Klarna completes SOFORT acquisition

Pressemeddelelser   •   Mar 14, 2014 17:08 CET

Klarna today announces the completion of the SOFORT acquisition as all conditions precedent for the closing have been fulfilled. The two companies will together form Klarna Group and become Europe’s leading alternative online payments provider.

·  Klarna Group’s services are used by over 25 million consumers and 45 000 online retailers across 14 European countries.

·  Klarna Group has processed over 140 million transactions.

·  Klarna Group can offer online merchants the payment alternatives most preferred by European consumers.

“We are excited to complete this acquisition and look forward to working together with SOFORT’s talented team. The Klarna Group will shape the future of online and mobile payments. Together we can accelerate growth and continue our journey toward being the world’s favorite way to buy”, said Sebastian Siemiatkowski, co-founder and CEO of Klarna.


Klarna blev grundlagt i Stockholm i år 2005 baseret på en idé om at tilbyde en enklere betalingsløsning. Dette gør vi ved at lade kunderne modtage varerne først og betale bagefter. Vi påtager os samtidigt alle de risici, der er forbundet med kredit og bedrageri, på vegne af de forretningsdrivende. I dag er Klarna en af Europas hurtigst voksende virksomheder.

I år 2014 gik vi sammen med SOFORT og dannede Klarna Group, Europas førende alternative betalingsudbyder. Klarna Group har mere end 1000 ansatte og er aktiv på 15 markeder. Vi betjener i dag 25 millioner forbrugere og samarbejder med 45.000 butikker. Vores mål er at blive verdens foretrukne betalingsudbyder.

Klarna today announces the completion of the SOFORT acquisition as all conditions precedent for the closing have been fulfilled. The two companies will together form Klarna Group and become Europe’s leading alternative online payments provider.

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Klarna raises €90 million for acquisition of SOFORT

Pressemeddelelser   •   Mar 14, 2014 17:07 CET

Klarna today announced it has raised €90 million from its investors, in order to finance the acquisition of SOFORT. The fundraising was led by Klarna’s founders, with participation from existing investors like Sequoia Capital, General Atlantic and Atomico.

“This additional funding is a vote of confidence in Klarna’s long term vision to become the world’s favorite way to buy. Together with SOFORT we are the leading European alternative payment provider and we will now further accelerate our growth. We are very proud that our existing investors continue to support Klarna in this way”, said Sebastian Siemiatkowski, CEO and co-founder of Klarna.

The acquisition of SOFORT was completed in early March, when the two companies formed Klarna Group, Europe’s leading alternative online payments provider. Klarna Group’s services are used by over 25 million consumers and 45 000 online retailers across 14 European countries. Klarna Group has processed more than 140 million transactions.


Klarna blev grundlagt i Stockholm i år 2005 baseret på en idé om at tilbyde en enklere betalingsløsning. Dette gør vi ved at lade kunderne modtage varerne først og betale bagefter. Vi påtager os samtidigt alle de risici, der er forbundet med kredit og bedrageri, på vegne af de forretningsdrivende. I dag er Klarna en af Europas hurtigst voksende virksomheder.

I år 2014 gik vi sammen med SOFORT og dannede Klarna Group, Europas førende alternative betalingsudbyder. Klarna Group har mere end 1000 ansatte og er aktiv på 15 markeder. Vi betjener i dag 25 millioner forbrugere og samarbejder med 45.000 butikker. Vores mål er at blive verdens foretrukne betalingsudbyder.

Klarna today announced it has raised €90 million from its investors, in order to finance the acquisition of SOFORT. The fundraising was led by Klarna’s founders, with participation from existing investors like Sequoia Capital, General Atlantic and Atomico.

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Klarna and SOFORT join forces to become one of the leading independent European online payments providers

Pressemeddelelser   •   Dec 18, 2013 17:09 CET

· Complementary businesses unite to accelerate growth across all European markets

· New group will combine payment alternatives preferred by more than half of German consumers

· Merchants to benefit from a new leading European payment group

Stockholm, Sweden and Gauting, Germany, December 18, 2013 – The payment providers Klarna AB (“Klarna”) from Sweden and SOFORT AG (“SOFORT”) from Germany today announced that they will join forces. Klarna is acquiring SOFORT from the majority shareholder Reimann Investors. Both companies will continue to offer their products side by side and operate on stand-alone basis. 

Klarna and SOFORT combined will have a 10 percent share of the USD 100 billion e-commerce market in which they operate. Klarna is a leading online payment provider in the Nordic countries, and SOFORT is a leading player in Germany and Austria. Together they will offer their solutions in 14 European countries. The combined group will have 25 million users and partnerships with more than 50 percent of all German online merchants. In total, the group will work together with 43,000 online merchants.

The transaction is subject to approval by the Swedish Financial Supervisory Authority.

Sebastian Siemiatkowski, CEO and co-founder of Klarna, said:

“We are delighted to be given the opportunity to work together with the exceptional team at SOFORT. Together we have an incredible opportunity to provide the most trusted payment solution to our merchants and make it simpler and safer for consumers to shop online.”

