Acquisition History / PayPal / Swift Financial
PayPal Acquires Swift Financial
Announced August 10, 2017
What happened
Swift Financial provided working-capital loans and financing to small businesses.
- Acquirer
- PayPal
- Target
- Swift Financial
- Announced
- August 10, 2017
- Price
- Undisclosed
- Industry
- Small business lending
By the numbers
Frequently Asked Questions About This Acquisition
When did PayPal acquire Swift Financial?
PayPal acquired Swift Financial on August 10, 2017. This was PayPal's 16th publicly tracked acquisition out of 27 we have on record.
How much did PayPal pay for Swift Financial?
The price PayPal paid for Swift Financial was not publicly disclosed. Only 15 of PayPal's 27 tracked acquisitions have a disclosed price.
What does Swift Financial do?
Swift Financial provided working-capital loans and financing to small businesses.
What other Small business lending companies has PayPal acquired?
Swift Financial is PayPal's only publicly tracked acquisition in Small business lending so far.
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