Digital Payments Firm Flexa to Buy Drop Party to Engage With Customers

Drop Party uses merchandise drops to connect brands and consumers

AccessTimeIconJun 10, 2022 at 1:48 a.m. UTC
Updated Jun 10, 2022 at 3:05 p.m. UTC
Daniel Alegre
CEO
Yuga Labs
Hear from Yuga Labs new CEO in his first public appearance since assuming the position.
Daniel Alegre
CEO
Yuga Labs
Consensus 2023 Logo
Hear from Yuga Labs new CEO in his first public appearance since assuming the position.

Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.

Daniel Alegre
CEO
Yuga Labs
Hear from Yuga Labs new CEO in his first public appearance since assuming the position.
Daniel Alegre
CEO
Yuga Labs
Consensus 2023 Logo
Hear from Yuga Labs new CEO in his first public appearance since assuming the position.

Digital payments firm Flexa plans to buy marketing technology company Drop Party to engage with customers through various online campaigns. Terms of the deal weren’t disclosed.

  • Drop Party is an online agency that uses merch drops to connect brands and consumers.
  • Under Flexa, Drop Party will continue working to connect fans and Flexa merchants, evolve loyalty platforms and integrate new technologies, including non-fungible tokens (NFT) and instant digital payments, according to a statement Thursday.
  • Flexa said in April it was expanding its options for merchants to accept over 99 different cryptocurrencies from any app or digital wallet.

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Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.


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Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.