Dr. Gerrit Seidel, CEO of SOFORT, said:

“SOFORT and Klarna supplement each other in our service offerings as well as in our growth ambitions. Together we are providing online merchants the opportunity to offer both popular payment methods out of one hand in Germany and to develop further product innovations. We also look forward to continuing to foster our position as an independent, banking-friendly payment solution.”

Dr. Michael Riemenschneider, representative of the previous majority shareholder Reimann Investors and Chairman of the Supervisory Board of SOFORT AG, said:

“We are very pleased with this combination, as Klarna and SOFORT together will become a leading European player with a footprint in 14 European countries. Both companies complement each other to the benefit of both merchants and consumers. We believe this newly established group has such an enormous potential to emerge as a leading European provider of online payments that it was a logical step for us to re-invest in this group.”

FOR FURTHER INFORMATION, PLEASE CONTACT:

Klarna

Erik Engellau-Nilsson
VP Communications

Tel.: +46 70 002 90 91

erik.engellau-nilsson@klarna.com

For German media:

Philipp Pudelko

Tel.: +49 152 225 73 154

philipp.pudelko@klarna.com

SOFORT

Thomas Doriath / Michaela Graßl
Tel.: +49 89 / 89 35 63 – 40
presse@sofort.com

About Klarna

Klarna offers safe and easy-to-use payment solutions to e-stores in Europe and was founded in 2005 with the ambition to make e-commerce safer and simpler. At the core of Klarna’s services is the concept of after delivery payment, which lets buyers receive ordered goods before any payment is due. At the same time, Klarna assumes the credit and fraud risk for e-stores so that sellers can rest assured that they will always receive their money. Klarna’s vision is to enable trust and to offer a frictionless buying experience to buyers and sellers across the world. Today, Klarna’s payment solutions are integrated by more than 18,000 online shops in Sweden, Norway, Denmark, Finland, Germany, Austria and the Netherlands.

About SOFORT

With the payment system SOFORT Banking (in German speaking countries called, SOFORT Überweisung), SOFORT Überweisung Paycode and the online verification system SOFORT Ident, SOFORT AG offers innovative products for a secure payment of merchandise and digital goods on the Internet. With its product SOFORT Banking (SOFORT Überweisung) - an online banking based e-Banking service initiating a direct credit transfer - the company located in Gauting near Munich is the market leader amongst the direct credit transfer solutions in Germany. Over 25,000 e-commerce shops process more than 2.5 million transactions with SOFORT Banking (SOFORT Überweisung) per month. Apart from Germany, the service can also be used in Austria, Switzerland, Belgium, France, the Netherlands, United Kingdom, Italy, Spain and Poland. 


Klarna blev grundlagt i Stockholm i år 2005 baseret på en idé om at tilbyde en enklere betalingsløsning. Dette gør vi ved at lade kunderne modtage varerne først og betale bagefter. Vi påtager os samtidigt alle de risici, der er forbundet med kredit og bedrageri, på vegne af de forretningsdrivende. I dag er Klarna en af Europas hurtigst voksende virksomheder.

I år 2014 gik vi sammen med SOFORT og dannede Klarna Group, Europas førende alternative betalingsudbyder. Klarna Group har mere end 1000 ansatte og er aktiv på 15 markeder. Vi betjener i dag 25 millioner forbrugere og samarbejder med 45.000 butikker. Vores mål er at blive verdens foretrukne betalingsudbyder.

• Complementary businesses unite to accelerate growth across all European markets • New group will combine payment alternatives preferred by more than half of German consumers • Merchants to benefit from a new leading European payment group

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Klarna reaches 50 million transactions

Pressemeddelelser   •   Dec 20, 2012 11:20 CET

Klarna, the company that makes it simple and safe to shop online, has processed 50 million transactions since it was founded in 2005. Over 8 million consumers in 7 countries have used Klarna.

Kontaktpersoner 1 kontaktperson

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  • Vice President Communications
  • prccesuis@dbkljaarnmnagb.cqlomwi

Om Klarna AB (publ)

Klarna blev grundlagt i Stockholm i år 2005 baseret på en idé om at tilbyde en enklere betalingsløsning. Dette gør vi ved at lade kunderne modtage varerne først og betale bagefter. Vi påtager os samtidigt alle de risici, der er forbundet med kredit og bedrageri, på vegne af de forretningsdrivende. I dag er Klarna en af Europas hurtigst voksende virksomheder.

I år 2014 gik vi sammen med SOFORT og dannede Klarna Group, Europas førende betalingsudbyder. Klarna Group har mere end 1400 ansatte og er aktiv på 18 markeder. Vi betjener i dag 45 millioner forbrugere og samarbejder med 65.000 butikker. Vores mål er at blive verdens foretrukne betalingsudbyder.

Adresse

  • Klarna AB (publ)
  • Sveavägen 46
  • 111 34 Stockholm
  • Sweden