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Top 5 Emerging Fintech Hubs in The U.S.

Bank Innovation

Silicon Valley, New York City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. is already seeing a cluster of other fintech hubs emerge. These cities boast strong tech communities, talent pools, good coffee, and cheaper rents.

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Toast heats up restaurant payments competition

Payments Dive

As Toast adds services, the Boston startup is taking business from larger rivals and fintech peers, analysts say.

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JPMorgan Chase To Buy Boston FinTech 55ip

PYMNTS

Morgan Asset Management has announced that it has agreed to acquire FinTech 55ip , which works to help financial advisors deliver tax-smart investment strategies, according to a press release. The release stated 55ip will still operate as its own separate company, but it will have the "full support" of J.P.

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Why community banks are partnering with fintech startups

Bank Innovation

As big banks try to win over customers with digital upgrades that resemble slick user interfaces from fintech startups, community banks are looking at new ways to keep pace with customer expectations. Radius Bank, a one-branch Boston-based community bank with $1.2 Many are seeing partnerships as the path to growth.

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FinTech LendingClub Buys Radius Bank For $185M

PYMNTS

FinTech LendingClub is purchasing Radius Bancorp for $185 million in cash and stock, according to a report by CNBC. Radius is based in Boston and has in the neighborhood of $1.4 The bank is one of a few smaller lenders that has teamed up with FinTechs who need services only an FDIC-regulated institution can provide.

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LendingClub breaks ground with Radius Bank acquisition 

Bank Innovation

LendingClub, the publicly traded digital-lending marketplace, announced Tuesday that it is acquiring Boston-based Radius Bank, which has $1.4 billion in assets and is partnered with several fintech companies. LendingClub will pay $185 million for the acquisition, which the company expects to pay for itself in less than two years.

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Can Fintech Pave a Way for Financial Inclusion?

Bank Innovation

Federal Reserve Governor Lael Brainard addressed barriers to financial inclusion at a conference hosted by the Boston Fed and the Aspen Institute in Boston on Oct.

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