Economy · Full coverage
Israeli-Founded Bluevine Acquired by Valley National Bank for $340 Million
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
By מירב ארד
What happened
Israeli-founded fintech firm Bluevine has been acquired by Valley National Bancorp for approximately $340 million. The deal, expected to close in early 2027, includes cash and stock and will transfer Bluevine's development teams and customer deposits to the bank.
- 01Bluevine, an Israeli-founded fintech, is sold to Valley National Bank for $340 million.
- 02The acquisition includes cash and stock, with regulatory approval pending.
- 03Valley Bank seeks Bluevine's $2.1 billion in low-cost small business deposits.
- 04The deal is expected to boost Valley Bank's earnings and cost savings.
- 05Bluevine's founders and employees will join Valley Bank's management.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
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