In August Lendstar embark on the difficult path of insolvency. Now the payment app is finally being saved: Epay, based in Planegg near Munich, has acquired Lendstar and integrated it into its company.
The provider of voucher systems, corporate incentives, and payment solutions is acquiring the Munich-based payment startup Lendstar. The two companies have already collaborated in the area of prepaid solutions in recent years. Marc Ehler, Managing Director Europe Epay, says:
"Lendstar is a pioneer in the mobile payment space and highly innovative. Right from the start, we were impressed not only by the technical solution but also by the founder himself."
“A partner we trust and value highly”
Lendstar founder Christopher Kampshoff will be working for the Planegg-based company. He says:
"Working with a global player like Epay will enable us to take our services to a new level and offer them internationally—in Europe and beyond. We look forward to actively shaping the mobile payment market together."
Lendstar’s corporate blog states:
“We are very pleased to now be part of the Epay family—and thus have a partner we trust and value highly.”
