stocard-joins-klarna-and-gets-“smoooth”-with-all-new-brand-identity

Stocard joins Klarna and gets “Smoooth” with all-new brand identity

 

Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, today revealed the new “Klarna-fied” brand identity of Stocard, one of the world’s leading mobile wallet providers that enables consumers to gather all of their loyalty cards virtually in one single place and receive personalized offers. The rebranding marks the next step of Stocard’s integration into the Klarna ecosystem following its successful acquisition by Klarna in July 2021 and opens up the doors for commercial and technological synergies between the two company’s offerings.

David Handlos, Domain Lead and founder of Stocard said: “We could not have imagined a better home for Stocard than Klarna. We both share the same customer obsession and our new look and feel expresses this joint mission superbly. With its high-touch design language and captivating photography, Stocard’s new Klarna-fied branding both enhances our user experience and helps us better attract new audiences. And the brand is just the beginning. Our users and retailers can look forward to powerful new features coming their way soon as we tap into Klarna’s vast pool of talent and resources.”

The Stocard app lets consumers virtually store all of their loyalty cards, collect coupons and rewards, receive personalized offers, and even make mobile payments with a virtual prepaid card*. For retailers, the Stocard app offers a powerful data-based channel to engage consumers, drive traffic, sales and loyalty and understand consumer preferences.

The Stocard app will continue to be available for free to its 47 million active consumers across 45 markets and will be enriched with further features going forward as it integrates deeper with Klarna’s platform. At the same time, Stocard’s team will carry their domain expertise into Klarna’s product teams and develop new features in the Klarna app, the first of which will be revealed in the very near future.

David Fock, Klarna’s Chief Product Officer commented: “At Klarna, we want to help consumers save time and money every time they pay, whether that is online or in-store. With its clever mobile wallet solution, Stocard fulfills this very promise, making it the perfect addition to the Klarna family. By putting the consumer at the heart of every interaction, Klarna has flipped the script on how a bank should act, and this is reflected in our “Smoooth” look and feel. With the rebranding of Stocard we are now transporting the “Smoooth” experience to Stocard’s consumers and retailers across the globe. Above and beyond significantly broadening Klarna’s global footprint by a colossal 47 million consumers across 25 new markets, the acquisition of Stocard also allows us to embed the deep intelligence packed into Stocard’s payment and marketing technology into the Klarna app, with exciting new features to be announced very soon.”

Alongside Toplooks, HERO, APPRL, Inspirock and, most recently, PriceRunner, the acquisition of Stocard adds a further complementary pillar to Klarna’s unparalleled product offering. Spanning from virtual shopping, content creation and dynamic ads to travel planning and mobile wallets, Klarna’s acquisitions are delivering on the promise of saving time and money for more than 147 million consumers and helping its 400,000+ retailers engage their target audiences even more effectively. Especially for retailers aiming to seamlessly bridge their online and in-store shopping experience, omnichannel services like the Stocard app have become essential in winning over and retaining a new generation of shoppers.

klarna-completes-acquisition-of-pricerunner

Klarna completes acquisition of PriceRunner

 

Klarna, a leading global retail bank, payments, and shopping service today announced the completion of its acquisition of PriceRunner, the leading comparison shopping service in the Nordic region with operations in SwedenDenmarkNorway and the United Kingdom.

PriceRunner will bring new features to the Klarna app globally in the form of rich product discovery, price comparisons and product reviews to help consumers save time and money, and make informed decisions so they can take control of their finances. Klarna’s 400k+ global retail partners as well as PriceRunner’s retail partners will benefit from increased website traffic from high intent consumers and optimized marketing opportunities to further drive their growth.

All 200+ PriceRunner employees in SwedenDenmark and Norway are now officially part of the Klarna family.

David Fock, Klarna’s Chief Product Officer commented: “Together with PriceRunner we already have some exciting plans on how we can swiftly integrate our teams and technology stacks to launch products that enhance the shopping experience for Klarna’s 147m global consumers. We look forward to welcoming our new colleagues to Klarna.

“The acquisition will serve to strengthen our consumer offering and that Klarna will not be a marketplace but a viable and competitive alternative for retail partners vs Amazon, Google and Facebook. Klarna and PriceRunner are united in our fundamental belief that tech companies, no matter where they operate, compete on the basis of their own merit with the best products and services to gain consumers’ trust.”

Mikael Lindahl, CEO of PriceRunner, said: “We are really excited about this next chapter in PriceRunner’s journey, continuing it with a strong, global player like Klarna. I know that we can create the very best shopping experience for consumers together and am really excited for how our company will grow in the future together with Klarna.”

Klarna will assume complete ownership from previous main owners Karl-Johan Persson, chairman of the board at H&M, Eequity, former PriceRunner CEO Nicklas Storåkers and current CEO Mikael Lindahl.

klarna-acquires-pricerunner-to-strengthen-banking-offer-for-its-90m-global-consumers

Klarna acquires PriceRunner to strengthen banking offer for its 90m global consumers

 

Klarna, a leading global retail bank today announces it has signed an agreement to acquire PriceRunner. PriceRunner will bring new features in the form of product reviews, rich product discovery and price comparisons to the Klarna app to enhance the shopping, payments and banking experience for consumers globally.

Klarna’s seamless shopping experience from inspiration and product selection, to flexible payments and delivery, tracking and returns will be elevated by PriceRunner’s daily price updates, reviews, professional tests and intelligent filtering options. This will enable a more engaging experience for Klarna’s consumers. Klarna will add PriceRunner’s functionality to its offering while Klarna’s retail partners will benefit from enhanced behavior insight, increased website traffic from high intent consumers and optimized marketing opportunities to further drive their growth.

David Fock, Klarna’s Chief Product Officer commented: “At Klarna we constantly strive to make the banking and payments experience the best it can be, empowering consumers from product discovery to paying in a way that suits them. The acquisition will serve to strengthen our bank, card and payment services and support a competitive global landscape. It also further cements that Klarna will not be a marketplace but a viable and competitive alternative for retail partners vs Amazon, Google and Facebook. The PriceRunner team is a talented, passionate group, which will be a perfect fit and we are excited about what we can achieve together.”

Mikael Lindahl, PriceRunner’s Chief Executive Officer commented: “We have spent the last five years rebuilding PriceRunner from scratch to create a best-in-class comparison shopping service while helping retail partners improve their business. We see Klarna as the ideal partner to accelerate growth and achieve our long-term vision to become the most loved comparison shopping service in the world.”