Ant Money / Blast 2021
Ant Money acquired Blast on December 22, 2021.
- Target
- Blast
- Acquirer
- Ant Money
- Announced
- December 22, 2021
- Sub-sector
- Embedded Finance
Transaction overview
- Ant Money announced the acquisition of Blast on December 22, 2021.
- The deal is expected to close pending customary conditions.
Strategic rationale
Consolidate three investment-focused apps under unified platform to reduce CAC and scale embedded investment accounts.
Deal terms & multiples
Frequently asked questions
When did Ant Money announce the acquisition of Blast?
Ant Money announced the acquisition of Blast on December 22, 2021.
What sub-sector is Blast in?
Blast is tracked in the Embedded Finance sub-sector.
Sources
- techcrunch.com /2021/12/22/serial-fintech-founder-raises-20m-for-ant-money-to-make-investing-even-more-accessible/