Shift4 Payments Acquires 3dcart

Shift4 Payments (NYSE: FOUR), a Las Vegas, NV-based provider of payment processing and technology solutions, acquired 3dcart, a ecommerce platform serving over 14,000 businesses.

The amount of the deal was not disclosed.

With the acquisition, Shift4 Payments will deliver a unified commerce solution to its customers.

Led by Gonzalo Gil, CEO, 3dcart is a feature-rich, multinational ecommerce platform serving businesses of all sizes in a wide range of industries. The company provides everything a business needs to build a secure ecommerce website and start selling products or services online. This ecommerce experience includes an intuitive website builder, product and order management, customer marketing tools and more. Customers can choose from dozens of professionally designed, industry-specific templates, all of which are mobile-friendly, SEO optimized and highly customizable. The platform encompasses hundreds of features including social media marketing, SEO, and an expansive marketplace ecosystem of third-party developers, experts and affiliates.

Led by CEO Jared Isaacman, Shift4 Payments is a provider of integrated payment processing and technology solutions, delivering a complete omnichannel ecosystem that extends beyond payments to include a wide range of commerce-enabling services. The company’s technologies help power over 350 software providers in numerous industries, including hospitality, retail, F&B, ecommerce, lodging, gaming, and many more. With over 7,000 sales partners, the company securely processed more than $200 billion in payments volume for over 200,000 businesses in 2019.

FinSMEs

05/11/2020

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