SaverLife Acquires Onward Financial
May 18, 2021
SaverLife, a San Francisco-based nonprofit fintech, has signed a definitive agreement to acquire Onward Financial, a Washington D.C.-based nonprofit that provides an employer-sponsored mobile savings app. The deal expands SaverLife’s employer-facing emergency savings and payroll-integrated offerings and will combine Onward’s product experience with SaverLife’s rewards, incentives, and operations to scale impact with employers.
- Buyers
- SaverLife
- Targets
- Onward Financial
- Industry
- Payments & Fintech
- Location
- District of Columbia, United States
- Transaction Type
- Buyout
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