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Short Take: Juniper Bank opens online doors

Juniper Bank opened its online doors, offering a credit card, checking accounts and other services. Founded earlier this year, the start-up last month raised $94 million in its second round of funding amid an uncertain market for banking entities without physical presences where customers could withdraw cash. Juniper was founded by First USA co-founder Richard Vague and former WingspanBank.com chief executive Jim Stewart.

Juniper Bank opened its online doors, offering a credit card, checking accounts and other services. Founded earlier this year, the start-up last month raised $94 million in its second round of funding amid an uncertain market for banking entities without physical presences where customers could withdraw cash. Juniper was founded by First USA co-founder Richard Vague and former WingspanBank.com chief executive Jim Stewart.