Synchrony Acquires Versatile Credit

Stamford, CT, October 6, 2025-Synchrony has acquired consumer financing software firm Versatile Credit.

Mechanicsburg, Pennsylvania-based Versatile, founded in 1995, allows retailers and healthcare providers to offer their customers financing in-store and online. The company has about 60 employees and all are joining Synchrony. The company’s Mechanicsburg office location will remain.

Synchrony, which has about $119 billion in assets, works with some 400,000 merchants, including Lowe’s and Sam’s Club. Its CareCredit subsidiary is also one of the biggest companies in the medical credit card space.