PYMNTS
FEBRUARY 18, 2020
LendingClub provides personal lending online, and it wants access to funding that is more stable and not as expensive. Radius is based in Boston and has in the neighborhood of $1.4 The bank is one of a few smaller lenders that has teamed up with FinTechs who need services only an FDIC-regulated institution can provide.
PYMNTS
APRIL 2, 2018
Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens.
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Gonzobanker
DECEMBER 17, 2021
million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. We salute a legend of lending and credit union leadership.
American Banker
APRIL 14, 2016
A month after introducing the Express Business Loan for its customers, Eastern Bank in Boston says it is in talks with several banks across the U.S. to license the product.
Fintech Labs Insights
JANUARY 18, 2016
million to its digital banking platform. Startup digital bank. SaaS banking platform. Mobile banking app developer for financial institutions. Tags: Enterprise, B2B2C, mobile banking, digital banking. App Annie garnered $63 million for its mobile analytics and development tools.
Fintech Labs Insights
APRIL 30, 2015
Digital currency provider. HQ: Boston, Massachusetts. Digital banking platform for financial institutions. Tags: Peer-to-peer, P2P, lending, investing. Here are the deals listed by size from April 25 to April 30: Circle. Latest round: $50 million Series C (at $200 million valuation). Total raised: $76 million.
Independent Banker
OCTOBER 29, 2014
“Banks still hold a trust advantage when it comes to safeguarding personal data and using data in the best interests of their customers,” agrees Teresa A. Consumer studies the Boston firm has conducted indicate increasing mobile-banking adoption and awareness and use of mobile remote-deposit capture applications.
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