Acquiring Company
Amount
Acquired Company
Linear Financial Technologies
ChicagoInformation TechnologyFinancial ServicesProfessional ServicesFinancial ServicesSoftwareDescription
Amount, a banking technology provider offering account opening, loan origination and BNPL financing solutions, announced today the acquisition of Linear Financial Technologies (“Linear”), the premier SMB loan and account origination platform.
Quick answer
Amount is acquiring Linear Financial Technologies, announced February 1, 2022. Amount is based in Chicago, Illinois, United States.
- How much did Amount pay for Linear Financial Technologies?
- The deal value was not disclosed.
- What does Amount do?
- Amount helps financial institutions make banking simpler, safer and more convenient with a full suite of end-to-end omnichannel consumer, small business and BNPL solutions.
- Where are Amount and Linear Financial Technologies based?
- Amount is based in Chicago, Illinois, United States.
- Who are the decision-makers at Amount?
- Fundz holds 1 contact at Amount. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Linear Financial Technologies?
Linear Financial Technologies was acquired by Amount, based in Chicago. The deal was reported on February 1, 2022. Amount helps financial institutions make banking simpler, safer and more convenient with a full suite of end-to-end omnichannel consumer, small business and BNPL solutions. Amount is privately held and operates in Information Technology.
When did Amount acquire Linear Financial Technologies?
Amount's acquisition of Linear Financial Technologies was reported on February 1, 2022. Amount, a banking technology provider offering account opening, loan origination and BNPL financing solutions, announced today the acquisition of Linear Financial Technologies (“Linear”), the premier SMB loan and account origination platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Linear Financial Technologies do?
Formed in February 2021 through the combination of leading fintech companies ODX and Fundation, Linear Financial Technologies (“Linear”) is the leading digital account origination and insights platform serving the business banking and adjacent markets. It is privately held, operating in Professional Services.
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