Valley Bank Courts Small Businesses With Bluevine Acquisition

Valley Bank is set to acquire Bluevine , a digital banking platform for small businesses. The $340 million deal is designed to help Valley with its efforts to strengthen its funding base, expand its small business franchise, and accelerate its digital and artificial intelligence (AI) strategy, the bank said in a Monday (Sept. “Bluevine has built an impressive franchise which has generated a diversified base of small business operating deposit relationships, a highly engaged cu