Klarna / Stocard 2021

Klarna acquired Stocard on June 15, 2021.

Target

Stocard

Acquirer

Klarna

Deal type

Undisclosed

Announced

June 15, 2021

Sub-sector

Lending

Klarna picks up Mannheim-based mobile wallet and loyalty card app with 60M users to scale its retail consumer footprint across Europe and Australia.

Deal value

—

Target revenue

—

Target EBITDA

—

EV / Revenue

—

EV / EBITDA

—

Announcement

June 15, 2021

Close date

July 15, 2021

Acquirer

Klarna (Strategic)

Target HQ

Germany

Deal type

Undisclosed

Sub-sector

Lending

Source: klarna.com