Fintech Startup of the Week: Challenger Jiko Buys a $100M U.S. Bank
Fintech Labs Insights
SEPTEMBER 3, 2020
But regulators are not exactly on board. And more recently, Lending Club has a $185M acquisition of Radius Bank pending, though the lender’s $80M Q2 loss is not going to help ease regulators’ concerns. You’d think that Jiko was looking to leverage FDIC insurance to put its customers at ease. CBW Bank in a similar category.
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