It’s highly unusual for a lender as small as Arlington’s Leader Bank to create and sell its own technology. With $1.5 billion in assets, Leader is one-thousandth the size of banking behemoths like JPMorgan Chase & Co. and Bank of America Corp. that are known for their financial services technology, or fintech.
Yet for the past few years, that’s what the bank did, licensing digital rent- and deposit-collection tools to a handful of financial institutions nationwide. The side business grew to…
