Announced
Synopsis
PublicSquare, a financial technology company, agreed to acquire key software assets from Tandym, a financial technology company transforming the private label credit card industry. Financial terms are not disclosed. “This acquisition marks a major milestone in our mission to build a thriving fintech ecosystem. With this technology, we’re helping our merchants target their most valuable and brand-loyal customers, lower their customer acquisition costs, and boost customer retention. Importantly, this acquisition introduces private label credit cards to the SMB market for the first time, an area that has been flatly ignored by other issuers. Once integrated, merchants can break free from the constraints of traditional payment rails and establish stronger, values-aligned relationships with their customers. This is not just about providing customers with optionality at checkout; this is about transforming payments into a high-margin growth engine for our valuable merchant partners,” Michael Seifert, PublicSquare CEO.
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