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Winback offers SMS eCommerce marketing solutions for small-medium sized businesses with a specialization in providing cart abandonment technology to Shopify merchants.
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Winback is expected to be immediately accretive to Wishpond, generating recurring revenue with healthy gross margins and positive cashflows.
VANCOUVER, BC, Jan. 4, 2022 /CNW/ – Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the “Company” or “Wishpond“), a provider of marketing-focused online business solutions, is pleased to announce that it has completed its previously announced acquisition of certain assets and specific liabilities (the “Assets“) from AtlasMind Inc. (d/b/a) Winback.chat (“Winback“). The total consideration for the Assets was US$700,000, paid with cash on hand. Based out of New York, Winback provides Wishpond with user-friendly and automated SMS marketing solutions, including a cart abandonment tool that can also be sold to Wishpond’s existing eCommerce clients, thereby creating a stickier offering.
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