- Alliance Data leading provider of data-driven marketing, loyalty and payment solutions serving large, consumer-based industries
- Announced it has completed the acquisition of Lon Inc., a technology-driven digital payments company operating under the trademark Bread
- Offering an omnichannel solution for retailers and platform capabilities to bank partners
- The acquisition was completed under the terms of the previously announced definitive agreement entered into on October 28, 2020
- Alliance Data gains Bread’s flexible technology platform and will soon offer to its brand partners installment
- Bread will maintain its Tampa, Fla., customer care center and continue supporting its 400+ existing clients from its Innovation Center in New York City