Ofer subsidiary OG Tech Ventures has bought the Santander-backed hospitality payment technology provider for an undisclosed amount.
Financial services firm Santander has exited US-based mobile payment technology developer MyCheck through an acquisition of undisclosed size by diversified corporation Ofer Global’s technology investment vehicle, OG Tech Ventures.
Founded in 2011, MyCheck develops mobile payment products for the retail and hospitality sector. Clients can use the technology to create their own online ordering systems and apps, as well as systems that allow them to accept payments from customers’ mobile devices.
Ofer Global chairman Eyal Ofer said: “This acquisition will…
