M&A Deal Summary

SaverLife Acquires Onward

On May 18, 2021, SaverLife acquired internet software and services company Onward

Acquisition Highlights
  • This is SaverLife’s 1st transaction in the Internet Software and Services sector.
  • This is SaverLife’s 1st transaction in the United States.
  • This is SaverLife’s 1st transaction in District of Columbia.

M&A Deal Summary
Date 2021-05-18
Target Onward
Sector Internet Software and Services
Buyer(s) SaverLife
Deal Type Add-on Acquisition

Target

Onward

Washington, District of Columbia, United States
Onward is a non-profit employer-based mobile savings and credit app that enables workers of all income levels to build financial security. Onward helps workers save effortlessly, build financial literacy, and access responsible credit when emergencies strike. Onward was founded in 2016 and is based in Washington, District of Columbia.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

SaverLife

San Francisco, California, United States
Category Company
Founded 2001
Sector Financial Services
DESCRIPTION

SaverLife is a nonprofit fintech focused on building financial security for low-income Americans, who need help saving money. Through engaging technologies and strategic partnerships, we give working people methods and motivation to take control of their financial future. SaverLife was founded in 2001 and is based in San Francisco, California.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (District of Columbia) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

Product

Company

Legal