Stocard: Swedish fintech giant Klarna acquires German startup Stocard for about 110 million

The Swedish fintech giant Klarna seems to be on an acquisition sprint. After acquiring UK-based HERO earlier this month, Klarna now bought the Mannheim-based fintech startup Stocard. According to our sources, the acquisition deal values Stocard at about €110 million. Founded in 2011, Stocard offers its 60 million users worldwide a bundling of customer cards [...] The post Swedish fintech giant Klarna acquires German startup Stocard for about €110 million appeared first on EU-Startups.