District-based bank-in-the-making Moxy Bank has received conditional approval to operate from the District's Department of Department of Insurance, Securities and Banking, clearing away the last of its major regulatory hurdles.
The approval comes after Moxy received the same nod from the Federal Deposit Insurance Corporation earlier this year and as it's engaged in an effort to raise $25 million in funding — an effort that began a long time ago, according to an interview with Moxy Bank CEO Casey…
