Created in 2008
In 2009 Seventure Partners participated in an early series A financing round. Since then the Retailo team built the leading specialist for the distribution of gift cards in continental Europe. As a multi-channel provider for gift card solutions, the company with head offices in Cologne, counts 37,000 points of sale throughout Europe in stationary trade alone for gift cards of top brands such as Douglas, Amazon.de, IKEA, C&A, Saturn, Fleurop or Zalando.
On the 3rd December 2013, Blackhawk Network (HAWK), a subsidiary of Safeway Inc., and a leading provider of prepaid and financial payments products for consumers and businesses announced the acquisition of Retailo AG, Cologne for € 50 Million in cash.