Announced
Completed
Synopsis
Prodege, an online consumer-rewards platform, completed its acquisition of Upromise, a college education-savings rewards business, from Sallie Mae, a publicly-traded US corporation that provides consumer banking. Financial terms were not disclosed. "In addition to welcoming another brand to our family of rewards platforms, we are excited to offer further earning and saving opportunities for our Upromise members who are proactively contributing to college education savings plans. Our partners will also benefit greatly from access to another consumer audience with the exceptional quality and service that they are accustomed to from Prodege," Chuck Davis, Prodege CEO & Chairman.
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