SOFORT, founded in 2005 and headquartered in Germany, offers a seamless online payment solution tailored for buyers and merchants across Europe. Their service allows users to complete online transactions easily using direct payment via online banking, eliminating the need for registration or filling in payment details. This real-time payment processing supports faster order fulfillment for merchants due to immediate transaction notifications.
SOFORT excels in convenience, speed, and security. It requires no additional accounts like eWallets, allows for direct payments to online shops, and ensures order dispatch without delay. Security is prioritized with dual protection utilizing online banking login details and unique confirmation codes, processed under strict German banking standards.
The company drew substantial attention with a notable $150 million acquisition investment from Klarna on December 1, 2013. SOFORT's proven model positions it as a critical player in the European fintech space.