GoDaddy buys payments processor Poynt

GoDaddy buying Poynt

GoDaddy buys payments processor Poynt for $320 million to boost ecommerce offerings.

GoDaddy said, Poynt’s technology will let it offer businesses a “complete suite of commerce and payment services”; Poynt CEO Bedier will run a newly created commerce division.

Poynt has raised $128 in VC funding.

GoDaddy (NYSE:GDDY) saw it’s shares up a little under 1.5%.

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