Bambora (formerly Euroline / SuperPay)
Sector/industry
Payment solutions and services
In May 2015, the Bambora Group launched its new brand and
platform as a Nordic-based payment service group. Bambora was
created by combining the leading payments companies Euroline,
KeyCorp, Samport, MPS, DK Online and ePay, all acquired by Nordic
Capital Fund VIII between May 2014 and April 2015 with the ambition
to form a leading player within the payment service sector. Bambora
involves some of the payment industry's prime innovators,
engineers, financial advisors, marketers and digital developers
with the common goal of simplifying trade between people, in stores
as well as online. The head office is located in Stockholm, but the
Group's ambition is global.
Bambora handles more than three billion transactions, of which
are 50% online. This makes Bambora the largest in Sweden for online
payment transactions. Bambora's customer group ranges from the
smallest to the very largest merchants. Thanks to its merger of
competences, Bambora can offer everything under one roof. For
retailers, this means for example that support and advising is now
handled by one contact and one contract, instead of several as
previously, which will considerably reduce the time that retailers
spend on administration today. Bambora increases the efficiency
when it comes to helping a retailer to set up a functioning system
in stores or online, from a norm of two weeks to now a maximum of a
couple of days. Furthermore, Bambora is developing new smart
innovations for retailers to grow and develop their business, both
in the physical store, online and for the mobile phone. The payment
group just launched Bambora ONE - a new all-in-one payment service
solution. Bambora ONE offers a simple flat price that is easy to
understand including a high quality payment terminal, all card
transaction costs, support, webportal and sector leading settlement
times.
Nordic Capital's ambition is to support Bambora's future
development and growth, through the development of market leading
local tailored services and by expanding into new markets, to make
it one of the most innovative and growth-focused payment
companies.
Management:
- Johan Tjärnberg, CEO
- Ulric Delamare, CFO
Key Information:
Revenues
2016*:
EUR 200 million
Employees:
580
Ownership:
Nordic Capital Fund VIII, controlling shareholding
Date of investment:
2014
Head office:
Stockholm, Sweden
* Reported, Net revenue