Xactus Expands Intelligent Verification Solutions with Baleen Acquisition

Xactus, a leading fintech firm specialized in verification solutions, has taken a significant step forward by acquiring Baleen Solutions, a company known for its automated self-employed income analysis technology. This acquisition, announced on February 2, 2026, marks a pivotal enhancement to Xactus's Intelligent Verification Platform™, known as Xactus360. This integration introduces a new advanced product dubbed Income CalculationX, which promises to streamline income evaluation for organizations that deal with complex financial scenarios.

In today’s evolving financial landscape, an increasing number of Americans—nearly 40%—report earning from multiple income streams. This trend highlights the growing necessity for flexible, efficient, and transparent methods for income analysis, particularly for self-employed individuals. Xactus recognizes this need and aims to support financial organizations in adapting to the changing profiles of borrowers while enhancing the speed and accuracy of income assessments.

According to Shelley Leonard, President of Xactus, the intricacies involved in evaluating self-employed income have posed significant challenges in the financial sector. With the acquisition of Baleen, Xactus enhances its capacity to deliver intelligent verification solutions efficiently, allowing clients to reduce manual processing and improve transparency during the income verification process.

Baleen’s proprietary technology automates income analysis by swiftly extracting and organizing information from important tax documents. Once integrated into the Xactus360 platform, Income CalculationX will utilize Baleen's automated systems and machine-driven document recognition, operating with minimal human intervention. This not only optimizes the workflow between loan originators and underwriters but also establishes a fully auditable process, a critical factor in maintaining compliance within the financial services industry.

The collaboration between Baleen and Fannie Mae, aimed at improving income calculation workflows, adds another layer of reliability to this integration, making it a valuable asset for lenders seeking more efficient practices.

Zac Campeau, CEO of Baleen Solutions, expressed excitement over the acquisition, stating that it aligns with a vision to modernize verification techniques through advanced technology that offers quicker, more consistent, and thoroughly auditable outcomes. This seamless union of automation and verification aims to transform the approach organizations take when analyzing income, particularly in light of the increasingly complex financial environments they face today.

By integrating this specialized technology into a cohesive, configurable ecosystem, Xactus is working diligently to eliminate fragmented workflows that have historically hampered efficiency. This advancement underlines Xactus's commitment to pioneering verification solutions that accommodate borrower complexity and adapt to the ever-evolving market conditions, thereby reinforcing its market-leading position in the financial services sector.

About Baleen Solutions

Baleen Solutions stands out as a fintech provider focused on automatic income analysis dedicated to self-employed individuals. By employing machine vision and advanced data processing, Baleen delivers rapid, precise, and auditable income insights that empower lenders, tax professionals, and wealth management organizations to make informed decisions.

About Xactus

Xactus is recognized as an innovator in verification solutions, dedicated to advancing intelligent verification across financial services. Through its proprietary Xactus360 platform, the company offers cutting-edge data and technology solutions that accelerate decision-making processes while increasing efficiency and reducing operational burdens. With its strong focus on automation and accuracy, Xactus continues to redefine verification standards and improve outcomes amidst complex financial decisions.

For further details on this acquisition and the capabilities of Xactus360, visit xactus.com or connect via email at [email protected]. For media inquiries, reach out to [email protected].