Fintech acquires financial institution to realize banking constitution license


SmartBiz, a fintech offering loans to small and medium-sized companies, has accomplished its acquisition of United Neighborhood Bancshares and its subsidiary, Centrust Financial institution. The acquisition, authorized by the Workplace of the Comptroller of the Foreign money and the Federal Reserve Financial institution of Chicago, transitions SmartBiz right into a full-fledged banking establishment working below the newly established SmartBiz Bancshares, […]



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