Radnor fintech spun out of Customers Bancorp terminates acquisition of Seattle bank
BM Technologies, a spinout of Customers Bancorp, said due to the prolonged regulatory review of the deal and changing macro-economic environment, management determined a better strategy would be to have a sponsor bank without the capital needs and credit risk that owning a bank would entail.
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BM Technologies, a spinout of Customers Bancorp, said due to the prolonged regulatory review of the deal and changing macro-economic environment, management determined a better strategy would be to have a sponsor bank without the capital needs and credit risk that owning a bank would entail.
