Axos is buying Arc Technologies, an AI-native fintech that banks tech startups, and bolting its software onto a chartered bank.
Axos Financial, a US digital bank with about $29bn in assets, has agreed to acquire Arc Technologies, the company announced. Arc runs a financial platform for technology and growth companies, bundling cash management, debt financing, and AI-powered software in one place. Neither side put a price on the deal.
What Axos gets
Arc launched in 2021 to give startups a slicker alternative to old-school business banking. It now handles treasury, capital markets, and what it calls agentic finance: software that automates finance chores, surfaces insights, and moves money. Backers include Y Combinator, NFX, and Bain Capital Ventures.
Axos wants two things here. The first is Arc’s software and its foothold in the startup world. The second is its AI, including a CFO agent named Archie that Arc shipped last year.
