We are excited to announce that Twitter is acquiring CardSpring!
We started CardSpring with a vision to develop a new type of platform that enables digital publishers and retailers to work with the payment industry to create a new generation of commerce experiences for hundreds of millions of offline shoppers. We see the intersection of payments and digital media as an opportunity to revolutionize how consumers use credit and debit cards, while helping retailers to connect and communicate with their offline shoppers - much in the same way the Internet has enabled online stores to create relationships with their online customers.
When we started talking with the Twitter commerce team, we quickly realized our philosophies were perfectly aligned, and by joining them, we’d be able to significantly accelerate our vision. So we’re making it official and are joining the flock! At Twitter, we will continue to grow the adoption of our platform and work with our publisher, financial, and retail partners to create new, innovative commerce experiences for consumers.
We’d like to thank everybody who has helped us on our journey thus far, especially our investors and advisors including Accel Partners, Greylock Partners, Morado Venture Partners, SV Angel, Data Collective, Felicis Ventures, the Webb Investment Network, Tim Cadogan, Bill Campbell, Ramneek Gupta, John Hering, Simon Levin, Farzad Nazem, Alex Rampell, Cyriac Roeding, and Brad Silverberg. We’d also like to thank FT Partners, who acted as our exclusive strategic and financial advisor throughout the acquisition process.
Learn more on Twitter's blog.