Sep. 3 at 3:46 PM
Am I crazy for thinking that a
$WU acquisition of the BaaS + Bank and the
$WRLD all stock merger with the tax prep business (or a similar kind of deal) would make a lot of sense?
$WU has always been a huge player in the prepaids, cash transfer business and this doubles down on that by acquiring the entire
$GDOT network which would allow them to consolidate physical locations. IMO the fact that they don't have a bank charter and still use Pathward could be a massive operational / financial efficiency for them.
$WRLD or someone similar who knows the tax prep space could likely take over TPG (Formerly Santa Barbara Tax Products Group ) and likely make that a much more efficient business long term but that's where the PE financing or an all stock deal makes sense.
Idk, wouldn't be surprised to see something like this next 90 days.
