Zimpler goes live with instant business-to-business transactions - retailer Stick first to join
Stockholm, 25 March 2022 — Zimpler, a leading Swedish fintech within the payments space, has raised new equity funding from Nordstjernan Growth, an arm of an established Swedish investment house focused on long-term quality growth.
The investment will enable Zimpler to further drive its exponential growth journey and accelerate the company’s commercial development by broadening its customer base and investing in developing new customer verticals. It will also allow Zimpler to continue the march toward expanding its geographical network, both in Scandinavia and worldwide.
Fredrik Rubin, Director New Solutions Sales at Zimpler, says: “It is great to have Stick onboard, and we are truly excited to support them in their sales ambitions now and in the future! It is thrilling to see that we are now launching a product that can fill a void in the market. The use cases for instant payments are infinite and the ultimate goal is simple - fast and frictionless payments while increasing conversion.”
Karl Holm, CEO at Stick, says:“We are excited to be the first retailer integrating Zimpler’s B2B payments solution. Working within B2B, we have seen a gap when it comes to payments. Why shouldn’t B2B merchants have the same user experience we would expect as end users? This is a great way for us to improve our cash flow, and not waste time with administration.”
About Stick
Stick.se is the Nordic region's leading store for products against pests in the home and garden - good products at the best prices! With Stick, you will find solid advice and the right tools to avoid pests.
For more information, please contact:
Maria Frändegård, Head of Communications at Zimpler
+46 (0) 72 888 42 05
press@zimpler.com
About Zimpler
Zimpler is a Swedish next-generation fintech company providing faster, easier and more secure transactions – without the need for cards. With offices in Sweden, Malta and Brazil, Zimpler specialises in account-to-account payments and their products are currently live in nine countries. With transaction volumes vastly increasing every year, they’re rapidly expanding across Europe, through Latin America and with the sight set on the global stage. Zimpler is on a mission to be the universal way to pay and get paid.