SaaS FinTech MoneyThumb Acquired by Iron Creek Partners
MoneyThumb logo

SaaS FinTech MoneyThumb Acquired by Iron Creek Partners

A company that offers a variety of underwriting tools has revealed that it’s been acquired.

About the acquisition:

This week, MoneyThumb announced that the private investment firm Iron Creek Partners LLC has acquired the company. According to a press release, this transaction will provide MoneyThumb with growth capital as the company continues to expand. While the news was announced on August 29th, the transaction officially closed on August 19th, 2024. Financial details of the deal were not provided.

About MoneyThumb:

MoneyThumb is a software-as-a-service FinTech that offers numerous products meant to help lenders verify and process documents. For example, their PDF Insights tool can read and analyze financial documents to quickly help determine applicant creditworthiness. Additionally, the company offers accounting software converters so lenders can easily import data from the likes of Quickbooks.

Founded in 2014, MoneyThumb reports continued gains, including recently seeing 100% year-over-year annual growth.

What they’re saying:

In a statement, newly-named MoneyThumb CEO Ryan Campbell said, “This acquisition underscores MoneyThumb’s proven technology and strong industry demand, and supports our long-term growth objectives. This partnership marks an exciting milestone for our company and with the support of Iron Creek, we are well-poised to accelerate our growth, continue to deliver exceptional software solutions for our customers and help lenders manage risk and deliver more capital faster to small businesses.”

Additionally, Iron Creek Founder and Managing Principal John Bingaman said of the acquisition, “MoneyThumb has built a highly successful business through its algorithm-driven software, product innovation and a meticulous approach to delivering value and service to their customers. We look forward to working closely with MoneyThumb’s talented team to continue to grow the business and broaden the product suite.”

My thoughts:

Despite the press release billing MoneyThumb as a “top FinTech,” I honestly couldn’t find much about them when looking online. For example, the only news listed on Crunchbase is this news — and they don’t appear to have raised any funds. So, while I believe that the company has been around for 10 years and has found some success, “top FinTech” seems like a stretch. That would also probably be why the financial details of this transaction were not revealed, as I’d presume it wasn’t a huge amount of money.

Having said that, even if MoneyThumb isn’t as big a player as they may want to present themselves as, they do have some useful-looking tools. I doubt that this acquisition will impact that much, so I guess I’d count this as a win for the company overall.

Author

Kyle Burbank

Head Writer ~ Fioney
Kyle is the head writer for Fioney. He is a personal finance nerd, constantly looking for new apps and services to test and incorporate into his own financial game plan. In addition to his role at Fioney, he's written for other publications including Born2Invest, Lifehack, and Laughing Place, as well as his own site Money@30. He also creates personal finance and travel-related videos for Fioney's YouTube channel, which has garnered more than 2 million views. Currently, Kyle resides in Springfield, Missouri with his wife of 10 years. Together, they enjoy traveling (including visiting Disney Parks around the world), dining, and playing with their dog Rigby.

Other Articles by Kyle Burbank

Rove and Frontier logos and an airplane wing in the sky

Rove Adds Frontier Airlines as 19th Travel Transfer Partner

A growing rewards program has added yet another transfer partner — and is offering a limited-time bonus on top of that. About the Addition of Frontier to Rove: This week, Rove revealed that Frontier Airlines was joining its stable of rewards transfer partners. That means that, now, Rove users can transfer their Rove Miles to Frontier at a rate of 1:1 (1,000 Rove Miles converts to 1,000 Frontier Miles). Notably,...
4 iPhones with Apple Wallet screenshots

American Express Latest to Allow Apple Pay Rewards Redemptions

Amex customers have a new way to redeem their Membership Rewards points toward purchases. About Amex's Apple Pay Rewards Update: American Express customers with a Membership Rewards-earning card can now choose to redeem their points directly in Apple Pay. This can be done when cardholders are shopping online or in an app via an iOS device. At this time, the Apple Pay reward redemption option is only available to U.S....
Barclays Frontier Hero Credit Card - Money Best Airline Credit Cards 6 Years in a Row seal with a couple laying the water at a beach

Frontier Airlines Re-Ups, Expands Partnership with Barclays

Frontier and Barclays have extended their long-standing co-branded credit card partnership. About the Frontier-Barclays Partnership Renewal: This week, Frontier Airlines and Barclays US Consumer Bank announced that they'd reached a long-term renewal deal. In doing so, the companies reaffirmed a commitment to expand the value of the Frontier Airlines World Mastercard as well as the overall Frontier Miles program. The two companies have worked together for more than two decades....
The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox

2025 SoFi Checking and Savings Review

 Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. That was later sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind is SoFi’s acquisition of Golden Pacific...
Rakuten: Where it pays to shop.

A Look at How Rakuten (Ebates) Works in 2026

Since taking an interest in personal finance, one site I’ve come across again and again is Rakuten, formerly Ebates. If you’re still unfamiliar, Rakuten is a cashback site — and is the largest of its kind by far, boasting deals from over 3,500 retailers. Its popularity has endured even with the odd Rakuten re-branding and the platform remains one of my most-used money-saving tools. Since joining Rakuten / Ebates some...
Travelers with two Best Western Credit Cards

Best Western Debuts Two New Rewards Credit Cards

After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation

Marriott Bonvoy Bold Card Launches Travel Contest

Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...