RentPayment to Buy Property Bridge

YapStone’s RentPayment, which provides electronic payments for property managers and other vertical markets, will acquire PropertyBridge, its largest competitor. Yapstone recently landed $50 million in VC backing from Meritech Capital Partners and Accel. PropertyBridge is a subsidiary of MoneyGram International; terms of the deal were not publicized.

19 September 2011•3 mins read
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