On October 3, 2025, Synchrony announced the completion of its acquisition of Versatile Credit, a consumer‑financing software provider that connects merchants, lenders, and consumers through point‑of‑sale solutions. The transaction was completed today, with terms undisclosed.
Versatile Credit has built a multi‑source financing platform that serves merchants in furniture, home improvement, automotive, jewelry, and elective medical sectors, enabling them to offer credit across online, in‑store, and mobile channels. The platform’s integration with multiple prime, secondary, and tertiary lenders provides merchants with a seamless, data‑driven credit experience.
Synchrony said the acquisition expands its technology capabilities and will accelerate its roadmap for consumer financing solutions. The company plans to maintain Versatile’s existing business strategy, management team, and data integrity while leveraging the platform to drive sales for merchants and broaden access to credit for consumers.
The deal is expected to be immaterial to Synchrony’s earnings per share, but it positions the company to deepen its partnership‑centric model and enhance its competitive edge in the consumer finance market.
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