Axos Bank, the nationwide subsidiary of Axos Financial, Inc. (NYSE: AX), and Priority Rollfi, a payroll and benefits technology provider (NASDAQ: PRTH), today announced a new partnership to embed Rollfi’s modular, API-driven infrastructure into Axos’s business banking platform. The move follows a competitive RFP process and reinforces Axos Bank’s commitment to digital innovation in commercial banking.
Streamlining Payroll and Benefits for Business Clients
Through this collaboration, Axos Bank will integrate Rollfi’s white-label and embedded payroll and benefits technology directly within its digital banking ecosystem. The platform automates payroll processing, streamlines tax compliance, and connects employee benefits management, allowing commercial banking clients to manage more of their back-office operations in one place.
“Axos Bank continues to invest in technology that strengthens the digital experience for our commercial banking customers,” said Christian Santaniello, EVP, Head of Commercial Deposits and Treasury Management at Axos Bank. “By partnering with Rollfi, we’re advancing our goal of providing modern, integrated solutions that make back office management faster, easier, and more efficient.”
How Rollfi’s Technology Supports Integration
Rollfi’s platform is built for adaptability. Its Flow of Funds framework, combined with API-based and white-label solutions, allows financial institutions like Axos to deliver payroll and benefits functionality without maintaining their own systems. The technology also supports deposit retention optimization, helping banks manage cash flow while offering high-value services to clients.
“We’re proud to support Axos Bank as they modernize their back-office product stack,” said Kirubha Perumalsamy, Founder of Rollfi. “Our embedded payroll and benefits infrastructure is designed for financial institutions that want to deliver high-value business functionality without the burden of building or maintaining their own systems.”
Implications for Commercial Banking
The integration positions Axos Bank as a technology-forward commercial banking provider, offering clients a more seamless financial operations experience. By embedding payroll and benefits into the core banking platform, Axos can reduce administrative friction for businesses, enhance customer loyalty, and strengthen its digital value proposition.
The partnership also signals a growing trend in embedded finance, where banks integrate specialized third-party solutions to deliver broader services without building them in-house.
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