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Synopsis
Upbound Group, a technology and data-driven company that provides financial products for consumers, completed the acquisition of Brigit, a financial platform that offers tools for cash advances, credit building, and financial management, for $460m. “Today’s acquisition of Brigit marks a significant step forward in Upbound’s execution of its growth strategies and mission to empower even more underserved consumers with a complementary set of leading financial solutions that meet their needs. By combining Brigit’s innovative technology, customer-centric approach and talented team with our company, we are enhancing our ability to create a more personalized customer experience and to deliver, at the right time and through the right channels, a wider range of targeted solutions for consumers. We are thrilled to welcome the Brigit team to Upbound,” Mitch Fadel Upbound CEO.
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