PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

Transact Campus Acquires Canadian Startup Hangry

By Jordan Hirschfield
July 14, 2022
in Analysts Coverage, Credit, Debit, Emerging Payments, Mergers and Acquisitions, Processing
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
CFPB payment plan Transact Campus Acquires Canadian Startup Hangry

Transact Campus Acquires Canadian Startup Hangry

Mobile payments are becoming increasingly popular on college campuses. Not only do they offer a convenient way to order food and pay for delivery, but they can also be used to make dining hall reservations and take advantage of loyalty and rewards programs. In addition, mobile payments can help to reduce the risk of fraud and theft. When used properly, mobile payments can provide a secure and convenient way to make purchases on campus. Where does Hangry come in?

Transact Campus acquired Canadian startup Hangry in a move to strengthen their portfolio of services providing transactional services in campus environments. The acquisition brings Hangry’s services already provided through a partnership in-house as detailed in the news release:

“The Hangry platform is built to serve the specific needs of the campus ecosystem and is fully integrated with the Transact platform. To date, Transact has processed 24 million mobile order transactions totaling over $200 million using the Hangry solution. The mobile-first platform delivers a robust application that is custom-branded for schools.”

Hangry brings additional services such as loyalty and rewards as well as other advances that Transact can add into their student-focused portfolio that seeks to take advantage of technology that students are accustomed to using:

“’We are excited to welcome the talented Hangry team and to combine their innovative R&D culture with the continued successes of our Campus Commerce solutions at Transact,” said Nancy Langer, CEO at Transact. “The acquisition will enable us to build on Hangry features and functionality as well as incorporating them into the wide array of Transact solutions that already provide a leading mobile-centric experience for millions of students.’”

Hangry’s services have been offered through partnership to Transact customers, which provides the opportunity to integrate those services into Transact’s permanent portfolio in an accelerated fashion and for those already working through the partnership to continue utilization without interruption.

Overview by Jordan Hirschfield, Director, Prepaid Advisory Service at Mercator Advisory Group

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Tags: Financial ServicesMergers and AcquisitionsPayment ProcessingPayment ProcessorPayment TechnologyPayments TechnologyProcessingTechnologyTransaction Processing

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    commercial card, Allpay ClearBank Prepaid Payments, wealth transfer

    How Banks Can Capture the Wealth Transfer from Boomers to Gen Z

    June 20, 2025
    embedded lending

    Embedded Lending as a Growth Strategy for ISVs—How to Maximize Revenue Potential

    June 18, 2025
    merchant ai

    Merchants Find More Use Cases for AI Amid Risks

    June 17, 2025
    prepaid payroll

    Taking the Check Out of Paycheck: The Role of Prepaid in Payroll

    June 16, 2025
    Banking-as-a-service BaaS

    Remodeling Main Street: How Community Banks Can Leverage the Banking-as-a-Service Paradigm

    June 12, 2025
    How Employee Performance Enhances the Customer Experience

    Three Strategies to Maximize Loyalty in the AI-Driven World 

    June 11, 2025
    PFM tools

    How FIs Are Cutting Through Subscription Clutter with PFM Tools

    June 10, 2025
    child identity theft

    Stranger Danger: Protecting Your Children from Identity Theft

    June 9, 2025

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result