2023-04-26 08:49:29 ET
- Logiq ( OTCQX:LGIQ ) has acquired Park Place Payments, a fintech company delivering innovative merchant payment solutions and adjacent financial services to SMBs through a nationally distributed local sales force.
- Logiq acquired Park Place as a wholly owned subsidiary in an all-stock transaction valued at more than $6 million after the achievement of certain milestones.
- The addition brings ‘cross-pollination’ opportunities for growth and innovation between its platforms, and a means to differentiate itself among other digital marketing and AdTech companies.
For further details see:
Logiq acquires Park Place Payments in transaction valued over $6M