BOSTON, June 8, 2017 /PRNewswire/ -- FE International announces the acquisition of Payfunnels, an online payments platform that provides secure payment forms, by Imtiyaz Momin.
John Philip Morgan and Dave Rogenmoser, co-founders of marketing company, Market Results started Payfunnels to help businesses manage invoices, schedule future payments and sell products. The platform is supported by Stripe.
"We are very excited about the future of Payfunnels under Momin's management," said Rogenmoser. "John and I are looking forward to seeing the business growing in the next few years. This acquisition allows us to focus on Proof and our other ventures."
Imtiyaz Momin is the co-founder of iAstute, a Texas based technology company servicing businesses from web development and IT support to mobile app development, internet marketing and e-commerce.
"I am looking forward to applying my developer and technology services background to build out more features and developmental improvements for Payfunnels," said Momin. "Combining IT support and online payment management will create more flexibility in customers' lives."
The sale of Payfunnels is yet another landmark deal for FE International, the market leader in the sale of online businesses. FE International acted as sole adviser to Payfunnels.
About FE International, Inc.: FE International provides M&A advisory services for mid-market SaaS, e-commerce and content businesses. The company has become the pre-eminent adviser and valuation thought-leader in the industry. FE offers comprehensive exit planning services, as well as direct access to an established network of pre-qualified international investors to drive demand and maximize value for the clients it represents. For more info visit www.feinternational.com.
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SOURCE FE International