Fundz

TabaPay to acquire Transact Bank for growth

PRIVATESep 02, 2026

Acquiring Company

TabaPay

Acquired Company

Transact Bank N.A

Mountain ViewDenverFinancial ServicesPaymentsFintechFinancial ServicesFinanceFintechLendingBanking

Description

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.

Quick answer

TabaPay is acquiring Transact Bank N.A, announced September 2, 2026. TabaPay is based in Mountain View, California, United States.

How much did TabaPay pay for Transact Bank N.A?
The deal value was not disclosed.
What does TabaPay do?
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.
Where are TabaPay and Transact Bank N.A based?
TabaPay is based in Mountain View, California, United States. Transact Bank N.A is based in Denver, Colorado, United States.
Who are the decision-makers at TabaPay?
Fundz holds 3 contacts at TabaPay. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Financial Services and Payments

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Company Information

Company

TabaPay

Location

Mountain View, California, United States

About

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. The company provides merchant acquiring, instant payments, and services across the payments ecosystem and is majority employee owned with investments from Aligned Partners and Softbank.

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Frequently 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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