Munich-based financial services company Wirecard has announced its acquisition of the online shopping tool Supr. Wirecard had previously been working with the digital startup and processing its online payments for some time. The amount of the deal was not disclosed.
Cologne-based Supr helps small online businesses by integrating their products directly with sites like Facebook, Twitter, and YouTube. Customers can use Supr's widgets to buy products directly from these major sites, with no need to go to the vendor's website.
Approximately 20 employees from the startup will now work for Wirecard, according to the company, and the team will also be working to develop new e-commerce products.
Read more: Grunderszene (German)