Acquiring Company
TabaPay
Acquired Company
Transact Bank N.A
Mountain ViewDenverFinancial ServicesPaymentsFintechFinancial ServicesFinanceFintechLendingBankingDescription
TabaPay, Inc. has announced its intent to acquire Transact Bank, N.A. This acquisition will complement TabaPay's strategic growth initiatives. The deal comes alongside a $155 million financing round led by FTV Capital. TabaPay aims to enhance its financial technology offerings through this acquisition.
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Based on deal dataFrequently asked
Who acquired Transact Bank N.A?
Transact Bank N.A was acquired by TabaPay, based in Mountain View. The deal was reported on September 2, 2026. TabaPay is the leading instant money movement platform for the fintech industry, processing over one million transactions daily on behalf of more than 2,500 clients in the U.S. and Canada. TabaPay is privately held and operates in Financial Services.
When did TabaPay acquire Transact Bank N.A?
TabaPay's acquisition of Transact Bank N.A was reported on September 2, 2026. TabaPay, Inc. has announced its intent to acquire Transact Bank, N.A. This acquisition will complement TabaPay's strategic growth initiatives. The deal comes alongside a $155 million financing round led by FTV Capital. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Transact Bank N.A do?
Transact Bank is an OCC-chartered and FDIC-insured bank. It provides banking solutions aimed at facilitating digital financial transactions. The bank focuses on serving fintech companies and electronic payment providers. It is privately held, operating in Financial Services, and is based in Denver.
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