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Market Impact: 0.25
DRAGONPASS ACQUIRES ICOUPON THE LEADING GLOBAL VOUCHER REDEMPTION NETWORK TO BUILD INTERNATIONAL LOYALTY-AS-A-SERVICE PLATFORM
Source: PR Newswire
M&A & RestructuringTechnology & InnovationTravel & LeisureConsumer Demand & RetailBanking & Liquidity
Dragonpass is acquiring iCoupon, combining Dragonpass' loyalty infrastructure—which powers 35 of the world's 50 largest banks—with iCoupon's vouchering technology, which supports more than one billion passengers. The deal is expected to strengthen dining and retail capabilities immediately, with longer-term expansion opportunities; no financial terms were provided.
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