Investment firm IBID Group has purchased Dalberry, an all-in-one technology provider for secure online payments.
The payments disruptor launched last year with a mission to ‘fix the broken journey for merchants frustrated with existing clumsy and bureaucratic systems.’
Its team of specialists come from successful online merchants and from the global payments industry.
The company to rapidly create a robust, secure platform that has already won the support of banks and merchants alike during its soft launch.
IBID will help Dalberry to become a leading online payment company by increasing investment in business development, marketing and product development.
The firm will also contribute to the company’s overall sales strategy and accelerate the development of its electronic wallet concept to 2017.
IBID, which operates from offices in Hong Kong and London, is focused on investing in and buying companies across a number of different sectors, predominately internet-based companies with long term growth potential according to its website.
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