Search Results for "US Bancorp"
2 results for "US Bancorp"
Deals 2
LendingClub Closes Acquisition of Radius Bancorp Creating First Public U.S. Neobank
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-spectrum fintech marketplace bank. This enabled LendingClub to offer deposit accounts, loans, and other banking services directly to its 3 million members.
Elavon Acquires UK Payment Gateway Sage Pay for $300 Million
US Bancorp subsidiary Elavon agreed to acquire Sage Pay, a UK and Ireland payment gateway, from Sage Group for $300 million (£232 million). The deal positioned Sage Group to refocus on SaaS while partnering for payments and banking services. Sage Pay competed with Stripe, PayPal, and Adyen in the payment gateway space.