M&A Deal Summary

Edge Mobile Payments Acquires Plastc

On December 14, 2017, Edge Mobile Payments acquired internet software and services company Plastc

Acquisition Highlights
  • This is Edge Mobile Payments’ 1st transaction in the Internet Software and Services sector.
  • This is Edge Mobile Payments’ 1st transaction in the United States.
  • This is Edge Mobile Payments’ 1st transaction in California.

M&A Deal Summary

Date 2017-12-14
Target Plastc
Sector Internet Software and Services
Buyer(s) Edge Mobile Payments
Deal Type Add-on Acquisition

Target

Plastc

Palo Alto, California, United States
Plastc is a digital payments company that designs and develops a payment card and an online wallet for making retail purchases. Plastc was founded in 2012 and is based in Palo Alto, California.

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Buyer(S) 1

Buyer

Edge Mobile Payments

Santa Cruz, California, United States

Category Company
Founded 2016
Sector Internet Software and Services
DESCRIPTION

Edge Mobile Payments LLC is an IoT Fintech company dedicated to enriching the user experience with its new mobile wallet and dynamic smartcard technologies. Edge Mobile Payments LLC was established in 2016 and is based in Santa Cruz, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1