Banc Of California news and trends

Banc of California Gets Into Merchant Acquiring With Global Payroll Gateway Buy
Acquisitions // September 15, 2022

Banc of California has bought the payments platform and tech of Global Payroll Gateway and its subsidiary Deepstack, giving it a one-stop shop solution for payments for merchants to get funds faster and access more visibility, a press release said. Deepstack is a differentiated software-led...

Today in B2B: Splitit Broadens BNPL Partnership with BlueSnap; Customization Will Fuel Online Marketplaces
B2B Payments // May 24, 2022

Today in B2B payments, almost two-thirds of B2B companies offer fully digital eCommerce, while virtual cards help with financial inclusion and expense management. Plus, Finexio partners with Banc of California to help middle-market and enterprise customers. 65% of B2B Companies Offer Fully Digital eCommerce Capabilities...

AP Platform Finexio Teams Up With Banc of California
B2B Payments // May 24, 2022

Accounts payable (AP) Payments-as-a-Service (PaaS) platform Finexio announced that it has formed a partnership with California business bank Banc of California. According to a Monday (May 23) news release, the partnership will see the bank offer its Banc PremierePay product — which is powered by...

Banc of California Considers Further Backing of FinTech Finexio
Investments // November 01, 2021

After participating in FinTech Finexio’s recent $8 million funding round, Banc of California is mulling the possibility of investing in the startup once again. “We’re the only bank that’s invested in them. So, I think there’s the opportunity for us to play an important role...

Quick Reads
Report: Regional Lenders Banc of California and PacWest Negotiate Combination

July 25, 2023
Regional lenders Banc of California and PacWest Bancorp are reportedly in advanced negotiations to combine. A deal could be announced as soon as Tuesday (July 25), when both banks are scheduled to report their results, The Wall Street Journal (WSJ) reported Tuesday, citing unnamed sources. Banc of California and PacWest Bancorp did not immediately reply to PYMNTS’ request for comment. A […]

Banc of California Gets Into Merchant Acquiring With Global Payroll Gateway Buy

September 15, 2022
Banc of California has bought the payments platform and tech of Global Payroll Gateway and its subsidiary Deepstack, giving it a one-stop shop solution for payments for merchants to get...

Banc of California Considers Further Backing of FinTech Finexio

November 01, 2021
After participating in FinTech Finexio’s recent $8 million funding round, Banc of California is mulling the possibility of investing in the startup once again. “We’re the only bank that’s invested...