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Snap Inc. acquires Saturn for student engagement

PUBLIC · SNAPJun 20, 2025

Acquiring Company

Snap

Acquired Company

Saturn

Santa MonicaLondonFinancial ServicesSoftwareAdvertisingMobileMessagingSocial MediaFinancial ServicesArtificial IntelligenceFinanceBlockchainCryptocurrency

Description

Snap Inc. has acquired Saturn, a calendar app used by high schools, signaling a new strategy to engage younger users. This acquisition is expected to enhance Snapchat's appeal among Gen Z, potentially increasing user retention and ad revenue. The deal comes as Snap seeks to expand its influence in the social media landscape, targeting educational integrations. Investor reactions have shown optimism, reflected in stock price movements and trading volume.

Quick answer

Snap is acquiring Saturn, announced June 20, 2025. Snap is based in Santa Monica, California, United States.

How much did Snap pay for Saturn?
The deal value was not disclosed.
What does Snap do?
Snap.Build is a best-in-class fintech company for the residential housing construction industry, specializing in non-recourse loans to small and medium-sized home builders for both speculative and pre-sold homes.
Where are Snap and Saturn based?
Snap is based in Santa Monica, California, United States. Saturn is based in London, England, United Kingdom.
Who are the decision-makers at Snap?
Fundz holds 3 contacts at Snap. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Financial Services and Advertising

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Snap

Location

3000 31st Street

Santa Monica, California, United States

About

Snap.Build is a best-in-class fintech company for the residential housing construction industry, specializing in non-recourse loans to small and medium-sized home builders for both speculative and pre-sold homes. The company utilizes proprietary technology allowing 24/7 access to all construction project activity and funding disbursement details, bridging the gap between the lender and the builder, providing added security, safety, and transparency.

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Frequently asked

Who acquired Saturn?

Saturn was acquired by Snap, based in Santa Monica. The deal was reported on June 20, 2025. Snap.Build is a best-in-class fintech company for the residential housing construction industry, specializing in non-recourse loans to small and medium-sized home builders for both speculative and pre-sold homes. Snap is publicly traded (SNAP) and operates in Financial Services.

When did Snap acquire Saturn?

Snap's acquisition of Saturn was reported on June 20, 2025. Snap Inc. has acquired Saturn, a calendar app used by high schools, signaling a new strategy to engage younger users. This acquisition is expected to enhance Snapchat's appeal among Gen Z, potentially increasing user retention and ad revenue. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Saturn do?

Saturn automates advice operations, compliance, and investment research workflows using data and AI establishing a single source of truth. It is privately held, operating in Financial Services, and is based in London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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