The deal is worth $185mn in cash and stock.
LendingClub had its IPO in 2014 and was valued at $8.5mn.
It wants to reestablish itself in the market as a fully fledged bank.
Radius is a smaller lender which wants to team up with FinTechs who need to work with a regulated institution. This deal marks the first purchase of a bank by a FinTech.
We are delighted to share an exclusive interview sponsored by The Fintech Alliance. In this compelling discussion, Tony Blair offers thoughtful insights into the challeng...
The funding will support Tyme's expansion into Southeast Asia, including Vietnam and Indonesia, as it aims to become a top retail bank in South Africa within three years....
The acquisition is expected to enhance FIS's portfolio, following its recent purchase of San Francisco-based Banking-as-a-Service fintech Bond.
AHAM Capital is replacing legacy, on-premises systems with Temenos Multifonds Global Accounting on SaaS to drive scalable automation and future growth in the Malaysian ma...
Offering credit card applicants with pre-approval, and up to four ...
Taktile’s CEO Maik Taro Wehmeyer discussed how automated decision engines ...
Six months after leaving the Swedish BNPL giant, Alex Marsh ...
Funding Circle and Atom Bank have entered a new lending ...
A decade ago, not many of us would have envisaged how fintechs would change the credit landscape thr...
We show that FinTech lending affects credit markets and real economic activity using a unique data s...
2020 was certainly a year for the record books with a global health crisis that forced economic impa...
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