Torpago Acquires Wishlife Technologies To Continue Rapid Expansion
03/17/22, 2:07 PM
Location
san franciscoIndustry
lending and investments
financial services
information technology
software
information technology
software
FinTech spend management platform Torpago announces today the acquisition of Wishlife, a technology company that specializes in innovative and secure video communications and content management software. The acquisition is uniquely structured as an all-stock deal, affirming Wishlife's belief in the mission, vision, and values of Torpago's brand and continued growth for the company. Earlier this year, Torpago announced the closing of a $77 million round - made up of $2M debt equity and $75 million in credit facilities - led by Operate, after over 100% MOM growth through 2021.
Company Info
Location
156 2nd street
San Francisco, Panamá Province, Panama
Company info
Torpago is a FinTech spend management platform on a mission to disrupt traditional corporate credit cards and modernize spend management for businesses of all sizes. Torpago empowers companies with simple and easy solutions that grant more extensive control and transparency of company spend. Launched in 2020, the Torpago cards and software enable hundreds of businesses to better manage spend.