Amazon buys Payfort

Not only is Amazon buying Souq.com, but it has also today bought Payfort.

“Today as part of Souq Group Inc. we are pleased to officially announce that Payfort International Inc. and its subsidiaries will be acquired by Amazon through Amazon’s acquisition of the Souq Group. We are excited about the future opportunities that are ahead of us as part of Amazon,” said Payfort CEO Omar Soudodi in a statement.

Payfort was established in 2013 to build online payment portals for businesses.

Read Wamda's coverage of the Souq acquisition here.

Feature image via Amazon.

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