Pin Payments Buys Spreedly Assets

Australia-based Pin Payments has acquired the subscription payment management service of cloud-based credit vault provider Spreedly. 

Pin Payments was formerly a customer of the North Carolina-based company, but decided to purchase this asset from Spreedly to shift its focus to other products.

The transition will be gradual, Spreedly said in a blog post, with Pin Payments taking over the subscription service at the end of September. 

Read the full blog post here.