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The details barclays is paying $800 million for best egg, which was founded in 2013 and arranges personal loans for customers through its online platform Bank said tuesday that the deal will add scale and improve the. Personal loan originator best egg for $800 million, the british bank said on tuesday, as it tries to add scale in its personal banking business in the united states.

The acquisition will be executed through barclays’ us subsidiary,. Consumer bank will acquire personal lending fintech best egg for $800 million, the bank said tuesday Barclays agreed to buy u.s

Bank said tuesday that the deal will add scale and improve the capital.

For $800 million, part of the british lender’s push to deepen its presence in the world’s. Barclays has agreed to buy us personal loan business best egg for $800mn in a move that will help expand its consumer lending and give it access to more loans to package up and sell to investment.

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