Cred to buy expense management firm Happay
- Post the acquisition, Happay will operate as a separate entity, and Cred’s leadership team will work closely with it to leverage Cred’s ecosystem, expand product offerings and scale up operations
Cred, a credit card bill payments platform, will buy Happay in a cash and stock deal, the company said in a statement on Wednesday, valuing the expense management firm at approximately $180 million.
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