Announced
Completed
Synopsis
Oportun, a firm engaged in providing financial services, completed the acquisition of Digit, a developer of a mobile application designed to help increase personal savings wisely, for $213m. “This is a transformational deal that will expand our addressable market, accelerate and diversify revenue growth, and position Oportun for even more future success. In Digit, we are purchasing a proven and scalable neobanking solution that gets us to market 3-5 years earlier than if we were to build it on our own," Raul Vazquez, Oportun CEO.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.