Magazine : Archives : 2nd Quarter 2019

An Internet Pioneer Keeps Pace with the Digital Revolution

It’s easy to forget now, nearly 19 years later, that Axos Financial was an early disruptor in the banking industry. Born as Bank of the Internet USA, it opened its doors in 2000, seven years before the introduction of the Apple iPhone. Its only product at the time was a simple checking account. Disruptors don’t always survive the revolution they help start, but Axos has both survived and thrived. The San Diego, California-based direct bank may have been an internet pioneer, but it faced the same imperative to embrace mobile delivery that traditional banks have. It needed to keep pace...