JG Wentworth Acquires Digital Lending Platform from Stilt Inc.
December 5, 2022
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.
- Buyers
- JG Wentworth
- Targets
- Stilt Inc.
- Sellers
- Stilt Inc.
- Industry
- Payments & Fintech
- Location
- California, United States
- Transaction Type
- Divestiture
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