LendingClub is poised to become the first fintech to buy a US bank in a $185 million deal one analyst called 'amazing news' — here's why it's so transformative

7:38am PST - February 19th, 2020    robinhood - Business Insider

LendingClub, the marketplace lender, announced that it has agreed to buy Radius Bank in a deal CEO Scott Sanborn called "transformational." With this planned acquisition, LendingClub will now be a fully chartered bank able to take in deposits and issue its ow…