Transaction · Neobank · 2021

Avail Finance / YeLo 2021

Avail Finance acquired YeLo on November 18, 2021.

Target
YeLo
Acquirer
Avail Finance
Announced
November 18, 2021
Sub-sector
Neobank

Transaction overview

  • Avail Finance announced the acquisition of YeLo on November 18, 2021.

Strategic rationale

Digital lending fintech acquires neobank to expand product capabilities and customer base in Indian market.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 18, 2021
Acquirer
Avail Finance (Strategic)
Sub-sector
Neobank

Sources