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.