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MVB Acquires Majority Interest in Trabian Technology, Inc.
MVB Financial Corp. ( MVB, MVB Financial ) (Nasdaq: MVBF), the holding company for MVB Bank, Inc. ( MVB Bank ), announced today its acquisition by MVB Bank of a majority interest in Trabian Technology, Inc. ( Trabian ), a leading software development firm serving financial institutions.
Founded in 2003, Trabian builds digital products, web and mobile applications for forward-thinking community banks, credit unions, digital banks and Fintechs. In pursuing its mission to create technology to accelerate community finance, Trabian has created technology platforms that have been instrumental to the success of many of today s leading Fintech companies. The acquisition of Trabian will significantly enhance our expanding Fintech vertical by putting more Tech in our Fin, said Larry F. Mazza, President and CEO, MVB Financial. Trabian s well-established reputation and nearly two decades of Fintech experience carry with it