Today German fintech startup Stocard, one of the world’s leading mobile wallets and one of the largest B2C startups in Europe in terms of number of users, officially launches in the UK and unveils a mobile payment feature as it reaches 50 million users globally.
Stocard, founded in 2011, is an easy-to-use app which allows millions of users to turn their smartphone into a mobile wallet. Headquartered in Germany, the startup now operates in the UK, Germany, Italy, France, the Benelux countries and Australia.
The signup only takes a minute and is completely digital, with no paperwork required. Users can add all their loyalty cards within the app (over 500 million plastic cards have been digitized), discover good deals at their favorite retailers, search for and activate coupons, which are applied automatically at the checkout with just one click, and see their transactions and points balance in real time. Additionally, users are not charged a foreign exchange fee, significantly saving when making payments abroad.
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