CAPITAL ONE FINANCIAL CORP acquired Level Money for Not disclosed, a transaction announced in January 2015.
Level Money operates in Consumer fintech, is based in San Francisco, California, USA. Capital One acquired Level Money, a popular mobile personal-budgeting app that helped users track spendable money in real time. The acquisition brought the app's team and technology into Capital One as part of its push to build modern, consumer-friendly digital money-management tools. Terms were not disclosed. (Announced January 2015; no dedicated SEC filing located.)
Adds consumer money-management technology and mobile design/engineering talent to Capital One's digital product efforts.
A well-regarded budgeting app and mobile team. Digital money-management technology and talent. Team and technology absorbed into Capital One.
Advisory firms were not disclosed for this transaction.