GoDaddy: Acquires Poynt

  • GoDaddy empowering everyday entrepreneurs around the world by providing all of the help and tools to succeed online
  • Acquires Poynt, Expands Commerce Services with Offline Sales and Integrated Payments
  • GoDaddy pay $320 million in cash at closing and $45 million in deferred cash payments subject to certain performance
  • The transaction expected to close in the first quarter of 2021, subject to the satisfaction of regulatory approvals
  • Poynt accelerates strategy to provide a complete suite of commerce and payment services to address this critical customer need
  • Poynt spent the past seven years building the most advanced connected commerce platform on the market
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

US FTC Reports Consumers Lost $15.9 Billion to Fraud in 2025

The FTC reveals alarming fraud losses impacting millions of Americans.Highlights: Consumers lost $15.9 billion to fraud in 2025,...

EU, UK, and Switzerland Strengthen T1 Testing Plan for 2027 Transition

Three regions collaborate on testing ahead of joint financial move.Highlights: EU, UK, and Switzerland announce T1 testing plan.Collaboration...

NextGen FinCrime Initiative Strengthens Cross-Sector Collaboration

New talks aim to enhance cooperation in tackling financial crime across industries.Highlights: NextGen FinCrime initiative aims to unite...

Aviva Launches Insurance App on ChatGPT, Enhancing Customer Interactions

The new app aims to simplify insurance queries and support for users.Highlights: Aviva introduces an insurance app on...