SoFi Technologies Acquires Wyndham Capital Mortgage
April 3, 2023
SoFi Technologies, Inc. completed an all-cash acquisition of Wyndham Capital Mortgage to scale its mortgage business by integrating Wyndham's talent and digital mortgage platform. The deal is intended to broaden SoFi's mortgage product suite, improve unit economics and reduce reliance on third-party partners, and is expected to be accretive within six months.
- Buyers
- SoFi Technologies, Inc.
- Targets
- Wyndham Capital Mortgage
- Industry
- Financial Services
- Location
- North Carolina, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
SoFi Technologies Acquires Technisys
March 4, 2022
Cloud & SaaS
SoFi Technologies, Inc. has completed its acquisition of Technisys S.à.r.l., a cloud-native multi-product core banking platform. The deal will integrate Technisys with SoFi's Galileo business to create an end-to-end, vertically integrated banking technology stack and expand SoFi's addressable market across Latin America and other regions.
-
SoFi Technologies Acquires Golden Pacific Bancorp, Inc.
February 2, 2022
Financial Services
SoFi Technologies, Inc. completed its acquisition of Golden Pacific Bancorp, Inc. and its subsidiary Golden Pacific Bank, N.A., a Sacramento-based community bank with approximately $150 million in assets and three branches. The bank has been renamed SoFi Bank, N.A.; SoFi will contribute $750 million in capital, pursue a national digital bank strategy, and roll out SoFi checking and savings products with competitive APYs while maintaining Golden Pacific's community banking footprint and leadership.
-
SoFi Acquires Galileo Financial Technologies
April 7, 2020
Payments & Fintech
SoFi (Social Finance, Inc.) agreed to acquire Galileo Financial Technologies for $1.2 billion in cash and stock. The purchase adds Galileo's payments and banking API platform to SoFi's technology stack to expand its product capabilities and distribution to Galileo partners; Galileo will operate as an independent SoFi subsidiary.
-
JG Wentworth Acquires Digital Lending Platform from Stilt Inc.
December 5, 2022
Payments & Fintech
JG Wentworth has acquired the digital consumer lending platform and related assets from San Francisco-based fintech Stilt Inc. The deal provides JG Wentworth with Stilt's lending and servicing technology, proprietary credit datasets and underwriting capabilities to accelerate its entry into consumer lending and begin originating loans in 1H 2023.
-
TriWest Capital Partners Acquires Majority Stake in Alta West Mortgage Capital
November 1, 2024
Financial Services
TriWest Capital Partners completed a majority equity investment in Alta West Mortgage Capital Corporation, partnering with the company's existing management team led by CEO George Botros and Executive Chairman Charles McKitrick, who will remain significant shareholders. The investment positions Alta West to accelerate growth as a platform in the Canadian alternative residential mortgage market by leveraging TriWest's capital and operational resources to expand assets under management and product offerings.
-
CoreLogic Acquires Roostify
February 22, 2023
Software
CoreLogic has acquired Roostify, a digital mortgage technology provider, to integrate Roostify's point-of-sale lending platform with CoreLogic's property data, analytics and workflow capabilities. The acquisition is intended to accelerate a data-driven digital mortgage origination experience by surfacing borrower and collateral data earlier in the loan lifecycle and improving efficiency for lenders.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.