Tuesday, December 1, 2015

Allied Wallet Hires Investment Banker

Los Angeles-based payment services provider Allied Wallet said this morning that it has hired BofA Merrill Lynch as a financial advisor to the company. The company said that BofA Merrill Lynch will advise the company on potential "strategic opportunities", including private placement or an IPO. Allied Wallet is led by Andy Khawaja. Allied Wallet provides payment processing services to websites and other businesses.

---