Barclays to Acquire Best Egg for $800 Million

Reuters
Oct 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.

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