Newtek Bank Added Accounting Software Integrations

Small-business owners can now link their bank accounts to more software platforms to streamline daily operations.

Updated on Sept. 28, 2026 in Banking

Isometric editorial illustration of a brass bank key resting on blank, bound ledger sheets, evoking the streamlining of business financial data. — Newtek Bank has expanded its digital service suite, enabling small-business customers to integrate banking data directly with accounting platforms like Sage and Xero. AI Illustration. Upload story photo >

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Newtek Bank has expanded its digital integration services, connecting accounts to platforms including Sage, Xero, FreshBooks, and Restaurant365. These new connections join existing services like QuickBooks to support small-business owners across the United States.

Why it matters

These integrations aim to link banking data directly with the systems small businesses use to manage daily operations. By automating the flow of transactional and payment information, the bank intends to reduce the administrative burden of manual financial reconciliation for business owners.

The expanded integrations cover accounting platforms that account for 85% of the U.S. small-business market. These tools now connect with the Newtek Advantage portal to sync transactional data.

The players

Newtek Bank

A financial institution based in Boca Raton, Florida, that provides banking and business services through its Newtek Advantage portal.

The details

Newtek Bank utilizes its Newtek Advantage customer portal to connect transactional banking and payment information directly into third-party business software. In addition to accounting platforms, the bank supports business tools like 1-800Accountant, Expensify, AppFolio, and BILL. These connections enable functions such as same-day payroll execution and merchant proceeds settlement, which the bank processes seven days a week.

September 28, 2026: Newtek Bank announced the expanded application integration.

Money Landscape

Financial institutions are increasingly prioritizing seamless digital connectivity to compete for small-business deposits. This move reflects a broader trend of integrating banking services directly into the operational software suites used by businesses to manage their daily workflows.

Business owners should review their existing accounting software subscriptions to determine if their current platforms are now compatible with Newtek Bank for automated data syncing. Consult with your accountant or financial professional to confirm whether these new integrations can simplify your firm's specific reconciliation and payroll processes.

The takeaway

Direct integration between banking and accounting software can save significant time on manual record-keeping and payroll processing. Business owners should track whether these automated links lead to more accurate reporting during tax preparation by discussing the potential efficiencies with their accounting professionals.