Pineapple Payments

Pineapple Payments, a rapidly growing payments technology company based out of Pittsburgh, announced today that it acquired 1st Payment Systems. Based in Roswell, Georgia, 1st Payment creates comprehensive payment programs for associations and Integrated Software Vendors (ISVs) in the Powersports and healthcare industries. Pineapple’s technology now becomes a focus of this strategic partnership, giving 1st Payment the ability to introduce new solutions and enabling both companies to deepen relationships with new and existing association partners. Terms were not disclosed.

Both Pineapple Payments and 1st Payment share a solution-focused approach to payments that mutually benefit association and ISV channel partners in its key market segments. The companies are working together to leverage Pineapple’s proprietary Transax platform, including its out-of-the-box features and suite of APIs, to offer more targeted solutions that increase revenue and create a better payments experience for all.

1st Payment is led by co-founders, Matt Tanzy, CEO, and Brandon Kaylor, President. Both Tanzy and Kaylor will play critical roles in managing the business on a go-forward basis within Pineapple Payments.

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The post 1st Payment Acquisition to Complement Pineapple’s Plans to Expand Direct Sales and Scale its Reach to ISVs appeared first on The Strawhecker Group.