LendingClub & Pagaya / Tally Technologies 2024
LendingClub and Pagaya acquired Tally Technologies on October 9, 2024.
- Target
- Tally Technologies
- Acquirer
- LendingClub and Pagaya
- Announced
- October 9, 2024
- Sub-sector
- Embedded Finance
Transaction overview
- LendingClub and Pagaya announced the acquisition of Tally Technologies on October 9, 2024.
- The deal is expected to close pending customary conditions.
Strategic rationale
Joint acquisition of intellectual property from credit card debt management fintech to expand embedded white-label B2B credit card debt management capabilities.
Deal terms & multiples
Frequently asked questions
When did LendingClub and Pagaya announce the acquisition of Tally Technologies?
LendingClub and Pagaya announced the acquisition of Tally Technologies on October 9, 2024.
What sub-sector is Tally Technologies in?
Tally Technologies is tracked in the Embedded Finance sub-sector.
Sources
- pymnts.com /news/b2b-payments/2024/unlocking-innovation-beyond-payments-tops-week-in-b2b/