NewtekOne adds Zelle® to its Real Time Payments Platform for Payroll, Merchant Services, and Inbound and Outbound Electronic Payments
NewtekOne (NEWT) announced that its Newtek Bank subsidiary has launched Zelle for eligible small business banking clients through its digital banking service.
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Rhea-AI Summary
NewtekOne (NEWT) announced that its Newtek Bank subsidiary has launched Zelle for eligible small business banking clients through its digital banking service. Clients can send and receive money between U.S. bank accounts using an email address or U.S. mobile number, typically within minutes for enrolled users.
Newtek Bank has also joined the FedNow and The Clearing House RTP receiving networks, allowing clients to receive instant payments after hours and on weekends, with funds credited the same day. The Newtek Advantage portal also supports payroll with same-day employee access to funds. The company positions the Zelle launch within its broader initiative to expand real-time payments through its newly branded Newtek Real-Time Payment Solutions platform and a single online portal.
News Explained
Zelle’s disclosed network scale is
Key Figures
- Eligible small-business accounts
- 8.3 million
- Accounts that sent or received payments with Zelle in the first half of the year
- Payment volume
- More than $200 billion
- Sent or received with Zelle by enrolled eligible small-business accounts in the first half of the year
- Financial institutions
- 2,400
- Banks and credit unions offering Zelle
Historical Context
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Expanded accounting-platform connectivity and same-day settlement and payroll through Newtek Advantage.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
p2p technical
forward-looking statements regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
BOCA RATON, Fla., Oct. 19, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) (“NewtekOne” or the “Company”) announced that its bank subsidiary, Newtek Bank, N.A. (“Newtek Bank”), has launched Zelle® for eligible small business banking clients, enabling a fast, reliable way to send and receive payments through Newtek Bank’s digital banking experience. Offering Zelle to eligible small business banking clients reinforces NewtekOne’s commitment to delivering integrated banking, payments and business solutions that help independent business owners grow revenue, reduce expenses, and reduce risk.
“We are pleased to offer Zelle to our eligible small business banking clients,” said Barry Sloane, Chief Executive Officer of NewtekOne. “Independent business owners increasingly expect the ability to reliably send and receive money, whether paying vendors, receiving payments from customers or managing day-to-day cash flow. Our eligible small business banking clients can use Zelle as another convenient way to manage payments and support their everyday business needs.”
The Newtek Advantage® online business portal brings together banking, analytics, payments, lending, payroll and insurance tools. Through the portal, business owners can run payroll and make funds available to employees the same day. Newtek Bank has also joined the FedNow and The Clearing House RTP receiving networks. Clients can receive instant payments after hours and on weekends, with funds credited to their Newtek Bank accounts the same day.
Zelle is one of the most relied-on digital payment networks in the U.S., enabling consumers and small businesses to send over
Unlike third-party P2P apps, Zelle doesn’t require users to share private bank account information. Money moves between U.S. bank accounts — typically within minutes to enrolled users— using only an email address or U.S. mobile number.
The availability of Zelle for eligible small business banking clients aligns with NewtekOne's broader initiative to expand real-time payment capabilities and further develop its newly branded Newtek Real-Time Payment Solutions platform. The platform seeks to provide clients with reliable money movement and payment processing capabilities through a single relationship on a single portal — the Newtek Advantage® — giving the customer business data and analytics and the ability to send and receive money in real time across a variety of payment rails, and fully integrating into QuickBooks, making for a powerful tool for the independent business owner.
About NewtekOne, Inc.
NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, “NewtekOne”), provides a wide range of business and financial solutions under the Newtek® brand to independent business owners. Since 1999, NewtekOne has provided state-of-the-art, cost-efficient products and services and efficient business strategies to independent business owners across all 50 states to help them grow their sales, control their expenses, and reduce their risk.
NewtekOne’s and its subsidiaries’ business and financial solutions include: Banking (Newtek Bank, N.A.), Business Lending, SBA Lending Solutions, Electronic Payment Processing, Accounts Receivable Financing & Inventory Financing, Insurance Solutions and Payroll and Benefits Solutions. In addition, NewtekOne offers its clients the Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting and Web Services) provided by Intelligent Protection Management Corp. (IPM.com)
Newtek®, NewtekOne®, Newtek Bank®, National Association, Your Business Solutions Company®, One Solution for All Your Business Needs® and Newtek Advantage® are registered trademarks of NewtekOne, Inc.
About Zelle®
Zelle® powers fast, reliable person-to-person digital payments, moving more than
Note Regarding Forward-Looking Statements
Certain statements in this press release are “forward-looking statements” within the meaning of the rules and regulations of the Private Securities Litigation and Reform Act of 1995 are based on the current beliefs and expectations of NewtekOne's management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements. See “Note Regarding Forward-Looking Statements” and the sections entitled “Risk Factors” in our filings with the Securities and Exchange Commission which are available on NewtekOne's website (https://investor.newtekbusinessservices.com/sec-filings) and on the Securities and Exchange Commission’s website (www.sec.gov). Any forward-looking statements made by or on behalf of NewtekOne speak only as to the date they are made, and NewtekOne does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.
SOURCE: NewtekOne, Inc.
Media Contacts:
NewtekOne, Inc.
Contact: Bryce Rowe
Telephone: (212) 273-8292 / browe@newtekone.com
Zelle
Sidney McKenzie
Sidney.Mckenzie@earlywarning.com
(646) 276 - 0405