NewtekOne and Payroc form strategic alliance for merchant services

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NewtekOne, Inc. and Payroc Form Strategic Alliance

June 3, 2026 10:03 AM EDT

BOCA RATON, Fla., June 03, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) (NewtekOne) and Payroc WorldAccess, LLC (Payroc) announced today that they have formed a strategic alliance whereby Payroc will incorporate certain of NewtekOnes business and financial solutions into Payrocs menu of embedded business and financial solutions offered to its more than 190,000 active merchants.

After a thorough process of evaluating potential partners, Payroc selected NewtekOne as its strategic banking solutions partner for merchants on the Payroc platform. Payrocs merchants, which, in aggregate, produce more than $125 billion of card and ACH volume, will have access... More