Archives

July 29, 2023 @ 2:36 pm By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping destination, has today announced its partnership with iconic British department store Liberty, “with its flexible and interest-free payment options now available online.” The partnership will aim to “help Liberty’s customers save time and money and worry… Read More

July 20, 2023 @ 10:59 pm By Omar Faridi  |  

Klarna, the global payments network and shopping destination, announced a partnership with the Money Adviser Network to help its consumers access free and impartial debt advice quickly, as part of wider efforts to promote healthy spending. This makes Klarna the first Buy Now Pay Later… Read More

June 19, 2023 @ 8:52 am By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping destination, unveiled new tools enabling consumers to make more informed purchasing decisions and take action for the planet, “including a top-up donations feature and expanded CO₂e emissions tracking insights within the Home & Gardens and Jewelry… Read More

May 25, 2023 @ 10:53 pm By Omar Faridi  |  

Klarna, the global payments network and shopping destination, has today launched the UK’s first voluntary credit ‘opt out’, an additional tool in the Klarna app to help consumers save time, money and worry. The new feature will “help consumers achieve their financial goals by providing… Read More

May 22, 2023 @ 11:06 pm By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping destination, has joined forces with Airbnb in a “first-of-its-kind” partnership to provide guests in the US and Canada with flexible payment options when booking their next stay. With Klarna’s seamless, sustainable and flexible payment solutions, “booking… Read More

April 25, 2023 @ 5:09 pm By JD Alois  |  

Digital bank / Fintech Klarna aims to make its platform a global shopping destination for 150 million consumers. Klarna hopes to enable its 500,000 retailers to benefit from its new personalized shopping feed powered by artificial intelligence (AI). The Klarna app’s discovery shopping feed, powered… Read More

April 2, 2023 @ 5:22 pm By Omar Faridi  |  

Klarna, a global payments provider and shopping service, reveals UK consumers prefer chatting politics, fertility and break-ups than finances, but that’s set to change “with young people feeling increasingly comfortable talking about money with friends and family.” The new findings from Klarna and YouGov’s research… Read More

March 18, 2023 @ 11:51 am By Omar Faridi  |  

Klarna, a global payments provider and shopping service, announced the launch of conscious badges in the Klarna App in collaboration with Clarity AI, the global sustainability tech platform. Klarna continues “to evolve beyond payments to become a starting point for every purchase for 150 million… Read More

March 1, 2023 @ 10:56 am By JD Alois  |  

Klarna, a buy now pay later platform, posted 4th quarter and full year 2022 results yesterday. Pointing to a challenging market, Klarna shared that it had lost SEK 10.4 billion (about $1 billion) for the year and lost SEK 1.9 billion (about $182 million) during… Read More

February 27, 2023 @ 10:25 pm By Omar Faridi  |  

Klarna, the global firm focused on the generational shift away from credit cards, announced strong momentum in the US, “with a 71% YoY increase in GMV, while improving credit loss rates by 37%.” Now with 34 million consumers in the US, the market has “become… Read More

January 26, 2023 @ 8:16 am By Omar Faridi  |  

Klarna, which claims to be the global leader in the generational shift away from credit cards,  announced the launch of Money Story in the US Klarna App – “a personal spending summary of 2022 that provides millions of consumers with useful insights into their spending… Read More

January 18, 2023 @ 4:05 pm By Omar Faridi  |  

Citcon, the “one-stop” service global payment platform in providing in-store, online, and mobile payment solutions, and Klarna, which claims to be the global leader in the generational shift away from credit cards, announced an integration and business partnership which will add Klarna as a featured… Read More

January 17, 2023 @ 12:47 pm By Omar Faridi  |  

Ingenico, which claims to be a global leader in payments acceptance solutions, and Klarna, the “leader” in the generational shift away from credit cards, announced a partnership that will facilitate the roll out of Klarna’s flexible payment options “at the point of sale using PPaaS,… Read More

October 26, 2022 @ 7:51 am By Omar Faridi  |  

Klarna Kosma, Klarna‘s financial technology platform for banks, Fintechs, and innovative retailers, announced that its partnership with Krea, a digital loans platform for Small and Medium-sized businesses (SMEs) in Sweden “has helped Swedish SMEs receive on average 15% larger loan offers, at a 4% lower… Read More

July 27, 2022 @ 8:16 am By Omar Faridi  |  

Klarna Kosma, which is Klarna‘s financial technology platform for banking institutions, Fintech firms and retailers, announced its working relationship with Airbank, a digital financial management platform for companies. Klarna Kosma’s Open Banking platform offers Airbank with access to the largest international network of banks, considerably… Read More

July 14, 2022 @ 3:19 pm By Omar Faridi  |  

A new partnership between global branded payments provider, Blackhawk Network, and global retail bank, payments, and shopping service, Klarna, will extend the ability for consumers “to use Klarna’s interest-free alternative payment solutions at a variety of physical retail locations.” As consumers expect increased flexibility in… Read More

July 12, 2022 @ 9:53 am By JD Alois  |  

As was previously reported, Klarna has raised $800 million in funding but at an even lower valuation. Klarna raised the capital at a “post-money” valuation of $6.7 billion. This is a profound drop in valuation as Klarna was valued at $45.6 billion in the not-so-distant… Read More

July 1, 2022 @ 4:10 pm By JD Alois  |  

  Multiple reports are indicating that Fintech lender and digital bank Klarna will be raising new capital at a $6.5 billion valuation. This is a huge haircut from its last valuation which saw the firm raise money at a whopping $45.6 billion. It was reported… Read More

June 25, 2022 @ 10:24 am By Omar Faridi  |  

Klarna, a digital bank, payments, and credit provider, announced the launch of its new Loyalty Card feature in the Klarna App. This allows app users “to store and access their physical loyalty cards as digital versions.” They can then “collect all points and benefits at… Read More

June 17, 2022 @ 6:48 pm By JD Alois  |  

Klarna, a European buy now – pay later (BNPL) platform that has experienced rapid growth, is planning to raise additional funding in a down round that may be a warning sign for the entire BNPL sector. According to a report by WSJ.com, Klarna is aiming… Read More