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Trusted by
Acquiring Company
Better Home & Finance
Acquired Company
Birmingham Bank
New York
BirminghamFinancial ServicesReal EstateArtificial IntelligenceFinanceFintechLendingFinancial ServicesFinanceLendingBankingDescription
Better has announced the sale of 100% of its interest in Birmingham Bank to a consortium for a gross consideration based on the bank’s tangible net asset value. This move is part of Better's strategy to simplify its international operations. The sale is expected to improve Better's cash reserves significantly. The transaction is projected to be completed in the upcoming months.
Fundz sees it the moment Better Home & Finance makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Birmingham Bank?
Birmingham Bank was acquired by Better Home & Finance, based in New York. The deal was reported on October 6, 2026. Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) is the first AI-native mortgage and home equity finance platform, and first fintech to fund more than $100B in loan volume. Better Home & Finance is publicly traded (BETR) and operates in Financial Services.
When did Better Home & Finance acquire Birmingham Bank?
Better Home & Finance's acquisition of Birmingham Bank was reported on October 6, 2026. Better has announced the sale of 100% of its interest in Birmingham Bank to a consortium for a gross consideration based on the bank’s tangible net asset value. This move is part of Better's strategy to simplify its international operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Birmingham Bank do?
Birmingham Bank is a financial institution based in the UK, offering a range of banking services. The bank is currently classified as held for sale as part of Better's strategic restructuring. It is privately held, operating in Financial Services, and is based in Birmingham.
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