Affirm Acquires Sweep for Undisclosed Sum
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=842dc015-fff1-4a62-a4fc-3140a5858153 - Date
4/27/2016 - Company Name
Sweep - Mailing Address
133 1/2 E. Franklin St. Chapel Hill, NC 27514 USA - Company Description
We believe everyone should be able to live a financially independent and fulfilling life. We think we can help by building useful tools to help people plan for the future, manage their finances, and ultimately live easier and more enjoyable lives. - Website
http://www.sweep.co - Transaction Type
M&A - Transaction Amount
Undisclosed - Transaction Round
- Proceeds Purposes
- M&A Terms
Affirm wants to expand into services outside of lending, with the goal that users would use these services more often than they use Affirm’s loan product – maybe even on a daily basis. Financial terms of the transaction were not disclosed by the companies.
