BankMobile announced the promotion of Co-Founder Luvleen Sidhu to CEO. Jay Sidhu, Chairman and CEO of Customers Bank, will serve as Executive Chairman of BankMobile. Luvleen Sidhu has also helped launch BankMobile Student Refi, a student loan refinancing platform; Paradigm Money, a financial website with insights, tips and tools; BankMobile Labs; and the BankMobile Foundation.

She is also a member of the BankMobile Board of Directors.