ALLY FINANCIAL CLOSES ACQUISITION OF CREDIT CARD PLATFORM FAIR SQUARE FINANCIAL
Ally Financial Inc. today announced it has closed its acquisition of Fair Square Financial, a digital-first credit card company.
“The addition of Fair Square and its credit card offerings will enhance our suite of consumer products and aligns with our long-term strategy to be the leading full-service digital-bank,” said Ally Chief Executive Officer Jeffrey J. Brown.
Fair Square is a customer-centric, digital-first credit card company generating strong growth and solid credit results since being founded in 2016.