Financial and Business News

United Fintech Snaps Up AI Lender Trade Ledger in Share Swap

Wednesday, 05/11/2025 | 08:12 GMT by Damian Chmiel
  • The acquisition follows CBA purchase earlier this year as group builds banking infrastructure portfolio.
  • Trade Ledger's founders exchanged equity for United Fintech shares and will continue operating the business independently.
United Fintech

United Fintech has taken full ownership of Trade Ledger, an AI-focused lending automation platform that counts Barclays and Bank of Queensland among its clients.

United Fintech Acquires Trade Ledger in All-Share Deal

The transaction, structured as an all-share deal, brings Trade Ledger's commercial lending technology into United Fintech's commercial banking division. Trade Ledger's founding team exchanged their equity for shares in the acquiring company and will continue running the business under its existing brand.

The London-based target company built its platform around automated loan origination and underwriting processes. Banks using the system can process commercial lending applications through AI-driven workflows rather than manual review processes.

Christian Frahm, Founder & CEO at United Fintech
Christian Frahm, Founder & CEO at United Fintech

“Trade Ledger CEO and Co-Founder Martin McCann and his team have built exceptional technology that transforms lending into a real-time, data-driven experience for customers,” Christian Frahm, who founded United Fintech in 2020, said.

Second Banking Technology Purchase This Year

United Fintech bought CBA earlier in 2025, adding payments and trade finance tools to its portfolio. The Trade Ledger deal extends that commercial banking footprint into lending operations.

Frahm added that combined technologies create what he described as comprehensive digital infrastructure for commercial banking operations. The group now offers tools spanning lending, trade finance and payments.

Banks have been seeking automation tools for credit decisions and workflow management, particularly as AI capabilities advance. United Fintech positions itself as an aggregator of fintech solutions, letting financial institutions access multiple tools through a single procurement relationship.

Platform Retains Independence Within Buyer's Structure

Martin McCann
Martin McCann

Trade Ledger will keep its leadership team and operate as a distinct unit. McCann remains CEO and cited the acquisition as a path to faster scaling than the company could achieve independently.

“By becoming part of United Fintech , we gain the expertise, scale, and global reach to accelerate that vision and deliver impact faster than we could alone,” McCann said.

The Sydney-founded company, which relocated its headquarters to London, launched in 2016. Its platform uses proprietary data models to handle portfolio management alongside the origination and underwriting functions.

United Fintech's investor base includes BNP Paribas, Citi, Danske Bank and Standard Chartered. The company acquires and integrates fintech products, then offers them to financial institutions through its ecosystem model.

Financial terms beyond the share-exchange structure were not disclosed.

United Fintech has taken full ownership of Trade Ledger, an AI-focused lending automation platform that counts Barclays and Bank of Queensland among its clients.

United Fintech Acquires Trade Ledger in All-Share Deal

The transaction, structured as an all-share deal, brings Trade Ledger's commercial lending technology into United Fintech's commercial banking division. Trade Ledger's founding team exchanged their equity for shares in the acquiring company and will continue running the business under its existing brand.

The London-based target company built its platform around automated loan origination and underwriting processes. Banks using the system can process commercial lending applications through AI-driven workflows rather than manual review processes.

Christian Frahm, Founder & CEO at United Fintech
Christian Frahm, Founder & CEO at United Fintech

“Trade Ledger CEO and Co-Founder Martin McCann and his team have built exceptional technology that transforms lending into a real-time, data-driven experience for customers,” Christian Frahm, who founded United Fintech in 2020, said.

Second Banking Technology Purchase This Year

United Fintech bought CBA earlier in 2025, adding payments and trade finance tools to its portfolio. The Trade Ledger deal extends that commercial banking footprint into lending operations.

Frahm added that combined technologies create what he described as comprehensive digital infrastructure for commercial banking operations. The group now offers tools spanning lending, trade finance and payments.

Banks have been seeking automation tools for credit decisions and workflow management, particularly as AI capabilities advance. United Fintech positions itself as an aggregator of fintech solutions, letting financial institutions access multiple tools through a single procurement relationship.

Platform Retains Independence Within Buyer's Structure

Martin McCann
Martin McCann

Trade Ledger will keep its leadership team and operate as a distinct unit. McCann remains CEO and cited the acquisition as a path to faster scaling than the company could achieve independently.

“By becoming part of United Fintech , we gain the expertise, scale, and global reach to accelerate that vision and deliver impact faster than we could alone,” McCann said.

The Sydney-founded company, which relocated its headquarters to London, launched in 2016. Its platform uses proprietary data models to handle portfolio management alongside the origination and underwriting functions.

United Fintech's investor base includes BNP Paribas, Citi, Danske Bank and Standard Chartered. The company acquires and integrates fintech products, then offers them to financial institutions through its ecosystem model.

Financial terms beyond the share-exchange structure were not disclosed.

Topics
United Fintech
Acquisition
About the Author: Damian Chmiel
Damian Chmiel
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Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.

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