Värde Said to Explore Sale of Credit-Card Firm Mercury Financial

Värde Partners is exploring the sale of credit-card platform Mercury Financial, according to people with knowledge of the matter.

The investment firm is working with an adviser as it solicits interest in Mercury, which was previously known as CreditShop Holdings LLC, said the people, who requested anonymity to discuss confidential information.

Mercury has more than 1.5 million cardholders across the US and more than $6 billion in credit lines extended to customers, its website shows. Värde acquired the Austin, Texas-based company in 2017. Mercury says it aims to help customers build better credit.

A representative for Värde declined to ...