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M&A

Valley National to Acquire Bluevine for Approximately $340 Million

The proposed transaction would combine the regional bank with the digital banking platform in a cash-and-stock deal expected to close in early 2027, subject to approvals.

By MFN Staff
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Digital banking platform joining a regional bank through a proposed acquisition
Digital banking platform joining a regional bank through a proposed acquisition

NEW YORK — Valley National Bancorp agreed on Sept. 28, 2026 to acquire digital banking platform Bluevine for approximately $340 million. The announced consideration is roughly 75% cash and 25% Valley common stock, and the transaction is expected to close in early 2027 if customary conditions and regulatory approvals are satisfied.

Bluevine provides digital banking and financial tools for small businesses. Valley National is a regional bank, so the proposed combination would pair Bluevine’s technology and customer-facing platform with a regulated bank’s balance sheet and banking infrastructure.

The acquisition has not closed. Until completion, Bluevine and Valley remain separate businesses, and the final timetable or conditions may change. The announced value is transaction consideration rather than a guarantee of Bluevine’s future revenue, valuation or product expansion.

A bank-fintech combination also requires careful integration of deposits, lending, compliance, servicing and technology. The commercial opportunity is access to a broader small-business banking platform; the execution risk lies in connecting those systems without weakening controls or customer service.