Stocard

paymentsmobile/digital wallet

FOUNDING YEAR: 2012
LOCATION: Germany
Last Update: 01/05/2020

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About

Over 50 million users make Stocard one of the leading mobile wallets in the world and one of the preferred shopping companions from couch to counter. Our innovative and easy-to-use app allows millions of users to turn their smartphone into a mobile wallet and brands to connect with customers to drive them to stores.With passion and by using cutting-edge technologies, Stocard aims to make daily shopping experience easy, engaging and rewarding all over the world. To retailers, our app delivers a high frequency digital loyalty platform, reaching their target audience at the right time and place. State-of-the-art analytics quantify the impact of their mobile advertising efforts in terms of store traffic and in-store sales.Stocard has been listed as one of the best apps of the year by Apple and is one of the few Android Excellence apps selected by the Google team. Our specialists, a team of marketers, engineers, designers and data scientists are working from 6 locations - Mannheim (HQ Global), Sydney, Rome and Amsterdam, and Paris - and our diverse and international team is growing further with the vision of a global mobile wallet.Stocard is looking for smart, talented and creative people, who share our vision, live and breathe mobile technology and want to be an active part of our journey! http://stocardapp.com/jobs

MEDICI Analysis

Stocard offers a mobile app that enables users to store and manage all their loyalty cards in one place. It enables users to scan cards using their phone’s camera, thereby creating a digital wallet without the intervention of retailers.

Focus

PRODUCTS & SERVICES

The mobile app enables users to collect all points and discounts at the cash register. Stocard supports all major loyalty cards, ranging from drug store cards to airlines and hotels to multi-partner cards.

REVENUE MODEL

The company offers services to its customers free of charge. It charges the loyalty card providers for distributing their catalogs and flyers through the company's 'Offers' section in Stocard.

MAIN CLIENTS

Retail customers

People

FOUNDERS

Björn Goß

David Handlos

Florian Barth

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Alstin

CD-Venture

CEWE

engelhorn

High-Tech Grunderfonds

Macquarie Group

Rocketship

Shortcut Ventures

KEY EMPLOYEES:

David Handlos (CEO)

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

3

TOTAL FUNDING

$25.36 M

DATE OF LAST FUNDING

Jun 2018

TOTAL FUNDING COMMENT

The company is planning to use the funds to hire 40 new employees and expand geographically by opening an office in Paris and Toronto. (June 2018)

SEED & PRIOR FUNDING

$850 K

SEED CLOSED ON

Dec 2012

FUNDING SERIES

SERIES A  · $4.51 M  · Dec 2016

SERIES B  · $20 M  · Jun 2018

LISTED

NO

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