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Goldman Sachs Asset Management selling Financeit to Wafra for undisclosed sum

Goldman Sachs Asset Management selling Financeit to Wafra for undisclosed sum

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Financeit Canada Inc. said Friday it agreed to be acquired by private equity firm Wafra Capital Partners Inc. for an undisclosed sum from seller Goldman Sachs Asset Management, a unit of Goldman Sachs Group Inc. GS, -1.06% . The deal comes after Financeit added more than 1,100 new merchant partners, processed 115,000 loan applications, and funded a $534 million in loan originations in 2021.

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