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Ackroo Inc V.AKR

Alternate Symbol(s):  AKRFF

Ackroo Inc. acquires, integrates and manages gift card, loyalty marketing, payment and point-of-sale solutions used by merchants of all sizes. It develops and sells an online loyalty and rewards platform. Its self-serve, data driven, cloud-based marketing platform helps merchants in-store and online process and manage loyalty, gift card and promotional transactions at the point of sale. Its hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industries: automotive dealers and more. It is focused on helping to consolidate, simplify and improve the merchant marketing, payments and point-of-sale ecosystem for their clients. Its GiftFly is a self-serve eGift Card platform. Its Simpliconnect business offers software as a service, focused on driving client engagement. Its payment ISO affords the ability to resell payment processing solutions to their growing merchant base through some of the payment technology and service providers.


TSXV:AKR - Post by User

Post by Betteryear2on Oct 05, 2021 8:17am
234 Views
Post# 33965958

adds 5,400th customer location

adds 5,400th customer location

HAMILTON, Ontario, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Ackroo Inc. (TSX-V: AKR, OTC: AKRFF) (“Ackroo” or the “Company”), a loyalty marketing, payments and point-of-sale technology and services provider, is pleased to announce that have added their 5,400th customer location. The Company now supports over 5,000 AckrooMKTG, 300 AckrooPOS and 130 AckrooPAY customer locations and growing. The Company managed to not only add several new clients to hit the location milestone but also had a record number of current customers upgrade their programs to addition products and services like digital gift cards where now over 300 clients are leveraging that product offering, an 80% increase over the previous year.

“We are very excited about the organic growth we delivered over the past few months,” said Steve Levely, CEO of Ackroo. “After a very challenging start to 2021 with much greater attrition then we typically see and less customer growth it was great to see us bounce back over the summer. We achieved good net location growth while also driving a record number of upsells across our customer base. Our ability to not only add new clients but cross sell and upsell additional products and services to our current clients is key to our organic growth success. Areas like our digital gift card, mobile and AckrooPAY solutions were the main drivers and so we are excited for the great results the team delivered and the momentum we plan to carry into the future.”


https://www.globenewswire.com/news-release/2021/10/05/2308673/0/en/Ackroo-adds-5-400th-customer-location-and-achieves-other-business-milestones.html
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