M&A Deal Summary

CentSai Acquires The Daily FinQ

On April 13, 2022, CentSai acquired internet software and services company The Daily FinQ

Acquisition Highlights
  • This is CentSai’s 1st transaction in the Internet Software and Services sector.
  • This is CentSai’s 1st transaction in the United States.
  • This is CentSai’s 1st transaction in New York.

M&A Deal Summary

Date 2022-04-13
Target The Daily FinQ
Sector Internet Software and Services
Buyer(s) CentSai
Deal Type Add-on Acquisition

Target

The Daily FinQ

Brooklyn, New York, United States
The Daily FinQ is a financial literacy app that uses trivia and gamification to make financial concepts accessible to a broad range of people. The Daily FinQ is based in Brooklyn, New York.

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Buyer(S) 1

Buyer

CentSai

Brooklyn, New York, United States

Category Company
Founded 2016
Sector Education
DESCRIPTION

CentSai is a financial wellness platform that teaches finance through storytelling, quizzes, and videos in an authentic, jargon-free way. The company helps consumers navigate their financial lives from a place of knowledge and fun rather than fear. Built by former journalists, it creates high-quality content to help explain finance from stories, videos, and quizzes. CentSai's catalog has thousands of financial media resources and is continually expanding to reflect the ever-changing financial landscape. CentSai was formed in 2016 and is based in Brooklyn, New York.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1