M&A Deal Summary

Apto Acquires Vertical Finance

On September 8, 2021, Apto acquired financial services company Vertical Finance

Acquisition Highlights
  • This is Apto’s 1st transaction in the Financial Services sector.
  • This is Apto’s 1st transaction in the United States.
  • This is Apto’s 1st transaction in California.

M&A Deal Summary

Date 2021-09-08
Target Vertical Finance
Sector Financial Services
Buyer(s) Apto
Deal Type Add-on Acquisition

Target

Vertical Finance

Pasadena, California, United States
Vertical Finance is a credit card platform and rewards technology. Vertical Finance was founded in 2019 and is based in Pasadena, California.

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Buyer(S) 1

Buyer

Apto

San Francisco, California, United States

Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

Apto is a next-generation cards and payments platform committed to democratizing access to financial services by putting card issuance within reach for every company, no matter the size or industry. Apto was founded in 2015 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1