U.S. Bank Acquires Bento Technologies (Bento for Business)

August 11, 2021

U.S. Bank has agreed to acquire Bento Technologies (Bento for Business), a fintech company that provides card-based payments and automated expense management for small and mid-size businesses. The acquisition is intended to integrate Bento’s accounts-payable and expense management capabilities with U.S. Bank’s existing payments and receivables solutions to offer a more comprehensive cash-management experience for SMB clients.

Buyers
U.S. Bank (U.S. Bancorp)
Targets
Bento Technologies (Bento for Business)
Location
Illinois, United States
Transaction Type
Buyout

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