GoDaddy

Photo: PCMAG

GoDaddy Acquires Fin-Tech Firm Poynt For $365 Mn

Renowned internet domain registrar GoDaddy has agreed to buy the fin-tech platform Poynt for $365 million. Reportedly, Poynt's CEO Osama Bedier will join the GoDaddy leadership team and will head a new business section. As per GoDaddy officials, the deal has been scheduled to conclude in the 1st quarter of 2021. Bedier said, "Our team is super excited to join forces and help millions of GoDaddy entrepreneurs sell everywhere."

Wed, 16 Dec 2020 - 02:54 PM / by Sakshi Amrutkar

Tags: GoDaddy, Poynt, Startups

Courtesy: Business Insider