Old Mutual buys 22Seven, multiple currencies & overseas expansion soon

22seven

Popular money management tool 22Seven has been acquired by the UK division of Old Mutual for an undisclosed sum of money.

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While rumours have been flying around that the tech startup with tumultuous beginnings has been courting the financial juggernaut for a while, the two companies have only now confirmed that the deal is going through.

The buyout will see 22Seven absorbed into Old Mutual’s plans to develop digital support for its customers.

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