Axos Nevada Holding, a subsidiary of Axos Financial, announced a definitive agreement to acquire Arc Technologies. Arc is a financial technology platform serving technology and growth companies.
Founded in 2021, Arc provides integrated cash management, capital markets, and AI-powered financial software through a unified platform. The company helps businesses manage cash, access debt financing, and streamline financial operations.
Axos said the acquisition is expected to enhance its ability to serve small businesses in the United States that are underserved by traditional banks. The deal also expands Axos’ AI capabilities through Arc’s financial intelligence infrastructure and agentic finance tools.
Arc’s tools are designed to automate workflows, deliver insights, and improve operational efficiency. Axos said the combination of Arc’s software engineering capabilities with Axos’ products, distribution, and capital resources creates an opportunity to build a differentiated digital banking solution for businesses across their lifecycle.
The transaction is expected to close in July 2026, subject to customary closing conditions. Terms of the transaction were not disclosed.
Arc is headquartered in San Francisco and New York City. Its investors include Left Lane Capital, NFX, Bain Capital Ventures, Atalaya, Clocktower Technology Ventures, Torch serve small businesses in the United States that are underserved by traditional banks. The deal also expands Axos’ AI capabilities through Arc’s financial intelligence infrastructure and agentic finance tools.
Arc’s tools are designed to automate workflows, deliver insights, and improve operational efficiency. Axos said the combination of Arc’s software engineering capabilities with Axos’ products, distribution, and capital resources creates an opportunity to build a differentiated digital banking Capital, and Y Combinator.
Axos Financial had approximately $29.2 billion in consolidated assets as of March 31, 2026. The company is the holding company for Axos Bank, Axos Clearing, and Axos Invest.
KEY QUOTES:
“Arc brings an exceptional team, a modern technology platform, and deep expertise serving the innovation ecosystem. 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.”
Greg Garrabrants, President and CEO of Axos Financial
“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.”
Nick Lombardo, CEO and Co-Founder of Arc
