Passiv Acquires Wealthly
July 18, 2023
Passiv, operator of the SnapTrade fintech API, has acquired social investing app Wealthly and hired its founder Terry Ma and his team. The acquisition brings Wealthly's account-aggregation integrations and engineering talent to accelerate development of Passiv's SnapTrade product and expand its technical IP.
- Buyers
- Passiv
- Targets
- Wealthly
- Industry
- Payments & Fintech
- Location
- Washington, United States
- Transaction Type
- Buyout
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