Synchrony Acquires Versatile Credit
October 1, 2025
Synchrony (NYSE: SYF) acquired Versatile Credit, a consumer-financing software provider that connects merchants, lenders, and consumers through point-of-sale solutions. The acquisition brings Versatile’s multi-source financing platform and reporting capabilities into Synchrony to accelerate its consumer-financing technology roadmap while Versatile will continue serving other lenders and merchants.
- Buyers
- Synchrony
- Targets
- Versatile Credit
- Sellers
- PSG
- Industry
- Software
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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