Synchrony completed the acquisition of Loop Commerce.

Synchrony, a consumer financial services company, completed the acquisition of Loop Commerce, an enterprise software company developing an e‑gifting platform. Financial terms were not disclosed. “Delivering a unique and extraordinary customer experience is essential to any company’s competitive position. With Loop Commerce, we’ve added technical and gifting expertise to address the growing demand from our partners for transformational services that allow them to better address buyer behaviors,” Trish Mosconi, Synchrony EVP Business Strategy and Development.