LendingClub has inked a deal to acquire Radius Bank for $185 million in a a cash-and-stock deal. Alex breaks down why he loves this deal for LendingClub and explains how this could mark the beginning of a new generation of lending marketplace platforms.
LendingClub to acquire Radius Bank for $185 million: www.reuters.com/article/us-lendingclub-radius/lendingclub-to-acquire-radius-bank-for-185-million-idUSKBN20C2LR
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