# Mission Lane

> Mission Lane is a US consumer fintech that markets, underwrites and services Visa credit cards for people establishing or rebuilding credit, alongside rewards cards for customers with good credit. Its cards are currently issued by TAB Bank or WebBank. In September 2026, its proposed credit card bank received preliminary conditional OCC approval.

- **Founded:** 2018
- **Headquarters:** Richmond, United States
- **Founders:** Nigel Morris (Co-founder and board chair, identified in the February 2024 company announcement)
- **Products:** Green Line Visa, Secured Visa, Silver Line Visa, Gold Line Visa, Mission Lane mobile app
- **Notable:** Reported profitability and a portfolio above $2 billion in February 2024., Reported cumulative equity funding above $600 million in February 2024., Passed two million customers by May 2022.

## Products & services

- **Green Line Visa** — Unsecured credit-building card with a typical starting limit of $300-$2,000, monthly reporting to three credit bureaus and automatic credit line reviews; annual fee depends on the offer.
- **Secured Visa** — Credit-building card with no annual fee and a refundable $200-$1,000 deposit equal to the initial credit line.
- **Silver Line Visa** — Good-credit rewards card advertising unlimited 1.5% cash back, no annual fee and starting credit lines up to $3,000.
- **Gold Line Visa** — Good-credit rewards card advertising 3% cash back on gas, travel and dining and 1% elsewhere, no annual fee and starting lines up to $3,000.
- **Mission Lane mobile app** — Account balances, payments, transactions, credit score access, customer support and credit education.
- **Local financial resources through SpringFour** — Resource search for assistance with food, housing, employment, utilities and related needs; available to customers and the public.
- **Mission Money debit program (discontinued)** — Debit card accounts were closed August 31, 2023; separate from the credit card program.

## Achievements

- Reported profitability and a portfolio above $2 billion in February 2024.
- Reported cumulative equity funding above $600 million in February 2024.
- Passed two million customers by May 2022.
- Proposed Mission Lane Bank received preliminary conditional OCC approval on September 25, 2026.

## Latest updates

- **2026-09** — OCC preliminary conditional approval dated September 25 for Mission Lane Bank, N.A. (in organization); FDIC insurance and preopening requirements remain pending on the company status page.
- **2026-09** — KBRA assigned preliminary ratings to the Series 2026-B credit card securitization on September 8; its announcement said 19 series had been issued from the master trust.
- **2026-06** — Consumer Privacy Notice updated June 5.

## Links

- Website: https://www.missionlane.com/
- LinkedIn: https://www.linkedin.com/company/missionlane/
- Twitter/X: https://twitter.com/mission_lane
- Instagram: https://www.instagram.com/missionlane/
- Facebook: https://www.facebook.com/MissionLaneCredit/

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Profile page: https://yespress.io/mission-lane
Published by YesPress — https://yespress.io
Last updated: 2026-10-26