Upbound Group to acquire Brigit for $460m.

Upbound Group, a technology and data-driven company that provides financial products for consumers, agreed to acquire Brigit, a financial platform that offers tools for cash advances, credit building, and financial management, for $460m. “Brigit has helped everyday Americans build a brighter financial future through a suite of innovative financial products that leverage cutting-edge cash flow technology. This transaction is a testament to our team’s continued passion for helping the underserved and our dedication to innovation. By combining forces with Upbound, we can accelerate our impact and better serve the millions of Americans who have been historically underserved by traditional financial institutions. Together, we are excited to widen our reach and bring financial freedom to even more people in need,” Zuben Mathews, Brigit Co-Founder & CEO.