Twig is continuing its expansion by acquiring Vybe Technology, a leading provider of teen banking services
In brief:
This follows recent acquisitions of Loopster and Mobi.market
Twig is the fastest growing fintech in Europe, accounting for 1M users as of October 2022, only 15 months after its launch
The addition of Vybe Technology should further appeal to the Gen-Z market, building on Twig’s circular economy principles
What does this mean?
Twig CEO Geri Cupi commented, “with the technology the Vybe team built, we are able to offer our users a more comprehensive suite of services, including teen banking and financial literacy education. This will help us better serve the Gen Z audience, and provide them with the tools they need to be successful in their financial lives.”
