Search Results for "Ally Financial"
3 results for "Ally Financial"
Deals 3
Ally Financial Sells $2.3B Credit Card Business to CardWorks and Merrick Bank
Ally Financial divested its $2.3 billion credit card portfolio, covering 1.3 million cardholders, to CardWorks and Merrick Bank. The deal reflects Ally's strategic focus away from card lending and positions Merrick Bank, a known partner bank in embedded finance, to grow its card portfolio significantly.
Ally Financial Expands Into Retail Financing via Mastercard Vyze Partnership
Ally Financial partnered with Mastercard's Vyze platform to expand its financing capabilities into retail point-of-sale lending. The partnership enables Ally to offer embedded consumer financing at the point of purchase through Vyze's multi-lender marketplace. This marks Ally's entry into embedded retail lending beyond its core auto finance business.
Ally Financial Partners with Better.com for Digital Mortgage Experience
Ally Financial announced a partnership with Better.com to create an end-to-end digital mortgage experience. Ally Ventures also made an additional capital investment to increase its ownership stake in Better.com. The deal combines Ally Bank's funding capabilities with Better.com's digital platform to streamline mortgage origination.