JG Wentworth Acquires Ottopay

June 20, 2024

JG Wentworth has acquired Ottopay, a digital consumer debt management and payments platform developed by Otto. The deal brings Ottopay's end-to-end debt management technology and product leadership (founder Max Klein joined JG Wentworth) into JG Wentworth's suite of consumer financial services to expand digital capabilities for its nationwide client base.

Buyers
JG Wentworth
Targets
Ottopay
Location
United States
Transaction Type
Buyout

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