About This Deal

CAPITAL ONE FINANCIAL CORP acquired Level Money for Not disclosed, a transaction announced in January 2015.

Level Money operates in Consumer fintech, is based in San Francisco, California, USA. Capital One acquired Level Money, a popular mobile personal-budgeting app that helped users track spendable money in real time. The acquisition brought the app's team and technology into Capital One as part of its push to build modern, consumer-friendly digital money-management tools. Terms were not disclosed. (Announced January 2015; no dedicated SEC filing located.)

Adds consumer money-management technology and mobile design/engineering talent to Capital One's digital product efforts.

A well-regarded budgeting app and mobile team. Digital money-management technology and talent. Team and technology absorbed into Capital One.

Deal Terms

Acquirer
CAPITAL ONE FINANCIAL CORP
Target
Level Money
Value
Not disclosed
Date
January 2015
Type
Full acquisition
Status
Do not publish

Transaction Details

Target HQ
San Francisco, California, USA
Segment
Consumer fintech
Announced
January 12, 2015
Synergies
Digital money-management technology and talent.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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