Thriwe Acquires Health And Financial Wellness Platform UCare

Thriwe Acquires Health And Financial Wellness Platform UCare

SUMMARY

The transaction amount has been kept undisclosed but it is an all cash deal

With this, UCare’s workforce and founder Vikrant Gugnani will join Thriwe

Thriwe has allocated $15 Mn for the growth of UCare 

Consumer benefits company Thriwe has acquired digital health and financial wellness platform UCare Health in an all-cash deal.

This is the sixth acquisition by Thriwe in six years. With this acquisition, Thriwe has marked its foray into the $120 Bn prepaid card space which is growing at 36% CAGR and estimated to reach $760 Bn by 2028.

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

No results were found for "".
  • «
  • 1
  • »
modal lock

Continue Reading With A Free Inc42 Account

Get the most out of your Inc42 experience by creating a free account. Enjoy personalized recommendations, ad-lite browsing, and access to our exclusive newsletters.