This Virtual Bank Wants to Be The Engine Behind Fintech Brands
Online-mostly player Radius Bank has launched a second-generation take on fintech partnerships. Using relationships with customer bases built by its clients, Radius bulks up on funding for multiple lending programs. And there isn’t a branch in sight. It’s yet another new model for banking in the digital age.
Radius Bank demonstrates that established banking institutions can put themselves successfully through a reboot that can drastically change their business model. For Boston-based Radius, virtual banking and fintech relationships have been the routes of choice.