ATB Financial acquires Grow Technologies
Canada’s ATB Financial plans to enhance its digital services following the acquisition of Grow Technologies, reports Jane Connolly.
The technology assets acquired include Grow’s digital account and loan origination platform, FinSnap financial insights technology and other proprietary digital banking solutions.
ATB’s customers can expect to see an “easy-to-use and time-saving digital platform” in the next few months.
“For over 81 years, ATB Financial has offered the best financial advice, banking solutions and services for Albertans,” says Curtis Stange, president and CEO of ATB Financial. “With the Grow assets and team, we are strengthening that position by accelerating our digital experience for our customers. This acquisition is part of our strategy of putting customers first while driving growth to support Alberta’s economy.”
Grow founder and CEO Kevin Sandhu will join ATB, along with the majority of Grow’s team.