NewtekOne (NASDAQ: NEWT) and Payroc formed a strategic alliance on June 3, 2026. Payroc will embed NewtekOne’s banking, lending, payroll, and insurance solutions into its platform, giving over 190,000 merchants, processing more than $125 billion in card and ACH volume, access to these services.
Offerings include business loans from $5,000 to $15 million with 10–25 year amortization, zero-fee business banking with 1% checking and 3.50% savings rates, real-time payroll, and commercial insurance, all tracked through NewtekOne’s NewTracker system.
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Positive
Distribution of NewtekOne solutions through Payroc’s 190,000+ active merchant network
Exposure to merchants processing over $125 billion in annual card and ACH volume
Ability to offer loans from $5,000 to $15 million via Payroc platform
Long-term loan amortization schedules of 10 to 25 years for merchants
Zero-fee business banking with 1% checking and 3.50% savings rates
Cross-selling payroll and commercial insurance solutions to Payroc merchants
Negative
None.
News Market Reaction – NEWT
-7.26%
-7.26%News Effect
On the day this news was published, NEWT declined 7.26%, reflecting a notable negative market reaction.
The stock moved -7.3% in the session following this news. A negative reaction despite this alliance ...
Analysis
The stock moved -7.3% in the session following this news. A negative reaction despite this alliance could reflect concerns about execution risk or the time required to monetize Payroc’s 190,000+ merchants and over $125 billion in volume. Historically, partnership headlines have produced only modest moves of about 0.35%, so a sharp decline would not mirror past behavior. Monitoring actual loan uptake, deposit growth and usage of real-time payroll on the Payroc platform would be important.
Key Figures
Active merchants:more than 190,000 merchantsPayments volume:more than $125 billionLoan size range:$5 thousand to $15 million+3 more
6 metrics
Active merchantsmore than 190,000 merchantsPayroc merchant base gaining access to NewtekOne solutions
Payments volumemore than $125 billionAggregate annual card and ACH volume of Payroc merchants
Loan size range$5 thousand to $15 millionNewtekOne financing solutions available to Payroc merchants
Loan amortization10 to 25 yearsNewtekOne’s signature amortization schedule for merchant loans
Business checking rate1%Interest rate on Newtek Zero-Fee Business Banking checking account
Business savings rate3.50%Interest rate on Newtek Zero-Fee Business Banking savings account
Recognition for effective bank–fintech partnership driving digital deposit growth.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Limited partnership history: prior partnership news saw a modest positive move of about 0.35%, indicating mildly constructive but not explosive reactions.
Recent Company History
This announcement fits NewtekOne’s focus on technology-enabled partnerships and distribution. In April 2026, the company reported stronger EPS and balance sheet metrics, alongside securitization activity and shifted funding to Newtek Bank, N.A. It also expanded instant payment capabilities via FedNow and RTP in May 2026. A prior recognized bank–fintech partnership with Apiture in December 2024 supported digital growth, and today’s Payroc alliance similarly extends NewtekOne’s embedded banking and lending reach to small-business clients.
Key Terms
ach, embedded business and financial solutions, amortization schedule, depository solutions, +1 more
5 terms
achfinancial
"produce more than $125 billion of card and ACH volume, will have access"
ACH (Automated Clearing House) is an electronic network banks use to move money between accounts, like a digital mail carrier that delivers payroll, dividends, bill payments and other transfers. Investors care because ACH affects how quickly a company can pay shareholders, collect revenue or move cash for operations; slower or disrupted ACH flows can change available cash, timing of dividends and short-term liquidity assumptions.
embedded business and financial solutionsfinancial
"menu of embedded business and financial solutions offered to its more"
Embedded business and financial solutions are software tools and services built directly into a company’s products or platforms to handle tasks like payments, lending, invoicing, analytics or payroll without forcing customers to leave the service. Think of it as a shop that not only sells a tool but also offers the checkout, financing and receipts all inside the same app. For investors, these capabilities can boost customer retention, create recurring revenue streams and widen profit margins by turning a one-time sale into ongoing services.
amortization schedulefinancial
"loans from $5 thousand to $15 million and NewtekOne’s signature 10 to 25-year amortization schedule"
A schedule that lays out each planned payment on a loan or debt over its life, showing how much of each payment reduces the original amount owed and how much pays the borrowing cost. Investors use it like a repayment roadmap to see when cash will be required, how quickly debt will shrink, and how interest costs affect a company’s future cash flow and profitability — important for valuing a business or assessing financial risk.
depository solutionsfinancial
"Payroc’s merchants will also be offered depository solutions such as the Newtek"
Services and systems that provide secure storage, record-keeping and transaction handling for securities, cash and other financial assets, often including electronic custody, settlement and reporting. Think of it as a bank’s safe-deposit box plus its ledger and clerk all in one: it keeps ownership records accurate, moves assets when trades happen, and produces statements. Reliable depository solutions reduce the risk of lost assets, settlement delays or accounting errors, which directly affects investor trust and liquidity.
balloon paymentsfinancial
"10 to 25 years and without risk of balloon payments. On top of getting"
A balloon payment is a large, single lump-sum repayment due at the end of a loan after a series of smaller periodic payments. Think of it like paying mostly interest or small installments for years and then facing one big bill at the finish; for investors, balloon payments matter because they create refinancing and default risk, can change expected cash flows, and affect the value and creditworthiness of debt and companies that must make that large final payout.
