Axos Nevada Holding, LLC, a subsidiary of Axos Financial, Inc. (NASDAQ: AX), has announced a definitive agreement to acquire Arc Technologies, Inc., a financial technology platform that caters to technology and growth companies.
The acquisition is anticipated to close in July 2026, enhancing Axos’ ability to serve millions of small businesses in the United States that are underserved by traditional banks.
The deal will also expand Axos’ artificial intelligence capabilities through Arc’s financial intelligence infrastructure and agentic finance tools, which are designed to automate workflows, deliver insights, and improve operational efficiency.
This strategic move aims to integrate Arc’s product and software engineering capabilities with Axos’ diverse products and services, nationwide distribution, and capital resources.
Greg Garrabrants, President and Chief Executive Officer of Axos Financial, commented, “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.”
