Windsor Drake
Transaction · Lending · 2025

United Fintech / Trade Ledger 2025

United Fintech acquired Trade Ledger on November 6, 2025.

Target
Trade Ledger
Acquirer
United Fintech
Announced
November 6, 2025
Sub-sector
Lending

Transaction overview

  • United Fintech announced the acquisition of Trade Ledger on November 6, 2025.

Strategic rationale

AI-driven loan origination and underwriting automation expands United Fintech's commercial banking digital infrastructure alongside trade finance and payments.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 6, 2025
Acquirer
United Fintech (Strategic)
Sub-sector
Lending

Sources

Comparable transactions in Lending

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Kiavi Transaction Figure Technology Solutions $717M Lending June 10, 2026
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Stilt Transaction JG Wentworth Lending December 5, 2022
SocietyOne Transaction MoneyMe Lending December 17, 2021
AIB UK Small Business Loan Book Transaction Allica Bank Lending November 23, 2021

Other deals by United Fintech

Primary Event type Counterparty Value Sub-sector Date
Cobalt Transaction United Fintech Crypto / Digital Assets December 19, 2022
FairXchange Transaction United Fintech Capital Markets Tech November 23, 2021
NetDania Transaction United Fintech Capital Markets Tech November 12, 2020