M&A Deal Summary

Play2Pay Acquires Postr

On January 12, 2021, Play2Pay acquired financial services company Postr

Acquisition Highlights
  • This is Play2Pay’s 1st transaction in the Financial Services sector.
  • This is Play2Pay’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2021-01-12
Target Postr
Sector Financial Services
Buyer(s) Play2Pay
Deal Type Add-on Acquisition

Target

Postr

Wellington, New Zealand
Postr's platform rewards mobile phone users who allow sponsored content to reach them on their phone's lock screen in exchange for rewards consisting of free minutes and data. From its founding in New Zealand, Postr's partnerships with mobile network operators enable it to serve customers in more than 10 countries reaching more than 10 million potential subscribers.

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Buyer(S) 1

Buyer

Play2Pay

Fort Lauderdale, Florida, United States

Category Company
Founded 33301
Sector Financial Services
DESCRIPTION

Play2Pay is a global mobile payments platform that enables mobile phone users to pay their service provider bills by playing games, watching videos and completing special offers on their devices. Consumers discover new apps and brands, earning points the more they engage and converting time spent into making payments. The payments alternative combines mobile monetization and gamification.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: New Zealand M&A 1 of 1
Year: 2021 M&A 1 of 1