Houlihan Lokey Advises ValidiFI

Houlihan Lokey is pleased to announce that ValidiFI has been acquired by RIBBIT, with financial backing from ABS Capital and Mission OG. The transaction closed on May 31, 2023.

ValidiFI is a specialty consumer reporting agency that leverages banking and payment data across the credit lifecycle, offering compliance and risk mitigation solutions. Through its FCRA and GLBA solution suites, ValidiFI enables clients to apply its unique data offerings to create efficiency and maximize profit.

RIBBIT leverages the predictive power of bank data across the credit and payment lifecycle to enable lenders, fintechs, and banks to identify fraud, assess credit risk, and determine affordability.

The acquisition of ValidiFI will help create the industry’s leading banking and payment data solutions platform, improving RIBBIT’s product offering and creating the largest alternative database of bank and payment data in the marketplace. RIBBIT’s predictive analytics and data assets combined with ValidiFI’s verification and compliance solutions will more than double an already strong market presence in addition to expanding the depth of products and services offered.

Greg Rable, CEO of RIBBIT, shared, “I’m excited about the enormous opportunity to bring these two dynamic industry-leading companies together. The combination of talented people, robust data, and best-in-class products makes this a win-win for our customers and us.”

RIBBIT led the acquisition with support from its existing investor ABS Capital and new investor Mission OG.

Houlihan Lokey served as the financial advisor to ValidiFI, assisting with initiating, marketing, and negotiating the transaction. This deal highlights Houlihan Lokey’s long-standing reputation as a leading advisor in the financial technology space.