With aboalarm Consumers can quickly, easily, and legally cancel, revoke, and manage their contracts with over 20,000 providers – from mobile communications and internet to car insurance. For many cancellations, aboalarm offers a cancellation guarantee, which covers legal fees in the event of a dispute with a provider. With the bank account-based contract check service, consumers can get an overview of all their fixed-term contracts in just a few moments. This service is also offered as B2B software; Finlytics supports banks and insurers in analyzing transaction data in the area of contract management.
Aboalarm GmbH was always equity-financed until it was fully acquired by the comparison portal Verivox in 2018. The Munich-based company continues to be managed by co-founder and managing director Dr. Bernd Storm van's Gravesande together with Arnold Brunner. Since its founding in 2008, aboalarm has sent more than 5.5 million successful cancellations. Users have also created and downloaded over 15 million complete cancellation letters.
