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ONE Finance Acquired by Hazel to Create All-in-One Fintech Platform

New York – April 5, 2022 – Cooley advised financial-services mobile app ONE Finance on its completed acquisition by Hazel, an independent fintech launched in partnership with Walmart and investment firm Ribbit Capital. Peter Werner and Luke Blackett led the Cooley team advising ONE.

The combined company, which will operate under the brand name ONE, will provide users with an all-in-one financial services app to holistically manage their finances in one place, allowing consumers to get paid, spend, save, borrow and grow their money.

“There has been no shortage of fintech innovation in the last decade – yet many American families haven’t felt the benefits in their daily financial lives,” Brian Hamilton, co-founder of ONE, said in a news release. “Our mission has always been grounded in disrupting that reality – and helping Americans build healthier financial habits. This combination will help us accelerate that mission, delivering our platform to customers and families who will benefit most from it.”

Founded in 2019, ONE partners with Coastal Community Bank to seamlessly combine saving, spending and borrowing in a single account. The fintech company offers debit cards and checking and savings accounts, along with “Pockets,” which give users the ability to flexibly organize their money and budget. 

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Related Contacts
Peter H. Werner  Partner San Francisco
Luke X. Blackett  Associate San Francisco
Jamie Leigh  Partner San Francisco
Blake Martell  Partner San Francisco
Megan Browdie  Partner Washington, DC
Obrea Poindexter  Partner Washington, DC
David Wilson  Partner London
Ross Eberly  Partner Los Angeles – Santa Monica, Los Angeles – Downtown
Mark Windfeld-Hansen  Senior Counsel Palo Alto
Tom Epps  Partner London
Sean Ruff  Partner Washington, DC
Kevin King  Partner Washington, DC
David Navetta  Partner Colorado
Peter Burns  Of Counsel Palo Alto
Yulia Makarova  Special Counsel London
Rebecca Ross  Special Counsel Washington, DC
Adam Fleisher  Special Counsel Washington, DC
Daniel Eitutis  Associate San Francisco
Will Lowery  Associate San Francisco
Ajay Athavale  Associate San Francisco
Genevieve Lim Urban  Associate Seattle
Michelle Zhou  Associate Palo Alto
David Dalton  Associate Los Angeles – Santa Monica, Los Angeles – Downtown
Caitlin Courtney  Associate Palo Alto
Clara Somee Choi  Associate Palo Alto
Megan Drill  Associate San Diego
Ehijele Olumese  Associate Los Angeles – Downtown, Los Angeles – Santa Monica
Chelsea André  Associate Palo Alto
Grace Hunter  Associate Washington, DC
Neelam Atwal  Associate London
Liz Paisner  Associate New York
Alex Mitrea  Associate London
Joshua Elefant  Associate Palo Alto
Casey Warsh  Associate Colorado
Michael Coburn  Associate New York