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April 4, 2012 09:41 pm GMT

Accel-Backed YapStone Acquires Faith-Based Donation Service ParishPay

YapStone LogoE-payments company YapStone just announced that it has acquired ParishPay, a service for donating to faith-based organizations.YapStone's main product is RentPayment as you can probably guess, it's a service for property managers to collect credit card and electronic check payments from their tenants. However, when YapStone raised $50 million from Accel Partners last year, one of the stated goals was to expand into other e-payment markets.

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