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LendingClub Receives Regulatory Approvals to Acquire Radius Bancorp
LendingClub Corporation (NYSE:LC), America's leading online lending marketplace connecting borrowers and investors, today announced that it has now received all the bank regulatory approvals necessary to complete its acquisition of digital bank Radius Bancorp ("Radius"). The company expects the acquisition to close on or around February 1, 2021, subject to completion or waiver of the remaining customary closing conditions.
Financial Sector SPACS Take Hold
The mainstream emergence of Special Purpose Accquisition Companies (SPAC for short) has became one of the hottest market stories of 2020 and the trend appears to be continuing into the new year.
Vestwell Partners with Envestnet to Offer Turnkey Retirement Plan Solutions to Industry Advisors
Vestwell, the digital recordkeeping platform bringing the 401(k) and 403(b) industry into the modern Fintech era, today announced a partnership with Envestnet, Inc.
S&P Global and IHS Markit to Merge in All-Stock Transaction Valuing IHS Markit at...
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) today announced they have entered into a definitive merger agreement to combine in an all-stock transaction which values IHS Markit at an enterprise value of $44 billion, including $4.8 billion of net debt.
Kingswood Acquisition Corp. Announces Closing of $115 Million Initial Public Offering
Kingswood Acquisition Corp. (NYSE: KWAC.U) (“KWAC” or the “Company”) announced today the closing of its initial public offering (“IPO”) of 11,500,000 units, including 1,500,000 units issued to the underwriters upon the full exercise of their over-allotment option, at a price to the public of $10.00 per unit. The units began trading on The New York Stock Exchange (the “NYSE”) under the symbol “KWAC.U” on November 20, 2020.
Western Union Advances Its Digital Growth Strategy With Investment in stc pay
The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced that the Company has entered into a definitive agreement to acquire a minority stake in fast growing Saudi Digital Payments Company, or stc pay
NASDAQ Channels The Clash – “Should I Stay Or Should I Go?”
The second largest trading exchange in the world (behind the NYSE) has met with several state governors recently to explore potential "opportunities" and, as usual, the leading candidate for a relocation is TEXAS! Specifically, Houston.
What’s FinTech’s Next Billion Dollar Idea? ScratchWorks Believes It’s Found Two
ScratchWorks, a leading FinTech accelerator, today announced that Lifeworks and ReAllocate received a combined $5,000,000 of funding in its 3rd annual competition to connect innovative tech companies with investment and wealth management luminaries to advance the digital transformation of the financial services industry
LaSalle St. Launches Guidetrack Financial Planning Platform To Provide Technology-Enhanced Financial Planning Experience For...
Platform Uses Digital Advice Solution from Fidelity InstitutionalSM and eMoney Advisor
Goldman Sachs Open Sources its Data Modeling Platform through FINOS
The Fintech Open Source Foundation (“FINOS”), together with platinum member Goldman Sachs (NYSE: GS), today announced the launch of Legend, Goldman’s flagship data management and data governance platform.