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

Visa Strengthens Role as Super Validator in Canton Network

Visa's new position enhances blockchain transaction verification in the Canton network.Highlights: Visa becomes a super validator within the...

Monument Bank to Tokenise Retail Deposits, Enhancing Digital Banking Access

New initiative aims to modernize retail banking and improve deposit management.Highlights: Monument Bank plans to tokenize retail deposits...

Solaris Aims to Become Europe’s First AI-Native Bank

The German fintech introduces AI-driven banking solutions for a modern banking experience.Highlights: Solaris plans to introduce AI-driven banking...

ECB Board Member Advocates for Digital Euro Adoption

The move aims to modernize the Eurozone's financial system.Highlights: ECB Board Member calls for the urgent implementation of...