FinTech LendingClub Buys Radius Bank For $185M
PYMNTS
FEBRUARY 18, 2020
FinTech LendingClub is purchasing Radius Bancorp for $185 million in cash and stock, according to a report by CNBC. 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 billion in assets.
Let's personalize your content