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Play2Pay Announces Acquisition of New Zealand Competitor, Postr, Positioning Itself as a Global Market Leader

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Fort Lauderdale, FL, USA, Jan, 2021 -- Play2Pay, Inc. (Play2Pay™), a global mobile payments platform that gamifies payments, announces the acquisition of New Zealand competitor, Postr, expanding its global profile. The acquisition will enhance Play2Pay's international expansion strategy and support continued growth of its customer base.

"Postr has developed world class monetization technology adopted by mobile service providers in countries around the world. Play2Pay's significant traction in large scale markets, including the U.S., will ensure that Postr's investments to date are fully leveraged," added William Ku, Former CEO of Postr and Advisor to Play2Pay™.

"The acquisition of Postr is representative of a focused plan underway to support and enhance Play2Pay's sustained international growth plan," said John Cooper, Board member of Play2Pay™ and former VP of Corporate Development and Strategy at Microsoft. "Play2Pay™ will build upon the assets and intellectual property acquired to further advance its global partnerships and expansion with mobile phone and utility sector customers."

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Posted by Veronica Silva Cusi, news correspondent
Source: https://www.prnewswire.com

Date Posted: Thursday, January 14, 2021



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