Paysign acquires Gamma Innovation, names Michael Ngo chief innovation officer

Paysign (PAYS) announced that it has acquired the assets of Gamma Innovation. As part of this strategic acquisition, Paysign has appointed Michael Ngo, former managing member of Gamma, as its chief innovation officer. “This acquisition represents an exciting milestone for Paysign as we accelerate our growth strategy and expand our technology-driven solutions,” said Mark Newcomer, President & CEO of Paysign. “Michael and his team have developed innovative donor engagement and management solutions for the blood and plasma collection industry. By integrating Gamma’s technologies, Paysign will deliver enhanced engagement, compensation and resource management solutions across our core markets. These new capabilities will not only strengthen our relationship with plasma clients but will also bolster our patient affordability solutions by incorporating advanced patient retention and adherence tools into that market. We enthusiastically welcome Michael and his team, recognizing their substantial contributions as highly synergistic to Paysign’s long-term strategic vision.”