Tech Company M&A Transactions
Penny Acquisition
Headquartered in San Francisco, Penny was acquired by Credit Karma. The companies did not announce specifics regarding acquisition price or deal terms.
Transaction Overview
Company Name
Acquired By
Announced On
3/15/2018
Transaction Type
M&A
Amount
Unknown
M&A Terms
Credit Karma is adding Penny's interface to its arsenal as it seeks to move beyond merely offering credit scores and serve as a broader personal finance concierge. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
Undisclosed
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
Email Address
Overview
Penny sends you beautiful tailored charts and insights to help you know how you're spending in real time. Avoid overdrafts and where did my money go? damage control.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Mitchell Lee
Co-Founder
Alex Quach
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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