visa inc. founded 2006 headquarters foster city california usa area served worldwide products ultimatepay parent visa inc. website www.playspan.com playspan is a payments company whose payments platform handles transactions for digital goods in online games digital media and social networks around the world . the company allows merchants to monetize their content using a broad suite of payment and commerce related solutions in fraud risk management analytics merchandizing and global payment connectivity . 1 company history edit playspan was founded in 2006 by karl mehta . in july 2008 playspan acquired internet payment solutions an alternative payments company 2 and in april 2009 playspan acquired spare change payments a social media payments company . 3 the company received a total of 46 million in funding from investors easton capital menlo ventures novel tmt ventures silicon valley bank capital stic investments softbank vodafone and ge asset management . 4 in march 2011 visa inc. acquired playspan for 190 million in cash earn outs over 2 years amounting to approximately 240 million in total purchase consideration . 5 references edit visa to acquire playspan . retrieved 6 july 2013 . playspan acquires paybycash . retrieved 6 july 2013 . playspan acquires spare change combining forces to monetize social game . retrieved 6 july 2013 . visa inc. press release on playspan acquisition . 02 09 2011 . check date values in date help visa to buy playspan for 190 million . reuters . 02 09 2011 . check date values in date help external links edit playspan company website playspan on crunchbase retrieved from https en.wikipedia.org w index.php title playspan & oldid 666732192 categories companies based in santa clara california2006 establishments in californiavisa acquisitionshidden categories cs1 errors dates navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 13 june 2015 at 07 43 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view