New banks

Fintech buys a bank: LendingClub to buy Radius Bank in a first-of-its-kind acquisition

  • It's the first time a US fintech has acquired a bank.
  • Radius provides a charter, a digital banking ethos, and the ability to hold deposits.
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Fintech buys a bank: LendingClub to buy Radius Bank in a first-of-its-kind acquisition

 


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New banks, Path to growth

How Grasshopper uses team building and customer acquisition strategies to catalyze its growth

  • Grasshopper has recently grown its talent pool by bringing on four new executives to fill key roles in startup banking, embedded finance, product management, and SMB/SBA lending.
  • We look at how team building is intertwined with Grasshopper’s growth strategy and its growth trajectory two years post-relaunch.
Sara Khairi | September 26, 2024
New banks

Stash’s new CMO, Jackie Stern on building big partnerships and the importance of simplifying products and communications in finance

  • As investment service Stash matures, it's made a series of key hires in the C-suite.
  • CMO Jackie Stern joins Stash as the firm works to scale its username, expand its product sets, and move into the next stage of its growth.
Zachary Miller | February 28, 2024
New banks

Looking back and moving forward: How neobanks tackled 2023 and what they expect from 2024

  • 2023 wasn't the best year for traditional banks, but were neobanks any better off? 
  • Hear from Chime and Panacea Financial about the challenges they faced in 2023 and what they think the new year will hold.
Rabab Ahsan | January 04, 2024
New banks

‘We’re shortening the distance between consumers and the products they want and need’: MoneyLion’s Dee Choubey comments on Q3’23 and more

  • MoneyLion delivered strong third-quarter earnings and revenue last week.
  • Dee Choubey, co-founder and CEO of MoneyLion, discusses where the firm stands today and the trends propelling digital banking heading into 2024.
Sara Khairi | November 14, 2023
New banks

‘Fintechs need to do a better job of talking about how we’re at the forefront of trust and security’: 5 questions with MoneyLion’s CEO Dee Choubey

  • MoneyLion's revenue increased 34% to $93.7 million in Q1 2023 from $70 million in Q1 2022.
  • Tearsheet spoke with MoneyLion's Dee Choubey about the increased revenue for the quarter, the advancing role of AI in banking, and how the banking crisis is affecting fintechs.
Sara Khairi | May 18, 2023
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