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Upbound Group ( (UPBD) ) has provided an update.
On January 31, 2025, Upbound Group, Inc. completed its acquisition of Brigit, a financial health technology firm, to expand its technology-driven offerings and enhance its financial solutions platform. This strategic acquisition is expected to boost Upbound’s growth by integrating Brigit’s cash flow underwriting data and tech stack, which will improve risk management and customer approvals, and extend financial services to more consumers, including earned wage access and credit building products.
More about Upbound Group
Upbound Group, Inc. (NASDAQ: UPBD) is a technology and data-driven leader in accessible and inclusive financial products, focusing on the needs of underserved consumers. Its brands, including Rent-A-Center and Acima, operate across the United States, Mexico, and Puerto Rico, offering financial solutions through various retail channels.
YTD Price Performance: 2.10%
Average Trading Volume: 423,942
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.6B
For detailed information about UPBD stock, go to TipRanks’ Stock Analysis page.
