Synchrony to Acquire Loop Commerce to Transform Digital Gifting
Synchrony Financial (SYF)
Last synchrony financial earnings: 4/21 06:30 am
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Source: Business Wire
Deepens Synchrony’s Extensive Relationships with Retailers, Unlocking New Opportunities through Personalized G-Commerce Capabilities STAMFORD, Conn.--(BUSINESS WIRE)-- Synchrony (NYSE:SYF) today announced a definitive agreement to acquire Loop Commerce, a technology leader in digital and in-store gifting services with its award-winning and patented GiftNow® platform and service. The acquisition will help diversify Synchrony’s business, broaden its reach, provide more strategic value and capabilities for partners, and deepen its technology portfolio. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180510006213/en/ “The acquisition of Loop Commerce allows Synchrony to move into an adjacent space by expanding our suite of products and services for retailers and consumers,” said Margaret Keane, president and CEO of Synchrony. “Our discipline
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