WebJan 19, 2024 · SAN FRANCISCO, Jan. 19, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE:LC), America's leading online lending marketplace connecting borrowers and investors, today announced that it has now received all the bank regulatory approvals necessary to complete its acquisition of digital bank Radius Bancorp ("Radius"). WebFeb 18, 2024 · LendingClub Corp on Tuesday agreed to buy U.S. digital lender Radius Bank in a cash-and-stock deal valued at $185 million, as it looks to gain access to a cheaper source of funding and offer a ...
Gabe Beukinga - President, Government Guaranteed Lending
WebFeb 1, 2024 · SAN FRANCISCO, Feb. 1, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE:LC) today announced the completion of its acquisition of Radius Bancorp, Inc. and … WebFeb 21, 2024 · With Radius Bank’s APIs—and fintech relationships—LendingClub takes a big step forward towards becoming a multi-line platform, and not just a multi-line bank. Many … drew and jonathan
The US Fintech Domino: Bank M&As and SMB Neobanks
Voted the nation’s best online bank in 2024 by Bankrate, and the best online banking experience in 2024 by Nerdwallet, LendingClub’s award-winning, branchless digital banking platform provides superior customer service through state-of-the-art technology. LendingClub’s multi-billion-dollar asset class serves … See more We’ve been investigating ways to add banking capabilities to our business since 2024. Initially, we connected with Radius to explore implementing its banking … See more No, your current LendingClub loan account won’t change, and you’ll continue making payments to LendingClub. We’ll keep providing the outstanding service … See more We are still in the process of finishing the integration of these two great organizations—in the future, you’ll gain access to a broad range of financial products and … See more Absolutely not! While we have the capabilities of other banks, we’re striving to become something new—a marketplace bank. Our goal is to transform … See more WebAug 31, 2024 · LendingClub Tailored Checking is an online-based account designed specifically for small-business owners. Although LendingClub is an online bank, the company has four proprietary ATMs in Boston,... WebJul 8, 2024 · In 2024, LendingClub acquired Radius Bank, making it the first time a U.S. regulated bank was acquired by a fintech company. Radius Bank dates back to 1987 and had $1.4 billion in assets at the time of acquisition. As a leading, tech-savvy online bank with impressive awards, Radius was the ideal way for LendingClub to enter the banking world. ... english turn new orleans hoa