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Home » Weekly Wrap: Rise of new partnerships, acquisitions

Weekly Wrap: Rise of new partnerships, acquisitions

Stellantis acquired First Investors, Wells Fargo partnered with fintech

Amanda HarrisbyAmanda Harris
September 7, 2021
in Risk Management
Reading Time: 7 mins read
0
Weekly Wrap: Rise of new partnerships, acquisitions

Photographer: Nathan Laine/Bloomberg

The past week brought news of a new acquisition and partnership within the auto finance industry. Stellantis N.V. agreed to acquire F1 Holdings Corp., the parent company of Houston, Texas-based subprime lender First Investors Financial Services Group, in a step toward establishing the company’s own captive finance business. Stellantis currently has a partnership with Santander […]

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Tags: Digital car-buyingmerger and acquisitionPremiumSantander Consumer USAStellantis NVWeekly WrapWells Fargo
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