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Announced

Completed

TIFIN completed the acquisition of Amicus.io.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Majority

Single Bidder

Private

Domestic

Completed

fintech

Acquisition

United States

Friendly

FinTech

Synopsis

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TIFIN, a fintech platform applying artificial intelligence to wealth and asset management, completed the acquisition of Amicus.io, a founding company of DAF 2.0 and a white-label donor-advised fund offering originally designed for consumer banks. Financial terms were not disclosed. "As the industry is well aware, there are growing and urgent needs for wealth managers to personalize, incorporate values in investing, optimize taxes and connect with the next generation. Advisors can achieve all these objectives, all at the same time, with Louise. With the acquisition of Amicus, we now have a modern set of pipes powering Louise that allows all advisors to offer Louise to all their clients, regardless of size,” Vinay Nair, TIFIN CEO and founder.

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