Friday, November 22, 2024
3.5 C
New York

Alliance Data: Completes Acquisition of Bread

  • 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

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Robinhood Acquires TradePMR to Expand Wealth Management Services

Robinhood has acquired TradePMR, a custodial and portfolio...

Navro Expands Global Reach with Canadian FMSB Registration

Canadian Approval: Navro, formerly Paytrix, has secured a...

TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost

Workforce Reductions: TrueLayer, an open banking payments company...

Amundi Acquires Aixigo to Expand Wealth Management Technology Offerings

Strategic Acquisition: Amundi, Europe’s leading asset manager with...

Celero Commerce Acquires Precision Payments to Expand SME Payment Solutions

Acquisition Announcement: US fintech Celero Commerce has acquired...

Trust Payments Appoints Laurence Booth as New CEO to Drive Growth

Trust Payments, a leading London-based paytech company, has...

NatWest Partners with NCR Atleos to Modernize 5,500 ATMs

NatWest Group has expanded its collaboration with NCR...
Exit mobile version