"Wellington Partners have a proven track record for supporting innovative concepts that change a multibillion retail business from scratch. With Retailo we offer such an innovative business concept and we are happy to work together with Wellington to develop our idea of a multichannel prepaid card and gift card distribution to the standard in Germany and beyond. We seek to change the way people buy prepaid products and offer strong benefits to our participating retail partners."
Christian Lindner
Member of the Executive
Board Retailo AG
Founder Team: Christian Blocksdorf, Jürgen Eylert, Christian Lindner, Uwe Stoffel
Wellington
contact:
Eberhard Plattfaut
| Leading distribution network for giftcards in continental Europe |
Prepaid cards and gift cards stand at the heart of the business concept of Retailo. Available at multiple Point of Sales with high frequency, such gift cards can be used nearly everywhere, e.g. for the purchase of fashion items, electronics, or furniture, as well as in restaurants or hotels. Three years after its launch, the company already offers prepaid and gift cards of more than 30 well-known brands in more than 22,000 outlets and is active in four European countries. The company was founded by an experienced team of customer loyalty and IT managers and was supported by Wellington Partners from the outset.
First investment: September 2007
Retailo AG
Kaiser-Wilhelm-Ring 13
50672 Cologne
Germany
