Cornerstone Global Management Acquires Paydrop
March 28, 2022
Cornerstone Global Management, Inc. has acquired Paydrop in a cash-and-stock transaction, integrating Paydrop’s leadership and payment capabilities into Cornerstone’s Hedge payroll-to-crypto conversion platform. The deal expands Cornerstone’s ability to offer crypto and blended fiat/crypto payment services to freelancers, gig workers and traditional employers across the United States.
- Buyers
- Cornerstone Global Management, Inc.
- Targets
- Paydrop
- Industry
- Payments & Fintech
- Location
- United States
- Transaction Type
- Buyout
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