About us
Democratize Loan Trading
Discover the vision, passion, and innovation that fuel our journey in revolutionizing the lending landscape. Learn about our founders, our milestones, and how we are empowering banks to transcend traditional boundaries and embrace the future of finance.
Year founded
Network Coverage
Loans Transacted
Our mission
Empowering lenders through democratized loan trading, our automation streamlines participations and syndications. By curating like-minded buy-side clubs and innovating balance sheet processes, we fortify community-focused lenders for financial success
Participations Made Easy
Unlock the future of effortless loan participations with our refined, user-friendly platform, fostering seamless collaborations and transparent transactions. Discover unparalleled convenience and precision, enhancing your banking experience while optimizing balance sheet management, accelerating loan trading and surpass lending limits.
Our values
What we stand for
The founders
Shaping a New Era in Banking
Our partners
BankLabs & Participate History
Radius Group LLC was founded in 2010 and later Became BankLabs
BankLabs was founded with a vision to redefine banking through innovative technology.
Cloud-based construction draw management product for lenders and their borrowers, builders and inspectors.
FinTech Breakthrough for Best Consumer Banking Mobile App.
BankLabs Signs 50th Bank to Utilize Construct
+Pay with Construct speeds up the payments process and removes the need for paper through electronic lien waivers, invoices and automated 1099 tax reporting.
In 2018, announced plans to hire 19 fintech professionals and aimed to double growth by 2020.
Expanded operations in Arkansas to support the growing demand for their innovative solutions.
Recognized as a winner of the second annual Celent Impact Awards through its usage of BankLabs’ solution.
FIS and The Venture Center announce the ten growth-stage fintech companies selected to take part in the 2021 FIS Fintech Accelerator program.
BankLabs with Construct celebrates a monumental achievement, transacting over $80 billion in construction loans.
Construct and +Pay technologies were acquired by Abrigo.
This acquisition allowed Abrigo to expand its lending automation capabilities.
After the sale of Construct and +Pay to Abrigo, BankLabs continued to focus on the development and enhancement of Participate.
The company aimed to revolutionize the loan participation process and management for banks.
Achieved three patents for Participate - Loan Participation Automation & Network - Patent No.: US 10,963,957 , Patent No.: US 11,521,265 & Patent No.: US 11,875,402.
BankLabs secured investment from FINTOP Capital, JAM FINTOP Banktech, and others for Participate.
This investment was pivotal for the further development and success of Participate.
Following the investment, BankLabs launched a spin-off company named Participate.
This move aimed to enhance and democratize loan trading across financial institutions of all sizes.
As Participate continues to grow and innovate, it has reached a significant milestone of over 1000+ users. This achievement underscores our commitment to empowering banks with cutting-edge loan participation and trading solutions, redefining efficiency and collaboration in the financial sector.
Our strategic partnership and integration with nCino, marks a significant milestone in transforming the loan participation & syndication landscape. Financial institutions using nCino can now seamlessly sell loans directly within their platform, empowering them to execute participations at the click of a button. This integration offers unprecedented efficiency, allowing banks to accelerate loan sales while mitigating risk and boosting fee income.
We are honored to be named the Most Innovative Loan Trading Technology Company 2024, a testament to our commitment to revolutionizing the loan trading landscape through cutting-edge automation. This prestigious award recognizes our ongoing efforts to empower financial institutions with streamlined, efficient, and innovative loan participation solutions.
Participate has successfully integrated with Fiserv DNA®, streamlining key loan participation processes such as payments, advances, and rate adjustments. This integration eliminates manual reconciliations, reduces errors, and enhances operational efficiency for financial institutions. By leveraging this technology, institutions can scale their loan portfolios and improve management without increasing headcount.
In a bold step forward for community banking, Participate has partnered with Atlantic Community Bankers Bank (ACBB) to transform loan trading for financial institutions. By combining Participate’s patented technology with ACBB’s established network of over 400 financial institutions, this partnership streamlines and scales loan participations, giving banks access to efficient and transparent trading solutions.
We are thrilled to announce that Participate has successfully achieved SOC 2 Type 2 compliance certification. This milestone underscores our unwavering commitment to delivering a secure, efficient, and trustworthy loan participation and syndication automation platform for our clients. With SOC 2 Type 2 certification, we reaffirm our dedication to protecting customer data, ensuring operational excellence, and upholding industry-leading standards for information security.
Participate has successfully integrated with Fiserv DNA®, streamlining key loan participation processes such as payments, advances, and rate adjustments. This integration eliminates manual reconciliations, reduces errors, and enhances operational efficiency for financial institutions. By leveraging this technology, institutions can scale their loan portfolios and improve management without increasing headcount.
Participate is proud to announce the issuance of our fourth patent, U.S. Patent No. 12,236,481, a milestone that underscores our ongoing commitment to innovation in loan participation and syndication automation.
Participate partnered with Community Capital Technology to revolutionize the loan sales process for financial institutions nationwide. By combining Participate’s patented loan participation automation with Community Capital’s expansive digital marketplace, the collaboration created the largest, most integrated platform for loan trading in the U.S. This end-to-end solution empowers banks, credit unions, and lenders to streamline transactions, boost liquidity, and scale lending operations—making it faster, smarter, and easier than ever to buy, sell, and manage loans.
Elevate Your Career with Us!
Are you passionate about making a difference in the fintech world, eager to solve complex problems, and ready to join a team where your contributions are valued and recognized? Explore career opportunities with us, and let’s innovate the future of banking together!