US-Based First Data To Acquire South African Startup For $50m0

• Companies
• August 1, 2014

ENTERPRISE54 – Leading American e-payment firm First Data, in an acquisition deal has agreed to pay $50 million for Gyft Inc., a San Francisco-based mobile gifting company owned by one of South Africa’s leading tech stars Vinny Lingham. “We are joining First Data to accelerate our growth and significantly improve the gift card experience for