Hospitality payment solutions provider MyCheck that was founded in 2011 announced its acquisition by Eyal Ofer’s O.G. Tech Ventures, Ofer Global Group’s tech investment arm. With international business interests in real estate, energy, maritime shipping, and banking Ofer Global group’s acquisition of MyCheck is seen as both strategic and timely, providing support for its global expansion in the restaurant and hotel industries and positioning it as a leader in the global payment sector.
“MyCheck is fast becoming a disruptor in hospitality through its mobile payment technology and the seamless guest experiences that it creates,” said Ofer Global chairman, Eyal Ofer. “With our support and long-term approach to building global businesses, we look forward to seeing MyCheck continue to expand and seize exciting opportunities for the company.”
New York-based MyCheck offers hotels and restaurants a digital customer engagement experience, leveraging their multi-layered mobile payment products across booking, staying, and dining. With their ability to keep up with compliance standards, user trends, and new payment options, MyCheck holds a substantial customer portfolio that includes notables such as Cheesecake Factory and Red Lion Hotels.
Shlomit Kugler, CEO and co-founder of MyCheck, looks forward to working with Eyal Ofer’s business family, with the acquisition enabling the company to bring their innovative solutions to a wider audience across the globe.
Related posts:
- June Consumer Electronics Week in NYC Includes Focus on Payment Solutions Technology
- Katapult Goes Public, Startup Now a Successful Unicorn with Innovative E-commerce Point-of-Sale Purchase Payment Platform
- Payment Processing Startup’s Innovation Drives Explosive Growth
- Toms River Digital Media Company Yashi Acquired for $33 million
- InEVit Acquired by SF Motors, Taking in their Innovative EV Battery Technology