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New Deal


Announced

Completed

Twig completed the acquisition of Vybe Technologies.

Financials

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

Tags

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Acquisition

Friendly

Private

Completed

payments

Single Bidder

Payments / Commerce

France

Cross Border

Majority

Synopsis

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Twig, a fintech startup that provides a mobile banking app, completed the acquisition of Vybe Technologies, a provider of teen banking services. Financial terms were not disclosed. “We are so excited to be taking this step forward, and are confident that it will help us expand our reach to even more customers. With technology Vybe team built, we are able to offer our users a more comprehensive suite of services, including teen banking and financial literacy education. This will help us better serve the Gen Z audience, and provide them with the tools they need to be successful in their financial lives," Geri Cupi, Twig CEO.

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