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 May 11, 2023 at 5:40 p.m. UTC

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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