In a strategic development in the global customer engagement and fintech ecosystem, Capillary To Acquire Mastercard’s Loyalty Biz, SessionM, For $20 Mn marks a significant milestone for the fast-growing SaaS company. The acquisition is expected to bolster Capillary’s global footprint and strengthen its position in the competitive loyalty and customer engagement market.
India-headquartered Capillary Technologies has signed a definitive agreement to acquire SessionM, the loyalty business owned by global payments giant Mastercard, for $20 million. The transaction is subject to customary closing conditions and regulatory approvals.
Strategic Expansion into the U.S. and Europe
The acquisition
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