African Startup 'Gyft' Acquired By US Payment Firm For $50 Million - Programming - Nairaland
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| African Startup 'Gyft' Acquired By US Payment Firm For $50 Million by davidsmith8900: 9:49pm On Aug 21, 2014 |
US based payment technology and services solutions firm First Data, has acquired Gyft Inc., a gift card startup founded by South African entrepreneur Vinny Lingham for around $50 million according to reports. The move aims at enabling consumers to buy, send, manage and redeem gift cards using mobile devices. Gyft is a mobile wallet accessible by website and as a free app on iPhone and Android devices and says it has over 200 recognized retailers and brings its power to First Data’s 300 plus national retail prepaid clients. Link ~> http://pando.com/2014/07/30/payments-giant-first-data-acquires-gyft-in-an-effort-to-bring-digital-gift-cards-to-the-masses/ Link ~> http://i1.wp.com/techmoran.com/wp-content/uploads/2014/07/Vinny-Gyft.jpg |
| Re: African Startup 'Gyft' Acquired By US Payment Firm For $50 Million by Donkunxex(m): 9:59pm On Aug 21, 2014 |
South africa again 1 Like |
| Re: African Startup 'Gyft' Acquired By US Payment Firm For $50 Million by davidsmith8900: 10:02pm On Aug 21, 2014 |
Donkunxex: South africa again The last one was Ghanian. Did u hear about Apple buying a Nigerian Startup? It's not just South Africa. Its everywhere. Even Kenya. |
| Re: African Startup 'Gyft' Acquired By US Payment Firm For $50 Million by Donkunxex(m): 10:04pm On Aug 21, 2014 |
davidsmith8900:it wasnt niqerian based..or was it? 1 Like |
| Re: African Startup 'Gyft' Acquired By US Payment Firm For $50 Million by davidsmith8900: 10:23pm On Aug 21, 2014 |
Donkunxex: It started as Nigerian based. |
| Re: African Startup 'Gyft' Acquired By US Payment Firm For $50 Million by Nobody: 10:44pm On Aug 21, 2014 |
Forget whether its Nigerian or not.. We are full of Copy and Paste Idealists.. Nice one "Gyft" 1 Like |
| Re: African Startup 'Gyft' Acquired By US Payment Firm For $50 Million by davidsmith8900: 10:58pm On Aug 21, 2014 |
Djangocode: Forget whether its Nigerian or not.. We are full of Copy and Paste Idealists.. Nice one "Gyft" Yeah, very true. |
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