Diggecard has reported 2020 turnover of approximately £43 million, or NOK514 million, against a forecast of £25 million, or NOK300 million. The company published the figures on November 23, 2021, following completion of its annual reports.

The update discusses coverage by Norwegian financial newspaper Finansavisen, which linked the result to international expansion and demand for digital gift card technology during the pandemic.

Diggecard highlighted launches with The Body Shop in France, Germany and the Netherlands, with Edenred in Italy and with Appletree in South Africa. Those projects extended the business beyond its starting markets of the UK and Norway.

The company described support for different languages, currencies and payment methods as important to serving additional markets. It also pointed to online and mobile gift card sales and the ability to establish digital programs as retailers faced restrictions on physical trading.

For the period reached by November 2021, Diggecard said the business was 33% ahead of the previous year. Christmas sales were still to come, so that comparison was an interim update rather than a full-year 2021 result.