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USB US Bancorp

41.05
0.42 (1.03%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
US Bancorp NYSE:USB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.42 1.03% 41.05 41.81 40.525 40.59 6,359,442 01:00:00

U.S. Bank Agrees to Acquire Bento Technologies

12/08/2021 4:45pm

Dow Jones News


US Bancorp (NYSE:USB)
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From May 2021 to May 2024

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   By Stephen Nakrosis 
 

U.S. Bank on Thursday said it agreed to acquire fintech company Bento Technologies.

Known as Bento for Business, the fintech company offers payment and expense management services to small and mid-sized businesses, U.S. Bank said.

The company also said "Bento's accounts payable-based software complements the bank's existing Elavon and talech accounts receivable software solutions."

The deal is expected to close in September, U.S. Bank said.

Financial terms of the deal weren't disclosed.

 

-Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

August 12, 2021 11:33 ET (15:33 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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