Synchrony Completes Acquisition of Ally Lending
Synchrony(SYF) Prnewswire·2024-03-04 13:00Strengthens Relationships in Home Improvement and Health and Wellness Financing STAMFORD, Conn., March 4, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) today announced it completed its acquisition of Ally Lending, the point of sale financing business for Ally Financial (NYSE: ALLY) that includes $2.2 billion of loan receivables.* Ally's loan portfolio includes relationships with nearly 2,500 merchant locations and supports more than 450,000 active borrowers in home improvement services and healthcare. Throug ...