Stocard - A Klarna Group Company

On the way to the no.1 mobile wallet in the world. We revolutionize how people shop, pay and access financial services.

General Information
Company Name
Stocard - A Klarna Group Company
Founded Year
2012
Location (Offices)
Mannheim, Germany +7
Founders / Decision Makers
Number of Employees
27
Industries
Fintech, IT, Information Technology +2
Funding Stage
Series B
Social Media

Stocard - A Klarna Group Company - Company Profile

Stocard, now part of Klarna Group, is a rapidly expanding player in the fintech sphere, aiming to establish itself as the premier mobile wallet globally. With a workforce of 400+ developers and a user base exceeding 125 million, the company sets its sights on transforming the shopping and payment experience. The free Stocard app offers a seamless solution, transforming smartphones into a digital wallet, enabling users to integrate loyalty cards, access personalized offers, and conduct transactions. The company's value proposition extends to retailers and brands, offering data-driven insights to drive sales, instill loyalty, and optimize marketing campaigns. Leveraging first-party data points, Stocard scrutinizes millions of touchpoints to enhance customer experience and campaign ROI measurement. Moreover, it fosters partnerships with industry giants and media agencies, underscoring its commitment to collaboration and team synergy across its global hubs. Established in 2012 and headquartered in Germany, the company secured a $20 million Series B investment in June 2018 from a notable consortium of investors, including High-Tech Gründerfonds, Rocketship VC, Alstin Capital, Shortcut Ventures, Macquarie Capital, and Engelhorn. Stocard's trajectory signals a promising future, underpinned by its innovative approach, strategic partnerships, and widespread adoption.

Taxonomy: Mobile Wallet, Loyalty Programs, Retail Technology, Consumer Engagement, Digital Innovation, Global Expansion

Funding Rounds & Investors of Stocard - A Klarna Group Company (5)

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Funding Stage Amount No. Investors Investors Date
Series B $20.00M 6 Macquarie Capital, Engelhorn +1 05 Jun 2018
Series A $4.44M 3 22 Dec 2016
Venture Round €4.00M 1 CEWE Photoworld 20 Mar 2016
Funding Round $1.30M - 01 Jan 2014
Seed Round $850.00K - 11 Dec 2012

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