Prepaid Technologies Acquires dash Purchasing Card Portfolio from Karmic Labs

March 1, 2019

Prepaid Technologies acquired the dash purchasing card portfolio and select assets from San Francisco-based Karmic Labs, closing the deal on March 1, 2019. The acquisition more than doubles Prepaid Technologies' purchasing card portfolio and adds an expense management platform and several Karmic team members to Prepaid Technologies' operations.

Buyers
Prepaid Technologies
Targets
dash (Karmic Labs)
Sellers
Karmic Labs
Location
California, United States
Transaction Type
Divestiture

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