With Radius Acquisition, LendingClub Buys Crucial Bank Charter
By combining with a bank, LendingClub will get both a path for more growth and something many fintechs want, but have a hard time acquiring: a bank charter.
Lending Club and Subsidiary Settle $2M Consent Order
The peer-to-peer company Lending Club and its Westborough, Massachusetts-based subsidiary Springstone agreed earlier this month to pay $2 million and take a number of other steps to settle a consent order with the Massachusetts Division of Banks.
