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Wishpond Technologies enters into agreement to acquire marketing solutions company Viral Loops

Wishpond Technologies enters into agreement to acquire marketing solutions company Viral Loops

Wishpond Technologies CEO Ali Tajskandar joined Steve Darling from Proactive to share news the company has made a key acquisition with the marketing firm Viral Loops. Tajskandar telling Proactive Viral Loops is based in London, England and is a referral marketing software platform that helps companies acquire new customers and increase sales through the power of word-of-mouth and referral marketing.

Tajskandar also said Viral Loops has strong revenue growth and over 15% EBITDA margins. Revenue in 2021 was US$800,000 generated from more than 700 diversified customers with half of those residing in the United States.