(5 November 2025 – Global) United Fintech has made its seventh acquisition, taking over commercial lending platform Trade Ledger in an all-share transaction.
The deal strengthens United Fintech’s position in digital commercial banking infrastructure, adding Trade Ledger’s AI-driven lending capabilities and clients such as Barclays and Bank of Queensland to its portfolio.
“Together with our acquisition of Commercial Banking Applications (CBA) earlier this year, we’re now building the most complete digital infrastructure for commercial banking, from lending and trade finance to payments,” said Christian Frahm, founder and CEO of United Fintech. “Through the United Fintech ecosystem, we’re scaling this innovation globally to give financial institutions the intelligent infrastructure they need to thrive in the AI era.”
Founded in 2016 and headquartered in London, Trade Ledger enables banks to automate and accelerate business lending decisions. CEO Martin McCann said the merger provides “the expertise, scale, and global reach to deliver impact faster than we could alone,” adding that becoming shareholders in United Fintech reflects their belief “in the long-term value of being part of something bigger.”
United Fintech, founded in 2020, has now acquired seven fintech firms, including Cobalt, FairXchange, TTMZero, Athena Systems, NetDania, and Commercial Banking Applications (CBA), as it continues its strategy of consolidating fintech innovation for capital markets and wholesale banking.