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 NewtekOne’s business and financial solutions into Payroc’s 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. Payroc’s merchants, which, in aggregate, produce more than $125 billion of card and ACH volume, will have access to NewtekOne’s financing solutions with loans from $5 thousand to $15 million and NewtekOne’s signature 10 to 25-year amortization schedule; those financing solutions include the Newtek Seven Day Business Loan™ and the Newtek Triple Play™. Payroc’s merchants will also be offered depository solutions such as the Newtek Zero-Fee Business Banking® account, which includes a business checking account paying 1%, a business savings account with a 3.50% rate, and a Visa-branded Newtek Bank debit card. In addition, Payroc’s alliance with NewtekOne will give merchants on the Payroc platform real-time payroll functionality (giving businesses the ability to execute same day payroll) and a complete set of commercial insurance products for those merchants to mitigate risk.
Commenting on the new alliance, Barry Sloane, Chief Executive Officer, President and Chairman, of NewtekOne, said, “We are thrilled to partner with Payroc and are excited that Payroc’s network now has access to what we believe to be best-in-class solutions that NewtekOne offers, including the Newtek Advantage®. In Payroc’s process to identify a preferred embedded finance partner, we demonstrated to the Payroc team that NewtekOne could offer its clients the ability to move money in real time with wire capability and same-day payroll, superior transactional capabilities, data and analytics, as well as attractively priced and structured loans. We refer to our loans as ‘adult’ loans with amortization periods of 10 to 25 years and without risk of balloon payments. On top of getting access to NewtekOne’s menu of solutions, we provide complete transparency to Payroc’s management team and its own set of alliance partners via our internally developed NewTracker® processing system, which tracks referrals from application to close, ensuring Payroc’s clients receive the highest level of customer service.”
James Oberman, Payroc’s Chief Executive Officer, said, “Payroc has always been committed to being more than a payment processor. We're strategic partners to the businesses we serve, and our alliance with NewtekOne is a natural extension of that commitment. By embedding best-in-class banking, lending, and insurance solutions directly into the Payroc platform, we're removing friction and creating real, measurable value for our merchants across North America and beyond.”
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.
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 Payroc
Founded in 2003, Payroc WorldAccess, LLC, is a global payments ecosystem that helps businesses accept payments and optimize commerce. Payroc ranks among the top merchant acquirers in North America, processing more than $125 billion in card volume annually and operating across 47 regions with direct connections to the major card networks. Its proprietary full-stack technology supports vertically tailored card-present, card-not-present, and omnichannel solutions for software providers, financial institutions, and merchants of all sizes. With a focus on innovation, scalability, and award-winning support, Payroc makes payments seamless and drives growth for clients worldwide. For more information, visit payroc.com. Disclaimer: Banking products referenced herein are offered by Newtek Bank, N.A., Member FDIC. Insurance products are offered through licensed insurance subsidiary of NewtekOne, Inc. Neither Payroc WorldAccess, LLC nor any of its subsidiaries is a bank, lender, or insurance provider.
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 withthe 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.
What did NewtekOne (NASDAQ: NEWT) and Payroc announce on June 3, 2026?
NewtekOne and Payroc announced a strategic alliance to embed NewtekOne’s banking, lending, payroll, and insurance solutions into the Payroc platform. According to NewtekOne, these services will be available to more than 190,000 active Payroc merchants across North America and other markets.
How many merchants and how much payment volume are covered by the NewtekOne and Payroc alliance?
The alliance gives NewtekOne access to over 190,000 active Payroc merchants producing more than $125 billion in card and ACH volume. According to NewtekOne, these merchants can access embedded financing, depository, payroll, and insurance solutions directly through the Payroc platform.
What financing solutions will NewtekOne offer to Payroc merchants under the NEWT strategic alliance?
NewtekOne will provide loans from $5,000 to $15 million, including the Newtek Seven Day Business Loan and Newtek Triple Play. According to NewtekOne, these loans feature 10 to 25-year amortization schedules designed to avoid balloon payments for Payroc merchants.
What banking products are included for Payroc merchants in the NewtekOne (NEWT) partnership?
Payroc merchants will be offered the Newtek Zero-Fee Business Banking account with checking and savings features. According to NewtekOne, this includes a business checking account paying 1%, a savings account at 3.50%, and a Visa-branded Newtek Bank debit card.
Does the NewtekOne and Payroc deal include payroll services for merchants?
Yes, the alliance includes real-time payroll functionality for merchants on the Payroc platform. According to NewtekOne, businesses will have the ability to execute same-day payroll, integrating payroll services alongside lending, banking, and insurance solutions in one embedded environment.
What insurance solutions will Payroc merchants receive through the NewtekOne strategic alliance?
Payroc merchants will gain access to a complete set of commercial insurance products through NewtekOne. According to NewtekOne, these insurance offerings are intended to help merchants mitigate operational risks while using the embedded banking, lending, and payroll capabilities within the Payroc platform.
How will NewtekOne track and manage referrals from the Payroc merchant network?
NewtekOne will use its internally developed NewTracker processing system to manage referrals. According to NewtekOne, NewTracker tracks merchant referrals from application to close and provides transparency for Payroc’s management and alliance partners, aiming to support high levels of customer service.
