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Synchrony buys financing software provider
Yahoo Finance· 2025-10-03 19:24
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: Synchrony has acquired consumer financing software firm Versatile Credit, the Stamford, Connecticut-based private label credit card issuer said Wednesday, the day the deal closed. Mechanicsburg, Pennsylvania-based Versatile, founded in 1995, allows retailers and healthcare providers to offer their customers financing in-store and online. The company h ...
Synchrony Financial: Even After Recent Gain, I Still See Value In This Stock (NYSE:SYF)
Seeking Alpha· 2025-10-03 17:10
Over the last few months, Synchrony Financial (NYSE: SYF ) has delivered quite good returns to its investors, with its stock price growing over 35% in the last 6 months, primarily driven by the vacation of the capI am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are cheaply available and have a catalyst in the near future. My investment horizon rang ...
Synchrony Financial: Even After The Recent Gain, I Still See Value In This Stock
Seeking Alpha· 2025-10-03 17:10
Over the last few months, Synchrony Financial (NYSE: SYF ) has delivered quite good returns to its investors, with its stock price growing over 35% in the last 6 months, primarily driven by the vacation of the capI am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are cheaply available and have a catalyst in the near future. My investment horizon rang ...
Synchrony acquires credit access platform Versatile Credit (SYF:NYSE)
Seeking Alpha· 2025-10-02 05:08
Synchrony Financial (NYSE:SYF) acquired Versatile Credit, a consumer-financing software provider, in an effort to accelerate its "technology roadmap" for consumer financing solutions, the company said on Wednesday. Terms of the deal weren't disclosed, and the acquisition is expected to be immaterial ...
PSG Completes Sale of Versatile Credit to Synchrony
Businesswire· 2025-10-02 05:00
BOSTON--(BUSINESS WIRE)--PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to capitalize on transformational growth, today announced it has completed the sale of Versatile Credit, a consumer-financing software provider connecting merchants, lenders, and consumers through point-of-sale solutions, to Synchrony (NYSE: SYF). Terms of the transaction were not disclosed. Versatile Credit enables retailers and healthcare providers. ...
Versatile Credit Bringing Leading Credit Access Platform to Synchrony
Prnewswire· 2025-10-02 04:45
Accessibility StatementSkip Navigation Synchrony Acquired Versatile Credit's Multi-Source Financing Platform, Expanding Technological Capabilities Versatile Credit Will Continue Serving Many Lenders And Merchants STAMFORD, Conn. and MECHANICSBURG, Pa., Oct. 1, 2025 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer financing company at the heart of American commerce, acquired Versatile Credit, a consumer-financing software provider connecting merchants, lenders, and consumers through point-of-sale so ...
Synchrony buys firm that lets merchants 'say yes' more often
American Banker· 2025-10-02 04:17
Key insight: Synchrony is making an acquisition that should help its merchant partners do more business with consumers who have low credit scores.Forward look: The credit card lender plans to allow Versatile Credit to operate as a separate, 60-employee entity within the larger company.Expert quote: "I think we will see more of this kind of partnership in the future, where fintechs step into the consumer transaction, make debt available and eliminate friction from the process," said lending expert David O'Co ...
Synchrony Financial: I'm Not Buying The Shutdown Dip (NYSE:SYF)
Seeking Alpha· 2025-10-02 03:39
If you enjoyed this, consider Ian's Insider Corner to enjoy access to similar initiation reports for all the new stocks that we buy. Membership also includes an active chat room, weekly updates, and my responses to your questions.It remains to be seen how long the current impasse will carry on. As of Wednesday morning, prediction markets suggest there's a good likelihood that theIan leads the investing group Ian's Insider Corner . Features of the group include: the Weekend Digest which covers everything fro ...
JMP Raises Price Target On Synchrony Financial (SYF) To $88 From $77
Yahoo Finance· 2025-10-02 02:04
Synchrony Financial (NYSE:SYF) is one of the S&P 500 stocks with a low PE ratio. On September 25, JMP Securities maintained a Market Outperform rating on SYF and lifted the price target from $77 to $88. The price target adjustment followed encouraging management statements at recent conferences, where Synchrony executives reported strong credit results through August. JMP Raises Price Target On Synchrony Financial (SYF) To $88 From $77 Matej Kastelic/Shutterstock.com While company management reiterated ...
Majority of Homeowners Expect Personalized, Digital, and Flexible Experiences in New Consumer Trends Report from ServiceTitan, Synchrony, and Visa
Globenewswire· 2025-09-30 21:00
LOS ANGELES, Sept. 30, 2025 (GLOBE NEWSWIRE) -- ServiceTitan (Nasdaq: TTAN), the software platform that powers the trades, today released its 2025 Consumer Trends in the Trades Report, developed in collaboration with Synchrony and Visa. The report analyzes evolving homeowner preferences and spending behaviors across key demographics, providing actionable insights that contractors can use to help grow their business, elevate customer satisfaction, and build long-term loyalty. “Residential contractors are con ...