] Sagehaven anticipates beginning banking operations in April 2027 following a regulatory review period and capital raising efforts. [^3] Sagehaven filed its application for a national charter with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) in July 2026. [^4]\n\nThe proposed bank is headquartered in Pittsburgh's Strip District and intends to serve small-to-mid market companies and mid-to-high-net-worth consumers. [^5] Once authorized, Revolut will offer US customers loans, credit cards, and FDIC-insured deposits, as well as access to stablecoins and cryptocurrencies. [^6] Revolut plans to launch its US banking entity in 2027 after obtaining all necessary authorizations. [^7]\n\nRevolut stated in a company announcement that it is currently processing remaining requests and authorizations with the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve. [^8]",
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