Tagged: mike butler

Digital Bank Grasshopper Raises $30.4 Million

Grasshopper, a digital bank serving small businesses, including startups, has raised an additional $30.4 million. This brings the total raised to date to $160 million. Grasshopper was approved by the Office of the Comptroller of the Currency for a De Novo charter in May 2019…. Read More

Narmi Secures $35M in Funding to Support Digital Transformation of Financial Institutions

Narmi, a provider of open digital banking technologies, announced $35 million in Series B funding co-led by Greycroft and existing investors NEA and Picus Capital. Narmi claims it is one of the fastest-growing companies “servicing financial institutions in the United States and plans to leverage… Read More

A New Era in Fintech? LendingClub Reports Profitable Q4, Announces Acquisition of Digital Bank – Radius

LendingClub (NYSE:LC), the largest online lending marketplace in the United States, has simultaneously announced a GAAP profitable Q4 while revealing it has purchased a federally chartered bank, Radius Bank, thus immediately vaulting the Fintech into the hot digital banking realm. According to a release distributed… Read More

Prosper Marketplace & Radius Bank Join Forces to Offer Personal Loans Through Online Lending Platform

Prosper Marketplace, an online marketplace that connects borrowers and investors, today announced that Radius Bank, a full-service bank serving consumers nationwide through an industry-leading virtual banking platform, will now offer a new personal loan option through the Prosper platform. The partnership integrates the Prosper marketplace… Read More

Send this to a friend