Valley National Bank to acquire Bluevine and plan small business banking integration

AI-assisted source summary · not independently verified. Content standards

Valley National Bank will acquire Bluevine for $340 million in cash and stock, with the transaction expected to close in early 2027. Bluevine founder and CEO Eyal Lifshitz will lead the bank’s small business banking business. Bluevine will bring $2.1 billion in deposits, 175,000 active small business customers, and approximately 180 research and engineering employees. The two sides plan to integrate the traditional bank’s community relationship network with Bluevine’s digital capabilities.