Acquiring Company
First Carolina Bank
Acquired Company
BM Technologies
Rocky Mount
United KingdomFinancial ServicesDescription
BM Technologies, Inc. (NYSE American: BMTX) is set to finalize its merger with First Carolina Bank. The merger, disclosed on October 24, 2024, is expected to be completed on January 31, 2025, with BM Technologies becoming a wholly owned subsidiary of First Carolina Bank. The strategic move aims to enhance the combined entity's capabilities and market position.
Quick answer
First Carolina Bank is acquiring BM Technologies, announced January 16, 2025. First Carolina Bank is based in Rocky Mount, North Carolina, United States.
- How much did First Carolina Bank pay for BM Technologies?
- The deal value was not disclosed.
- What does First Carolina Bank do?
- First Carolina is a North Carolina state-chartered bank headquartered in Rocky Mount with about $2.6 billion in total assets as of Nov. 30.
- Where are First Carolina Bank and BM Technologies based?
- First Carolina Bank is based in Rocky Mount, North Carolina, United States. BM Technologies is based in United Kingdom.
- Who are the decision-makers at First Carolina Bank?
- Fundz holds 1 contact at First Carolina Bank. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at First Carolina Bank, and when
When First Carolina Bank changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day First Carolina Bank raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at First Carolina Bank, from your own LinkedIn network
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Related People
Frequently asked
Who acquired BM Technologies?
BM Technologies was acquired by First Carolina Bank, based in Rocky Mount. The deal was reported on January 16, 2025. First Carolina is a North Carolina state-chartered bank headquartered in Rocky Mount with about $2.6 billion in total assets as of Nov. 30. First Carolina Bank is privately held and operates in Financial Services.
When did First Carolina Bank acquire BM Technologies?
First Carolina Bank's acquisition of BM Technologies was reported on January 16, 2025. BM Technologies, Inc. (NYSE American: BMTX) is set to finalize its merger with First Carolina Bank. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does BM Technologies do?
BM Technologies is the company acquired in this transaction. It is privately held, and is based in United Kingdom.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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