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.
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