Deal snapshot: PURPOSE FINANCIAL ACQUIRES CREDITGENIE TO ACCELERATE EXPANSION ACROSS US/CANADA.
MANews-(C)2009-2019
Canada-based financial services firm Purpose Financial has acquired Canadian technology company CreditGenie Inc. that aims to disrupt the point-of-sale financing experience for merchants and consumers, the company said.
The acquisition of CreditGenie follows Purpose's investment in the building of Ario, a Toronto-based banking-as-a-service technology platform provider, and its March 2018 acquisition of Thinking Capital, Canada's leading alternative small business financing provider.
Country: Canada
Sector: Banking/Financial Services
Target: CreditGenie Inc
Buyer...
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