The Bancorp, Inc. is a financial holding company, which engages in the provision of private label banking and financial services through the Bank. It operates through the following segments: Specialty Finance, Payments, and Corporate. The Specialty Finance consists of commercial mortgage loan sales, small business administration loans, leasing, and security backed lines of credit and any deposits generated by those business lines. The Payments segment comprises of prepaid cards, card payments, automated clearing house processing, and healthcare accounts. The Corporate segment includes the firm's investment portfolio, corporate overhead and non-allocated expenses. The company was founded by Betzy Z. Cohen on July 20, 1999 and is headquartered in Wilmington, DE.