
Marketing services provider Alliance Data Systems acquired “select technology assets” of Canton-based fintech company Blispay earlier this year, the company confirmed.
Blispay team members also joined the publicly traded company in the deal, said Alliance Data VP of Public Affairs Shelley Whiddon. Further details, including how many team members joined, were not disclosed.
The news was first reported by the Baltimore Business Journal.
The deal was completed in the first quarter, meaning it came several months after Blispay announced a move to “temporarily suspend lending,” citing demand.
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