Search Results for "Radius Bank"
2 results for "Radius Bank"
Deals 2
LendingClub Acquires Radius Bank for $185M, First Fintech to Buy US Bank
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 anticipated two years after completion. This landmark transaction reshaped the boundary between fintech platforms and traditional banking.
Radius Bank Partners with Mantl to Launch Digital Account Opening Platform
Radius Bank partnered with NYC-based fintech Mantl to launch a new digital account opening platform. The collaboration aimed to modernize the bank's onboarding process for new customers. This represents an early example of a community bank leveraging fintech infrastructure to compete with larger digital-first institutions.