{"id":19265,"date":"2024-06-25T12:00:38","date_gmt":"2024-06-25T12:00:38","guid":{"rendered":"https:\/\/staging.jgwentworth.com\/?post_type=news&p=19265"},"modified":"2024-06-25T20:35:48","modified_gmt":"2024-06-25T20:35:48","slug":"jg-wentworth-acquires-personal-finance-platform-ottopay","status":"publish","type":"news","link":"https:\/\/www.jgwentworth.com\/news\/jg-wentworth-acquires-personal-finance-platform-ottopay","title":{"rendered":"JG Wentworth Acquires Personal Finance Platform Ottopay"},"content":{"rendered":"\t\t
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JG Wentworth acquires Ottopay, a digital consumer debt management platform<\/i><\/p>

CHESTERBROOK, Pa., June 20, 2024<\/span><\/p>

JG Wentworth is pleased to announce that it has acquired Ottopay, a powerful end-to-end digital debt management and payments platform. Ottopay offers consumers a comprehensive digital solution that helps them understand, manage, and pay their debt obligations in a more efficient way. The software creates tailored repayment plans that adapt to changes in behavior and intelligently recommends ways for consumers to save on interest and improve their financial health.<\/span><\/p>

This acquisition will unlock leading edge financial management tools and advice for JG Wentworth\u2019s clients nationwide. Ottopay\u2019s technology empowers consumers to save more money and pay off debt using proven methodologies coupled with digital-first guidance. After analyzing a client\u2019s credit cards, payment habits, and spending trends, Ottopay presents customized strategies for managing debt while avoiding late fees and other unnecessary charges.<\/span><\/p>

“We’re excited to bring this new solution to JG Wentworth\u2019s clients to support them in their financial journey,\u201d said Randi Sellari, CEO of JG Wentworth. \u201cManaging debt responsibly is central to sound financial planning, and the Ottopay application will serve a key resource for our clients to help them reach their goals.\u201d<\/span><\/p>

\u201cOttopay delivers the insights and automation consumers need to take control of their financial well-being\u2014saving money on interest and fees while building wealth,\u201d said Jason Tepperman, President and Head of Lending at JG Wentworth. \u201cWith Ottopay, consumers can tailor their payments on credit cards and other debts, removing friction and reducing the stress of managing their finances.\u201d<\/span><\/p>

\u201cJG Wentworth’s iconic brand, trusted products, and nationwide reach provide a powerful foundation for building new offerings that can meaningfully improve the financial lives of everyday consumers,” noted Max Klein, Founder and CEO of Otto, the developer of Ottopay. In connection with the transaction, Mr. Klein has joined JG Wentworth to help lead product for the company\u2019s digital initiatives.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

JG Wentworth is pleased to announce that it has acquired Ottopay, a powerful end-to-end digital debt management and payments platform. Ottopay offers consumers a comprehensive digital solution that helps them understand, manage, and pay their debt obligations in a more efficient way. The software creates tailored repayment plans that adapt to changes in behavior and intelligently recommends ways for consumers to save on interest and improve their financial health.<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","class_list":["post-19265","news","type-news","status-publish","hentry"],"yoast_head":"\nJG Wentworth Acquires Personal Finance Platform Ottopay - JG Wentworth<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.jgwentworth.com\/news\/jg-wentworth-acquires-personal-finance-platform-ottopay\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JG Wentworth Acquires Personal Finance Platform Ottopay\" \/>\n<meta property=\"og:description\" content=\"JG Wentworth is pleased to announce that it has acquired Ottopay, a powerful end-to-end digital debt management and payments platform. 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