Acquisition Brings AI-Native Financial Technology Platform with Cash Management and Capital Markets Capabilities to Axos, Accelerating Digital Strategy
Axos Nevada Holding, LLC, a subsidiary of Axos Financial, Inc. (“Axos” or the “Company”) announced that it has entered into a definitive agreement to acquire Arc Technologies, Inc. (“Arc”), a financial technology platform serving technology and growth companies.
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Founded in 2021, Arc provides integrated cash management, capital markets, and AI-powered financial software solutions through a unified platform designed to help businesses manage cash, access debt financing, and streamline financial operations.
Axos expects the transaction to enhance its ability to serve the millions of small businesses in the United States that are structurally underserved by traditional banks.
The acquisition also expands Axos’ AI capabilities through Arc’s financial intelligence infrastructure and agentic finance tools designed to automate workflows, deliver insights, and improve operational efficiency.
“Arc brings an exceptional team, a modern technology platform, and deep expertise serving the innovation ecosystem,” said Greg Garrabrants, President and Chief Executive Officer of Axos Financial, Inc. “The combination of Arc’s product and software engineering capabilities with Axos’ diverse products and services, nationwide distribution, and capital resources creates a compelling opportunity to build a differentiated digital banking solution for businesses across their full lifecycle.”
Nick Lombardo, Chief Executive Officer and Co-Founder of Arc, added, “We built Arc with the belief that businesses deserve a more intelligent and integrated financial platform. Joining Axos gives us the infrastructure, product breadth, and scale to pursue that vision significantly faster while continuing to deliver the modern experience our customers rely on.”
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