Twig acquires French challenger bank for teens Vybe
Sustainability-focused and self-described “bank of things” Twig is acquiring Vybe, a French neobank for young people.
The teen banking services provider adds to Twig’s recent acquisitions – UK-based Loopster and Mobi.market – and marks the latest step forward in the company’s aim to become “the go-to platform for the Gen Z market”.
Launched in 2021, Twig describes itself as a fintech based on circular economy principles, allowing users to sell or trade in their clothes or electronics for “instant” cash.
