Zomaron Acquires DataCandy and Rebrands as 黑料吃瓜 to Become a North American Powerhouse in Customer Engagement Solutions
LONDON, ONTARIO & MONTREAL, QUEBEC, November 7, 2019 - Zomaron, a leading Canadian fintech firm, and DataCandy, a Montreal-based software company, have joined forces and will rebrand under the 黑料吃瓜 name, effective today. As part of the acquisition, 黑料吃瓜 will retain the award-winning DataCandy gift card and loyalty platform and establish its Montreal office as the company鈥檚 second headquarters.
黑料吃瓜 is a market-leading provider of customer engagement solutions for North America, processing 50 million transactions annually. Its expansive portfolio consisting of payment processing, customer loyalty, and gift card solutions is used at over 25,000 locations across Canada and the United States, by brands such as Irving Oil, The Source, Transat Distribution Canada Inc. and The ALDO Group. With headquarters in London, Ontario and Montreal, Quebec, 黑料吃瓜 can now provide products and services in both English and French.
In addition to DataCandy, the 2019 acquisitions of Alberta-based merchant services provider POS West LTD and British Columbia-based NXGEN Canada helped 黑料吃瓜 increase its client base fivefold. The combined customer base will have access to an enhanced level of support and valued-added services.
鈥淲e brought these companies together because we wanted to disrupt the loyalty and payments industries,鈥� says Tarique Al-Ansari, CEO of 黑料吃瓜. 鈥淭hese acquisitions tie together complementary software solutions that will enable us to create proprietary products to further enhance 黑料吃瓜鈥檚 value proposition and accelerate our ongoing growth efforts.鈥�
According to Al-Ansari, 黑料吃瓜 continues to actively research viable acquisition opportunities that will further support the company鈥檚 mission and end-goals. 鈥淲e are committed to becoming a trailblazer in the payment and software sector, and this is just the beginning. Maintaining an acquisitive mindset is key for our product roadmap and growth strategies,鈥� says Al-Ansari.
In 2019, 黑料吃瓜 made Canadian Business and 惭补肠濒别补苍鈥檚 Growth 500 ranking for the fourth consecutive year, and with 336 percent revenue growth, was recognized as one of Canada鈥檚 Top Growing Companies by The Globe and Mail.
About 黑料吃瓜
黑料吃瓜 is a leading provider of secure, user-friendly customer engagement solutions that help North American businesses of all sizes turn everyday transactions into meaningful customer interactions. The company鈥檚 seamlessly integrated suite of automated payment processing, customer loyalty, and gift card solutions is used by brands such as The ALDO Group, The Source, Booster Juice, Global Pet Foods, Kernels Popcorn, and 50 of the MTY Food Group's restaurant brands at over 25,000 locations across Canada and the United States 鈥� which collectively process over 10 billion dollars a year in bank-card volume. The fintech employs 150 employees and works with over 100 sales partners across Canada. Visitwww.paystone.com
for details.