In 2021, the online personal-loan company LendingClub completed its acquisition of Radius Bank, effectively becoming a bank itself. At the very start of 2022, the one-stop-shop financial-services company SoFi completed its acquisition of the small Sacramento-based bank Golden Pacific Bancorp, also becoming a bank. 

It looked like bank-fintech deals were going to be the big new trend in the industry, combining the fast customer-acquisition capabilities of a tech company with the stable profitability and cheaper deposits of a bank. But this year has been a different story. Bank-fintech deals ran into isolated complications, as well as difficulty from regulators. Let's take a look at what happened in 2022 and the outlook moving forward.

Heading into 2022, it looked like bank-fintech deals would have another strong year. There were several promising announcements, all of which came in November of 2021.

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Source Fool.com