Announced
Financials
Sources
Tags
Pending
United States
financial sercives
Acquisition
Single Bidder
Consumer Lending
Domestic
Friendly
Majority
Private
Synopsis
SaverLife, a nonprofit fintech focused on building financial security for low-income Americans, agreed to acquire Onward Financial, a non-profit whose employer-sponsored mobile savings app enables workers of all income levels to build financial security. Financial terms were not disclosed. “Acquiring Onward will take our employer-facing products to the next level, allowing us to do even more to reach this important market segment," Leigh Phillips, SaverLife CEO.
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