Barclays Bank Delaware Completes $800 Million Acquisition of Best Egg

Cleary Gottlieb represented Barclays Bank Delaware (Barclays US Consumer Bank), the wholly owned U.S. consumer banking subsidiary of Barclays PLC, in its $800 million acquisition of Best Egg Inc. (Best Egg).

The transaction was announced on October 28, 2025. It successfully closed on May 1, 2026.

Best Egg is a leading U.S. direct-to-consumer personal loan origination platform focused on prime borrowers. Since its establishment in 2013, Best Egg has facilitated over $40 billion in personal loans to more than two million customers.

The acquisition is a milestone in the delivery of Barclays PLC’s U.S. growth strategy. Best Egg adds a scaled, proven, and capital-light personal lending platform that complements Barclays US Consumer Bank’s partnership focused credit card and deposit businesses.

Barclays PLC is a diversified banking and financial services company with comprehensive UK consumer, corporate and wealth and private banking franchises, a leading investment bank, and a strong specialist U.S. consumer bank.

For more information, please see the press release.