Barclays to Acquire Best Egg for $800 Million

Reuters

2025/10/28

Barclays to Acquire Best Egg for $800 Million

Barclays' wholly-owned US consumer banking subsidiary, Barclays Bank Delaware, has agreed to acquire Best Egg, Inc., a leading US direct-to-consumer personal loan origination platform, for $800 million. The acquisition is expected to be completed in the second quarter of 2026, following the previously announced sale of Barclays' American Airlines co-brand credit card receivables. Best Egg, headquartered in Wilmington, Delaware, focuses on prime borrowers and has facilitated over $40 billion in personal loans to more than two million customers since its founding in 2013. The acquisition is expected to strengthen Barclays' US Consumer Bank and broaden its reach in the US personal lending market. Best Egg currently employs approximately 500 people.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barclays plc published the original content used to generate this news brief on October 28, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barclays plc published the original content used to generate this news brief on October 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251028:nNDL979228:1","article_id":"2578984466","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2578984466","pubTimestamp":1761635624,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Barclays' wholly-owned US consumer banking subsidiary, Barclays Bank Delaware, has agreed to acquire Best Egg, Inc., a leading US direct-to-consumer personal loan origination platform, for $800 million. 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The acquisition is expected to be completed in the second quarter of 2026, following the previously announced sale of Barclays' American Airlines co-brand credit card receivables. Best Egg, headquartered in Wilmington, Delaware, focuses on prime borrowers and has facilitated over $40 billion in personal loans to more than two million customers since its founding in 2013. The acquisition is expected to strengthen Barclays' US Consumer Bank and broaden its reach in the US personal lending market. Best Egg currently employs approximately 500 people.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barclays plc published the original content used to generate this news brief on October 28, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}