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Synopsis
Wholesale Payments, a full-service payment processing and financial technology provider, completed the acquisition of textLIVING, a SaaS marketing, loyalty, and SMS engagement platform that enables merchants to increase revenue, automate communication, and drive customer retention. Financial terms were not disclosed. "This acquisition is more than a strategic investment, it's the next chapter in our company's transformation. textLIVING's platform perfectly aligns with our vision to become a first-in-class technology provider for small and midsize businesses. We're not only giving merchants tools to drive measurable growth, but we're also giving our ISOs and partners the technology to scale faster and compete at a higher level," Greg Bernstein, Wholesale Payments President.
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