Pangea Money Transfer
Acquisition in 2021
Pangea Money Transfer is a mobile-centric money transfer platform founded in 2012 and headquartered in Chicago, Illinois. The company enables users to send money from the United States to 15 countries across Latin America and Asia in under 30 seconds for a low flat fee. The platform offers features such as automatic transfers, international bill payments, and remittance integration, ensuring fast, secure, and convenient transactions. Recipients can collect cash at thousands of retail locations or have funds directly deposited into a bank account or onto a debit card, making money movement accessible and efficient for users on the go.
OnDeck
Acquisition in 2020
OnDeck is a technology-enabled financial platform founded in 2006 and headquartered in New York City. The company specializes in providing loan financing to small and medium-sized businesses, addressing the challenges they face in accessing capital. OnDeck employs proprietary software to analyze operational data from businesses, utilizing algorithms to determine loan eligibility based on actual performance rather than just personal credit scores. This innovative approach allows OnDeck to deliver a range of financing options, including short-term and unsecured loans, thereby enabling small businesses to secure the funds they need quickly and effectively. By focusing on performance-based assessments, OnDeck fills a critical gap in the market, offering credit solutions that traditional banks may not provide.
The Business Backer
Acquisition in 2015
The Business Backer, LLC is a financing company based in Blue Ash, Ohio, dedicated to providing funding services for small businesses across the United States. Established in 2007, the company offers a diverse range of financing options tailored to meet the unique needs of small businesses, including SBA loans, business lines of credit, long-term and short-term loans, equipment financing, merchant cash advances, commercial real estate financing, invoice factoring, and startup loans. The Business Backer aims to deliver honest and transparent funding solutions that enable small business owners to secure the capital necessary for operations, cash flow management, and growth. Operating as a subsidiary of Cnu Online Holdings, LLC, the company strives to help small businesses thrive in a competitive landscape.
Cerevo is a Tokyo-based company active in consumer electronics. It specializes in innovative, internet-enabled gadgets such as cameras, smart bicycles, SIM card changers, robotic desk lamps, and video streaming devices.