Petal Card: Empower to Acquire Petal; Completes Acquisition of Cashalo

Empower Finance, a San Francisco, CA-based financial technology company, acquired Petal, a NYC-based consumer credit card and financial technology company, and completed the acquisition of Cashalo, a Manila, Philippines consumer credit and lending company. The amount of the deals were not disclosed. Petal and Cashalo give Empower a strategic presence in the credit card category [...]The post Empower to Acquire Petal; Completes Acquisition of Cashalo appeared first on FinSMEs.