United Fintech, the digital transformation group for financial institutions, has acquired Trade Ledger, the tech firm behind an AI-enhanced solution that automates commercial and business lending. Trade Ledger brings to United Fintech a user-base that reportedly includes Barclays and Bank of Queensland, along with expertise in data-driven lending as well as commercial banking automation.
As indicated in the announcement, the company will retain its leadership and brand identity while becoming “an integral part of United Fintech’s expanding Commercial Banking division.”
The acquisition of Trade Ledger comes after United Fintech’s integration of CBA earlier this year, which introduced payments along with trade finance capabilities.
They highlight the demand from banks for AI-driven solutions and create synergies between payments and commercial banking tech, strengthening United Fintech’s position as a partner helping FIs automate workflows, improve credit decisioning, and enable ongoing digital transformation.
The acquisition is structured as “an all-share transaction, aligning the long-term interests of both companies.” As part of the deal, Trade Ledger’s founders have exchanged their shares “for equity in United Fintech, reflecting their confidence in the shared vision and future growth potential of the combined group.”
Trade Ledger provides the AI-native Agentic Platform for commercial banking, helping FIs transform their lending ecosystem.
The platform uses data models and advanced AI workflows to automate loan origination, underwriting, and portfolio management, “enabling banks to deploy capital more efficiently.”
The company was founded back in 2016 in Sydney, Australia and is presently headquartered in London, UK.
As noted in the update, United Fintech, founded in 2020, is described as being an industry-neutral digital transformation group that “brings financial institutions and fintechs together in a single ecosystem.”
By acquiring and integrating fintech solutions, United Fintech says that it simplifies procurement and accelerates deployment.
Backed by investors like BNP Paribas, Citi, Danske Bank, and Standard Chartered, United Fintech brings together capital markets expertise with tech advancements to help FIs address challenges and enable steady growth.