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FinTech LendingClub Buys Radius Bank For $185M

PYMNTS

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.

Fintech 242
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Amid Blockchain And Robotics Hype, Corporate Lenders Still Start With The Cloud

PYMNTS

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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Getting Mobile Ready

Independent Banker

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.

Mobile 105
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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

million to its digital banking platform. Startup digital bank. Online marketplace for real estate investing. SaaS banking platform. Mobile banking app developer for financial institutions. Tags: Enterprise, B2B2C, mobile banking, digital banking. RealtyMogul took in another $18.4

Company 12
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Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

Digital currency provider. HQ: Boston, Massachusetts. Digital banking platform for financial institutions. Online auto insurance comparison site. Online & mobile payment solutions in Southeast Asia. Digital payment platform aimed at construction industry . Online real estate investment platform.

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Fintech Fundings: 20 Companies Raise $300 Million Week Ending July 17

Fintech Labs Insights

Online alt-lender. Source: Boston Business Journal. Mobile banking platform. Digital payments solutions. Tags: Payments, prepaid cards, digital banking, mobile, global payments. Total raised: $45.1 Source: Finovate. HQ: Palo Alto, California. Latest round: $35 million. Total raised: $42.7 AcadiaSoft.

Fintech 12
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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Online payroll system. Alt-lending to small businesses. HQ: Boston, Massachusetts. Digital sales & account opening. Marketplace lending analytics. Online accounting. Tags: Institutions, advisors, analytics, BI, lending, loans, securitization. Total dollars raised YTD is now $17.4 million ($3.5

Company 12