Torpago Acquires Wishlife Technologies

March 17, 2022

FinTech spend management platform Torpago has acquired Wishlife Technologies (owned by Innovative Technology Group) in an all-stock deal to integrate Wishlife’s secure video communications and content management technology and engineering team. The acquisition brings Wishlife’s CTO Lei Wang into Torpago and aims to accelerate Torpago’s product roadmap and technology capabilities as the company expands following a recent $77 million financing package.

Buyers
Torpago
Targets
Wishlife Technologies
Sellers
Innovative Technology Group
Industry
Software
Location
California, United States
Transaction Type
Buyout

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