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Unzer is acquiring new clients from all sectors
Unzer, the ideal partner for merchants in Europe, acquires top players from eCommerce growth sectors. Among others, the new customers from the fashion, retail and travel sectors include the Tamaris, Engelhorn and ROBINSON Club brands.
However, established companies in the sports and outdoor sector, such as Dakine, Bergfreunde.de or ROSE Bikes, also rely on the solutions offered by the payment service provider. The company was able to record growth of around 40% in the last fiscal year. This brings Unzer ever closer to its objective of establishing itself among the top 3 payment companies in Europe.
Growth in the eCommerce sector also continued overall in 2020. Indeed, online businesses generated around EUR 83 billion in revenue, which represents an increase of 14.6% over the previous year. The ongoing success of eCommerce is creating momentum in the payment market. Merchants were keen to find new solutions as a way of catering to changing customer requirements in terms of payment methods. Many companies from growth sectors put their trust in the secure solutions from Unzer here. "Thanks to the many acquisitions the company has made since last year, Unzer is now capable of offering an all-encompassing payment solution. There is a huge demand for this in the market. The fact that big players also rely on our solutions provides even further evidence that we are on the right track. We support merchants in exploiting their full potential," comments Robert Bueninck, Chief Executive Officer at Unzer.
Online business strong in the textiles and home improvement segment, purchase on account remains the most popular payment type
In terms of online trade, shoes and clothing recorded a 13.2% increase in revenue in 2020. When coronavirus-related lockdowns prevented customers from accessing their preferred high street shops, they simply made the switch to online shopping. The sport and outdoor sector also recorded an increase in online activity last year – certainly also because more and more people are exercising at home or outdoors. Many consumers also used the time while working from home to redecorate or update their property, which led to increased interest in home & garden products. Yet regardless of sector, purchase on account remained the most popular payment type. This is one of the findings of the new ECC Payment Survey.
About Unzer
Unzer is an innovative and modular platform for international payment transactions. Companies of all sizes and from all sectors rely on the data-driven, secure and perfectly tailored solutions to help them drive growth – whether online, mobile or at the point of sale. The modules, which are easy to integrate, cover the entire spectrum of payment management: from processing of various payment types, through automated analytics of customer behaviour and requirements, all the way up to integrative risk management. Since its foundation in 2003, Unzer has become one of the fastest growing FinTech companies in Europe through acquisitions of many centers of excellence. As one of the pioneers in the sector, Unzer has repeatedly introduced groundbreaking innovations in and around transaction management over the course of the last 17 years. Over 750 payment experts and tech enthusiasts throughout Europe today work on helping retailers achieve sustainable growth in a dynamic market. KKR has been the majority shareholder of Unzer since 2020.