M&A Deal Summary

Twig Acquires Vybe

On December 22, 2022, Twig acquired financial services company Vybe

Acquisition Highlights
  • This is Twig’s 1st transaction in the Financial Services sector.
  • This is Twig’s 1st transaction in France.

M&A Deal Summary

Date 2022-12-22
Target Vybe
Sector Financial Services
Buyer(s) Twig
Deal Type Add-on Acquisition

Target

Vybe

Paris, France
Vybe is a is a simplified joint-stock company that is a provider of teen banking services. Vybe is based in Paris, France.

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Buyer(S) 1

Buyer

Twig

London, United Kingdom

Category Company
Sector Information Technology
DESCRIPTION

Twig is a new generation of fintech, rooted in circular economy principles with a mission to empower consumers to value, unlock and enjoy the wealth that they never knew they had. Clients have instant cash access while relinquishing fashion or electronic items they no longer want. As a part of its unique proposition, Twig is now offering a carbon offsetting service, making it possible for its clients to offset their entire lifestyle carbon footprint. Twig is based in London.


DEAL STATS #
Overall 3 of 3
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: France M&A 1 of 1
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-29 Mobi Market

Staffordshire, United Kingdom

Mobi Market is a UK-based mobile phone re-commerce player with a mission to power a sustainable alternative to the mobile market ecosystem, providing a seamless way for consumers to sell their pre-owned mobile phones. Mobi Market was founded in 2016 and is based in Staffordshire, United Kingdom.

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