Fintech News

Xalles Acquires Loyalty Superstore to Provide a Unique White Label Online and In-store Shopping Experience

Xalles Acquires Loyalty Superstore to Provide a Unique White Label Online and In-store Shopping Experience

LSS Provides Expanded Shopping Capabilities That Complement our Existing Global Savings Network

Xalles Holdings Inc., a fintech holding company providing technology and financial services solutions, announced that it has executed an acquisition agreement with Florida-based Loyalty Superstore, Inc. (“LSS”) to become a wholly owned subsidiary under Xalles Financial Services Inc.

Loyalty Superstore encompasses 3 unique loyalty, rewards and customer acquisition platforms including the highly customizable National Mall, National Mall Plus and Local Thanks. They provide online shopping experiences directly to consumers and through white-labeled solutions to small and medium sized businesses, membership clubs and non-profits that include consumer cash rebates and discount coupons. The National Mall contains over 1200 major national retailers and Local Thanks provides links to thousands of local merchant coupons.

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Martin Berns, CEO of Loyalty Superstore, commented, “Xalles is the perfect match for us. Their Global Savings Network, Artificial Intelligence capabilities and Fintech Solutions will allow us to provide a complete marketing and communication toolbox that has previously been unavailable to the SMB marketplace.”

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“We are pleased to announce that the LSS team is joining Xalles at this time as we are assembling a unique combination of consumer shopping experiences,”  stated Xalles Holdings CEO Thomas Nash.

LSS was previously a participant in the Xalles Studio. The LSS acquisition is contracted to be completed on or before March 31, 2023.

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