Klama Acquires SOFORT from Reimann Investors

Dec 23, 2013 (Mon): The online payment provider Klarna AB from Sweden has announced its acquisition of SOFORT AG, a payment company from Germany. After they combined, they will have a 10 percent share of the USD100 billion ecommerce market in which they operate, with 25 million users and 43,000 online merchants. The transaction is subject to approval by the Swedish Financial Supervisory Authority.

Author: Terry KS

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