Axos Acquires AI Fintech Arc Technologies to Enhance Banking for Startups
Hamid Siddiqui
News
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Axos Financial has reached an agreement to acquire Arc Technologies, an AI-driven fintech serving tech startups. The deal aims to integrate Arc's innovative software with Axos's banking capabilities. Arc, founded in 2021, has a strong foothold in automated finance and banking solutions. Axos targets underserved small businesses, seeking to leverage Arc's unique offerings. The acquisition is set to close this month.