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Arc sees 12X originations growth after SVB collapse

Bank Automation Summit U.S. 2024

Vaidik TrivedibyVaidik Trivedi
March 18, 2024
in Banking
Reading Time: 2 mins read
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NASHVILLE, Tenn. — Arc Technologies charted a 12X increase in loan originations year over year in 2023, as it gained customers and deposits when businesses looked to pivot to new banking partners after the collapse of Silicon Valley Bank. One year after the banking crisis, digital bank Arc is on track for “billions in deposits […]

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Tags: Arc TechnologiesBAS US24digital bankingPremiumSilicon Valley Bank
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