LendingClub Bank & Pagaya / Tally 2024
LendingClub Bank and Pagaya Technologies acquired Tally on October 9, 2024.
- Target
- Tally
- Acquirer
- LendingClub Bank and Pagaya Technologies
- Announced
- October 9, 2024
- Sub-sector
- Lending Tech (Consumer)
Transaction overview
- LendingClub Bank and Pagaya Technologies announced the acquisition of Tally on October 9, 2024.
- The deal is expected to close pending customary conditions.
Strategic rationale
LendingClub acquires consumer credit management assets to enhance debt management platform; Pagaya acquires B2B offering to extend white-labeled debt management to lending clients.
Deal terms & multiples
Frequently asked questions
When did LendingClub Bank and Pagaya Technologies announce the acquisition of Tally?
LendingClub Bank and Pagaya Technologies announced the acquisition of Tally on October 9, 2024.
What sub-sector is Tally in?
Tally is tracked in the Lending Tech (Consumer) sub-sector.
Sources
- americanbanker.com /news/lendingclub-bank-pagaya-acquire-assets-of-fintech-tally