Mysterious buyer of EverBank revealed: TIAA

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Everbank’s Awesome Exit 1990s digital banking pioneer Everbank exits for $2.5 billion in sale to TIAA. After PayPal , this is the most successful fintech company to come out of the original 1990s dot-com era. – PYMNTS.com. Mastercard on the Move Early Warning’s clearXchange saw some growth as of late.

Completing a process that began nearly a year ago, TIAA announced Monday that it finalized its acquisition of everbank financial corp. and its wholly owned subsidiary EverBank, a nationwide.

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EverBank announced TIAA, a financial services provider, as the mysterious buyer behind its advanced talks to be acquired revealed in its second-quarter earnings. On Monday, TIAA announced that it acquired EverBank, a nationwide consumer and commercial bank with $27.4 billion in total assets, significantly expanding its banking and lending products.