Australian mobile employee engagement app Reffind has acquired employee recognition platform WooBoard, giving it access to the US.

Consideration for WooBoard comes in AUS$1.25m (£577k) of Reffind scrip – the equivalent of an IOU – to save Reffind cash for future expansion. The deal will see WooBoard investors end up with between 900k and 2.9m Reffind shares, dependent on achieving set revenue milestone. 

Reffind recently signed a deal with the Asia-Pacific arm of global recruiter Randstad.