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LendingClub Closes Acquisition of Radius Bancorp
LendingClub Corporation (NYSE:LC) today announced the completion of its acquisition of Radius Bancorp, Inc. and its digital bank subsidiary, Radius Bank ("Radius").
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.
Visa Abandons Plaid Deal After Antitrust Concerns
The $5.3 billion deal between Visa and Plaid collapsed due to a government antitrust lawsuit. The U.S. Justice Department called Visa a "monopolist in online debit transactions."
WEALTHTECH INSIDER: Orion Thought Leader Q&A Series With Dr. Daniel Crosby
Today, we revisit an interview from the recent past with Orion’s CMO Kelly Waltrich and Dr. Daniel Crosby on the intersection of planning, behavioral insights, and tech for financial advisors
The Top 5 Posts on Digital Wealth News for 2020
We thought it would be interesting to see which stories have had the highest pageviews to date in our scant 3 month history. Interestingly, 3 of the 5 top posts fell under our "Fintech Luminaries" series, which spotlights C-level executives at leading financial technology firms.
Designing First-Class Digital Experiences in a Post-Pandemic World
Back in March, hardly anyone in the wealth management industry had the faintest idea how long most of us would be working remotely. As 2020 draws to a close, with some companies changing their practices to make remote work a more permanent mode of operations, it seems clear that virtual, digitally enabled experiences are here to stay.
NFL Hall of Fame Legend Marshall Faulk Joins Voyager Digital as Key Advisor
Voyager Digital Ltd. ("Voyager" or the "Company") (CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2), a publicly traded, licensed crypto-asset broker that provides investors with a turnkey solution to trade crypto assets, today announced that NFL Hall of Famer Marshall Faulk will be a joining Voyager as an advisor
SEC’s FinHub – Stand Alone, or Stand Next To?
The SEC has had the Strategic Hub for Innovation and Financial Technology, or FinHub, around for a few years but it was just announced that FinHub will now become a stand alone office
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.