✉news BusinessBusiness first seen 5 h ago, last 5 h ago, peak #34
Valley National Bancorp to Acquire Digital Lender Bluevine
Original: Valley National Bancorp to Acquire Bluevine Inc., Accelerating Its Digital Small Business Growth Strategy and Meaningfully Enhancing Its Core Funding Capabilities
Valley National Bancorp announced an agreement to acquire Bluevine Inc., a digital small business banking provider. The deal is intended to speed up the bank's digital small business growth strategy and strengthen its core funding capabilities. Details on price, timing and regulatory approval were not included in the initial announcement.
Why now: A regional US bank is buying a fintech small business lender, a notable banking consolidation and digital strategy move.
Valley National BancorpBluevine
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/233905