NewtekOne, Inc. operates as a financial holding firm, specializing in delivering a comprehensive suite of business and financial solutions. Its diverse portfolio encompasses several key brands, including Newtek Bank, Newtek Lending, Newtek Payments, Newtek Insurance, Newtek Payroll, and Newtek Technology. Barry Sloane founded the company in 1998, and it maintains its corporate headquarters in Boca Raton, Florida.
Newtek Bank Expands Connected Banking Capabilities Across Leading Accounting and Business Applications
NewtekOne's bank subsidiary Newtek Bank expanded connectivity with leading accounting and business applications including Sage, Xero, FreshBooks and Restaurant365, building on existing QuickBooks integration.
The company says the integrations cover accounting platforms representing approximately 85% of the U.S. small-business accounting software market, all accessible through its patent-pending Newtek Advantage portal.
The move is a modest product-ecosystem enhancement supporting Newtek's same-day settlement payments and payroll offerings; no financial metrics or guidance impact were disclosed.