Ackroo Completes Acquisition of GiftFly’s eGift Card Business

HAMILTON, Ontario, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the “Company”), a loyalty marketing, payments and point-of-sale technology and services provider, through its' wholly-owned subsidiary Ackroo U.S. Inc., is pleased to announce that it has completed the acquisition of the GiftFly business from GiftFly LLC (the “Vendor”). GiftFly is an international payments company based in the U.S. with an eGift card product for small to medium sized merchants. Under the terms of the acquisition, Ackroo acquired all customer contracts and related IP of GiftFly’s digital gifting business adding over 4,000 merchant locations to Ackroo.

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