ATB Financial announced on Nov. 8 that it has acquired the technology assets of Grow Technologies Inc., a fintech company
The assets acquired include Grow's digital account and loan origination platform, FinSnap financial insights technology, and other digital banking technology solutions.
With this acquisition, customers will soon have access to an easy-to-use and time-saving digital platform, says ATB.
Driving growth
"For over 81 years, ATB Financial has offered the best financial advice, banking solutions and services for Albertans," said 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."
ATB Financial says the majority of Grow's team members, including founder and CEO Kevin Sandhu, will transition to the ATB team.
