Array, an embeddable fintech platform that offers financial empowerment tools, acquired Hansa, which pairs business credit furnishing with embedded business credit tools.
Array said in a press release that the acquisition expands its product portfolio to serve small business and commercial credit clients. Hansa and Array share a common foundation in API-first architecture and embedded delivery.
The price wasn’t disclosed.
“Hansa has built exactly the kind of embedded, API-driven infrastructure that aligns with how we think about fueling financial security at Array,” Martin Toha, Array’s founder and CEO, said in the release. “This acquisition lets us extend the same seamless, white-labeled experience our partners rely on for consumer credit into the business credit space—giving businesses better access to the tools they need to understand, build, and leverage their credit.”