Axos Financial, through its subsidiary Axos Nevada Holding, announced an agreement to acquire Arc Technologies, aiming to boost its artificial intelligence capabilities and improve financial services for small businesses across the United States. The deal is expected to close this month, pending standard regulatory and closing conditions.
Arc Technologies provides a platform focused on cash management and capital markets, specifically designed to help technology companies optimize cash flow, access competitive yields, raise debt capital, and leverage AI-powered financial tools. By integrating Arc’s advanced financial intelligence infrastructure, Axos intends to accelerate its digital banking strategy and develop a comprehensive solution tailored for businesses at every stage of growth.
Axos Financial oversees multiple subsidiaries, including Axos Bank, which delivers a range of consumer and business banking products nationwide; Axos Clearing, offering securities clearing services for broker-dealers and investment advisors; and Axos Invest, a digital advisory platform targeting retail investors. Bringing Arc’s modern technology and expert team into the fold complements these services with enhanced digital innovation.
According to Axos Financial’s President and CEO, the acquisition combines Arc’s software engineering strengths with Axos’ extensive product lineup, nationwide reach, and capital resources to create a unique digital banking solution for business clients. The deal signifies a strategic move toward an integrated AI-driven financial ecosystem supporting the needs of technology-focused enterprises.
Arc Technologies’ CEO has assured customers that current services will remain unchanged for the time being. Over time, clients can expect expanded offerings, including directly integrated bank accounts, additional FDIC-insured deposit options, improved international transfer capabilities, commercial lending products, and AI-automated financial management tools.
This acquisition follows Axos Bank’s recent purchase of Verdant Commercial Capital, an independent equipment leasing company, aimed at scaling and strengthening Axos’ existing equipment leasing operations. These moves reflect Axos’ broader growth strategy to diversify and deepen its financial service offerings using technology and AI.