Payment processing brand Klarna announced on Wednesday the expansion of its UK operations with a new office located in Manchester. According to Klarna, the new office will open in Summer 2019 and will be located at the Old Granada Studios, which is a payments and retail tech hub with Adyen, Worldpay, Dotdigital and Space 48 nearby. The company also revealed:
“Following strong growth in the UK market, which has seen almost 5 million consumers use Klarna at 4,000 retailers, Manchester was the clear frontrunner for the company’s newest location. Manchester is a key strategic geo for Klarna, with many of its retail partners — such as In The Style, JD Sports, and Missguided — operating across the city. Over the past 12 months, Klarna has further strengthened its UK presence acquiring Retail Finance specialists Close Brothers Retail Finance (CBRF) and hired over 45 new employees.”
Speaking about the new office, Luke Griffiths, General Manager at Klarna UK, said:
“Our expansion to Manchester is a testament to how quickly we are growing in the UK and our strong commitment to the market, our retail partners and customers. 25,000 new customers a week are choosing to Pay later with Klarna, as they appreciate the financial flexibility and control it gives.”
Griffiths went on to add:
“Manchester was a clear top choice for us, given the North West is home to some of the most exciting and innovative fashion brands in the country, fantastic talent and on trend shoppers, we couldn’t find a better second home. By growing our presence here, we’re planning to bring our ‘smoooth’ payment options to a wider range of businesses.”
