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.
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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