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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 |
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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