Valley National Bank, a U.S. regional bank, has agreed to acquire digital small-business banking platform Bluevine in a deal valued at about $340 million, according to Techub News, citing Finextra’s crypto channel. The transaction will be paid in a mix of cash and stock. Bluevine is a fintech company that provides digital banking services to small and medium-sized businesses. No additional deal terms were disclosed in the source text. The report identifies the buyer as Valley National Bank and describes Bluevine as a digital banking platform focused on SMB clients.
Valley National Bank, a U.S. regional bank, has agreed to acquire digital small-business banking platform Bluevine for about $340 million in cash and stock, according to Techub News, citing Finextra’s crypto channel.
Bluevine is a fintech company that provides digital banking services to small and medium-sized businesses.
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