Tagged: mike butler

Grasshopper and Capchase to Provide Financing to SaaS Startup Banking Clients

Grasshopper, the client-first digital bank built for the business and innovation economy, today announced its partnership with Capchase, a provider of non-dilutive financing solutions for Software-as-a-Service (SaaS) companies, “to provide revenue-based financing for enterprise SaaS startups through the bank’s partnership ecosystem, exclusively available to Accelerator… Read More

Virtual Bank Grasshopper’s Growth Continues with Digital Banking Capabilities, Expansion of Fintech Partnerships

Grasshopper, the “client-first” digital bank built for the business and innovation economy, recently announced steady growth and solid momentum for the year ending 2022. The bank has reportedly “expanded its management team, relaunched last March with a new vision, and has built strong lines of… Read More

Digital Bank Grasshopper Raises $30.4 Million

Grasshopper, a digital bank serving small businesses, including startups, has raised an additional $30.4 million. This brings the total raised to date to $160 million. Grasshopper was approved by the Office of the Comptroller of the Currency for a De Novo charter in May 2019…. Read More

Narmi Secures $35M in Funding to Support Digital Transformation of Financial Institutions

Narmi, a provider of open digital banking technologies, announced $35 million in Series B funding co-led by Greycroft and existing investors NEA and Picus Capital. Narmi claims it is one of the fastest-growing companies “servicing financial institutions in the United States and plans to leverage… Read More

A New Era in Fintech? LendingClub Reports Profitable Q4, Announces Acquisition of Digital Bank – Radius

LendingClub (NYSE:LC), the largest online lending marketplace in the United States, has simultaneously announced a GAAP profitable Q4 while revealing it has purchased a federally chartered bank, Radius Bank, thus immediately vaulting the Fintech into the hot digital banking realm. According to a release distributed… Read More

Prosper Marketplace & Radius Bank Join Forces to Offer Personal Loans Through Online Lending Platform

Prosper Marketplace, an online marketplace that connects borrowers and investors, today announced that Radius Bank, a full-service bank serving consumers nationwide through an industry-leading virtual banking platform, will now offer a new personal loan option through the Prosper platform. The partnership integrates the Prosper marketplace… Read More

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