trending Market Intelligence /marketintelligence/en/news-insights/trending/M2JWt8vwuYiruQfdJ7Trtg2 content esgSubNav
In This List

Affirm acquiring San Francisco-based personal finance management app company

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Kensho Launches Word Error Rate Calculator

Blog

Insight Weekly: Bank oversight steps up; auto insurers’ dismal year; VC investment slumps

Blog

Bank failures: The importance of liquidity and funding data


Affirm acquiring San Francisco-based personal finance management app company

Consumer finance company Affirm Inc. is acquiring SweepInc., a San Francisco-based personal finance management app company.

Terms of the deal were not disclosed.

Sweep co-founders Jackson Gates and Asi Behar as well as themajority of the company's engineering team will join Affirm following theacquisition.

The current Sweep app will no longer be accessible toconsumers starting May 26. A new product under the Affirm brand will combinethe technologies of both companies and is scheduled to launch later in 2016,according to an April 27 news release.