Company Information

Get to know Bank of Internet

Originally founded in 1999 as Bank of Internet USA, the company was a pioneer in branchless, online banking. It was one of the first digital banks in the world, aiming to provide banking services with lower overhead and better rates by operating entirely online. In September 2018, the parent company, BofI Holding, Inc., rebranded to Axos Financial, Inc. (NYSE: AXS), and the bank was renamed Axos Bank. The rebranding reflected the company's evolution into a more diverse financial services provider, offering a wider range of products including commercial banking, securities brokerage, and wealth management, all delivered through its proprietary technology platform.

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Bank of Internet

United States

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Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.