Axos Financial has agreed to buy Arc Technologies, adding an AI-native financial technology platform aimed at technology and growth companies to its banking and brokerage franchise.
Arc, founded in 2021, offers cash management, capital markets and AI-powered financial software in a single platform. Axos said the deal is intended to strengthen its reach among small businesses and expand its digital tools for managing cash, accessing debt financing and automating finance workflows.
The transaction is expected to close in July 2026.
Axos said the acquisition will add Arc’s financial intelligence infrastructure and agentic finance tools to its own product set. The company described the combination as one that joins Arc’s software engineering and product capabilities with Axos’ nationwide distribution and capital resources.
Axos reported approximately $29.2 billion in consolidated assets as of March 31, 2026. Its Axos Clearing unit, including Axos Advisor Services, reported approximately $44.0 billion of assets under custody and/or administration as of the same date.
Arc’s platform is used by businesses to manage cash, seek yield, raise debt capital and access AI-enabled financial services. The company is backed by investors including Left Lane Capital, NFX, Bain Capital Ventures, Atalaya, Clocktower Technology Ventures, Torch Capital and Y Combinator. The market has reacted to these announcements by moving the company's shares -0.48% to a price of $100.25. Check out the company's full 8-K submission here.
