Kalixa Gains Separation From Bwin, Launches Payments Platform

By  |  April 10, 2013
 | 

Kalixa is spinning off from online gaming company Bwin to launch its own payments platform, TechCrunch reports.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The move should allow Kalixa, which processed $3.5 billion in transactions in 2012, to focus more on payments and differentiate itself from an online gambling company in Bwin. Bwin – which partners with Zynga for its real-money gambling games – has invested $130 million into Kalixa at this point.

    Kalixa launched new products titled Kalixa Pro, Kalixa Pay and Kalixa Accept to target various aspects of the payments ecosystem.

    Read the full story here.


    Recommended

    Starbucks

    Starbucks Plans to Add and Remodel Stores After Closing 400 This Year

    CFPB funding

    Judge Orders Trump Administration to Continue Funding CFPB

    Who Controls Checkout? Price.com Pushes AI From Recommendation to Execution

    B2B-CFOs-New-Year-resolutions

    Three New Year’s Resolutions CFOs Are Making About Data and AI

    See More In: