Toyota Plans to Launch Digital Bank

Toyota Financial Services is planning the launch of a new digital bank which will be available beyond the dealers they typically have focused on; the bank recently hired a new Chief Information Officer, Vipin Gupta, who was formally with Key Community Bank; Vipin sat down for an interview with American Banker to discuss the changes; the interview covered how it was for him to switch from traditional banking to auto finance and how they plan to offer their digital bank to everyone; they are discussing the timeline for launch now but believe once they get organized it will be quick; the interview also talks about developing APIs, data, automation at factories and more. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.