Windsor Drake
Transaction · Neobank · 2026

Sunwest Bank acquires Nano Banc

Sunwest Bank acquired Nano Banc on September 25, 2026.

Target
Nano Banc
Acquirer
Sunwest Bank
Announced
September 25, 2026
Sub-sector
Neobank

Transaction overview

  • Sunwest Bank announced the acquisition of Nano Banc on September 25, 2026.

Strategic rationale

Sunwest Bank acquires Nano Banc in FDIC-assisted deal, signaling consolidation in neobank space.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
September 25, 2026
Acquirer
Sunwest Bank (Strategic)
Sub-sector
Neobank

Sources

  • prnewswire.com /news-releases/fdic-appoints-sunwest-bank-as-nano-bancs-acquiring-institution-302890681.html

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