Swift Financial

Wilmington, Delaware, USAwww.inc.com/profile/swift-financial1expert edge

Small business lending platform founded in 2006 with headquarters in Wilmington, Delaware and major operations in Conshohocken, Pennsylvania. Provided funding to over 20,000 small businesses before being acquired by PayPal in August 2017 for undisclosed terms.

Why interesting to a deal team

Doug-Bland's leadership as President & COO demonstrates operational and fintech lending expertise. Strategic acquisition by PayPal validates SMB lending platform value; technology and underwriting capabilities transferable to specialty finance.

Experts connected to this company

Doug BlandServed as President & COO before its 2017 sale to PayPal

Doug Bland

Chief Executive Officer

Oportun Financial Corporation

LawyerSan Carlos

Freshly installed CEO of public subprime lender Oportun, bringing PayPal's BNPL/credit playbook and Swift Financial underwriting DNA to strategy, risk appetite, and possible portfolio or M&A moves.

Sources

Page titleOther
newsroom.paypal-corp.com/PayPal-to-Acquire-Swift-Financial
Name + firmOther
inquirer.com/philly/blogs/inq-phillydeals/paypal-buys-swift-financial-20170810.html
No name matchOtherBot-blocked
inc.com/profile/swift-financial

Strongest evidencePage title3 public sourcesHow the grades work