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
- Industry
- Payments & Fintech
- Location
- United States
- Transaction Type
- Buyout
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