Sphere, a provider of end-to-end integrated payments and security software, has announced strategic investment with Qgiv, Inc., a provider of cloud-based fundraising software that facilitates payments as part of its solution for non-profit and charitable organizations.
“Qgiv strategically complements the Sphere’s growth initiatives to enhance the technology that facilitates payments in more innovative and secure ways,” said Steve Rizzuto, CEO of Sphere. “Their path to continued growth aligns with Sphere’s strengths in integrated, secure payment solutions.”
“The addition of Qgiv to the Sphere family of companies significantly advances our strategy of integrating key software applications to our core payments offering, in this case in the non-profit and charitable giving sector,” said Andrew Rueff, Executive Chairman of Sphere. “Todd Baylis, chief executive officer, and co-founder, and his team have established Qgiv as a leading software company in a highly attractive vertical market, and they have a reputation for delivering innovative software solutions. This aligns very well with Sphere’s core values and strategy.”
“We’re excited to partner with Sphere and truly believe that their platform, roadmap and extensive knowledge of integrated payments will ultimately provide great benefits to the customers we work with and the non-profit market as a whole,” said Baylis of Qgiv. “We look forward to partnering with Andrew, Steve, and the Sphere team to continue to improve and iterate Qgiv’s online fundraising platform based on customer feedback and solving the needs of our current and future customers.”