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The FTC reached an $18 million settlement with LendingClub over charges that the company misrepresented fees to consumers. LendingClub agreed to pay the amount to resolve claims of deceptive practices...

LendingClub, a digital marketplace bank, partnered with Pagaya to acquire intellectual property assets from Tally Technologies, a defunct credit card debt management fintech. The deal enhances Lending...

... infrastructure while Moneyou offered the branded customer-facing experience. The deal exemplified the growing trend of established banks leveraging fintech partners for digital lending.

APX Lending launched a Bitcoin-backed lending platform in August 2023, offering a B2B SaaS solution that enables banks and financial institutions to expand their lending offerings via crypto-collatera...

CreditSnap partnered with Tresl to offer a white-label lending and account-opening platform called BankingAmplified for banks and credit unions. The turnkey solution combined pre-qualification technol...

LendingClub announced its acquisition of Radius Bank for $185 million, becoming the first fintech company to acquire a US-regulated bank. The deal was expected to close in 12-15 months with break-even...

...stablishing that a national bank is the true lender when it is named as lender in the loan agreement or funds the loan. The rule clarifies the legal framework for bank-fintech lending partnerships, re...

LendAPI joined the American Fintech Council after launching infrastructure-first embedded finance capabilities. The company offers modular APIs for lending, banking, and digital wallet solutions aimed...

Leader Bank, a community bank in Arlington, MA, partnered with PortX to develop an API-driven digital lending solution integrated with an Asset Management Company's platform. The initiative reduced un...

LendingClub Corporation completed its acquisition of Radius Bancorp, a digital bank that served as a sponsor bank for fintechs. The deal created the first publicly traded U.S. neobank and full-spectru...

Dutch Finance Lab raised €30 million shortly after its January 2018 launch, led by investor Pieter Schoen and a banking partner. The funds primarily support client credit lines and acquisitions. The c...

NatWest became the first bank to launch on Finastra's Fusion LenderComm, a blockchain-based platform built on R3's Corda for syndicated lending. The integration enables real-time position reporting an...

Citizens Bank's small business digital lending platform, built in collaboration with Fundation Group LLC, was recognized with an industry award for partnership innovation. Fundation provides digitally...

USAA launched a limited-time pilot with veteran-focused fintech StreetShares to offer small business lending to its members. The partnership addresses unmet demand among USAA's member base for small b...

OnDeck launched ODX, a Platform-as-a-Service subsidiary enabling banks to digitize SME lending with embedded software, analytics, and services. The platform allows banks to offer fully digital loan ap...

Wisetack, a pay-over-time financing platform for home services, raised $25 million from Trinity Capital. The funding supports expansion of its embedded lending product that enables service businesses ...

TIMVERO and Plumery announced a strategic partnership to integrate TIMVERO's lending origination, analytics, and servicing software (timveroOS) with Plumery's digital banking self-service platform. Th...

Berlin-based embedded lending platform Banxware secured €10m ($11.4m) in strategic funding from UniCredit. The investment supports a new partnership with UniCredit's BaaS subsidiaries Aion and Vodeno....

ConnectOne Bancorp, parent of ConnectOne Bank, completed its acquisition of BoeFly, a New York/Boston-based fintech focused on small business lending platforms. The deal represents a bank acquiring fi...

BlueVine raised $60 million in Series E funding led by Menlo Ventures for its invoice factoring and business line of credit products. The fintech partners with banks to deliver embedded lending to sma...

Indian lending marketplace Paisabazaar raised $31.58 million to scale its platform connecting consumers with bank lending products via mobile and internet channels. The platform serves segments unders...