Overview of Transaction

• On December 2, 2024, First Dollar announced its sale to Inspira Financial
• Founded in 2019, First Dollar is a leading provider of technology infrastructure for health spending benefits
• First Dollar offers a versatile and modern infrastructure for effectively managing health spending benefits, serving various entities such as TPAs, financial institutions, and large enterprises
• By providing a comprehensive range of applications and personalized branding assistance, First Dollar meets the requirements of organizations aiming to introduce new offerings and efficiently manage health spending benefits
• Designed with a cloud-native architecture and powerful APIs, First Dollar equips organizations with the necessary tools and adaptability to meet the specific needs of their target market, guaranteeing compliance and a smooth experience in managing health spending benefits

FT Partners' Role

• The acquisition of First Dollar strengthens Inspira's mission to enhance health outcomes, positioning them as a strategic partner across multiple distribution channels by offering customizable solutions that effectively connect consumers with essential health and financial benefits
• First Dollar's integration brings a skilled development team to Inspira, accelerating the creation of a unified platform that merges healthcare with financial services, thereby transforming the consumer health benefit experience and advancing health consumerism

FT Partners' Role

• FT Partners served as the exclusive financial and strategic advisor to First Dollar
• This transaction underscores FT Partners’ position as the leading advisor to FinTech companies globally as well as its ability to generate highly positive outcomes across the HealthTech space