Strategic Insights into Banking & Fintech

MVB in West Virginia sells majority stake in fintech Trabian Technology

MVB Financial in Fairmont, W.Va., sold its ownership in software development firm Trabian Technology.

The $3.1 billion-asset company said in a press release that the sale occurred in January. The price wasn’t disclosed.

MVB bought a majority stake in Trabian in April 2021. The fintech helped MVB create automated workflows for card transaction data.

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