#bank-charter

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Venture
fromfortune.com
1 week ago

Exclusive: Circle cofounder raises $30 million for Series A AI-native bank' Catena Labs

Catena Labs raised $30 million to build tools enabling AI agents to safely execute financial transactions and is applying for a New York trust bank charter.
London startup
fromTearsheet
2 weeks ago

Micro Case Study: LendingClub's Identity Shift - When the business outgrew the brand - Tearsheet

LendingClub rebrands its digital bank as Happen Bank to match an integrated banking model built on lending, checking, savings, credit, and CDs.
fromTearsheet
3 weeks ago

LendingClub rebrands to Happen Bank as its identity catches up to its model - Tearsheet

This is really about the brand catching up with the business. When the company obtained its bank charter in 2021 via the acquisition of Radius Bank, it was still largely perceived as a marketplace lender. Over the next few years, it built out a full-stack digital banking experience: checking, savings, CDs - all integrated with its core lending engine.
Miscellaneous
US politics
fromTearsheet
3 months ago

Affirm's move to become a bank signals a reconfiguration for the BaaS industry and beyond - Tearsheet

Fintech firms are increasingly pursuing U.S. bank charters, with applications surging under current administration and firms eyeing expanded services and regulatory advantages.
fromEngadget
5 months ago

PayPal applies to become a bank under Trump's looser financial rules

"Securing capital remains a significant hurdle for small businesses striving to grow and scale,"
Business
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