Tagged: klarna

Global Fintech Klarna Announces Acquisition of Laybuy in New Zealand

Klarna, the AI-powered global payments network and shopping assistant, has acquired Laybuy’s assets in New Zealand, the birthplace of the payments provider, and plans to relaunch the service in the coming weeks. Laybuy, which ceased operations in June, is “set to make a reenergized return… Read More

Fintech Klarna Introduces Products Focused on Enhancing Everyday Spending and Savings

Klarna, the AI-powered global payments network and shopping assistant, has launched two new products tapping into retail banks’ core business: everyday spending and saving. Launched in 12 countries across Europe and the US, this marks “a significant step forward in Klarna’s mission to disrupt retail… Read More

BNPL Fintech Klarna Teams Up with Adobe Commerce to Enable Buy Now Pay Later Services

Klarna, the AI-powered global payments network and shopping assistant, announced it’s partnered with Adobe Commerce in order “to enable merchants to easily implement Klarna’s Buy Now Pay Later (BNPL) services, along with other flexible payment options.” This allows Klarna to expand payment flexibility to consumers…. Read More

UK Consumers Are Reportedly Struggling with Financial Terminology, It’s Costing Nation Over £6B Per Year

Klarna, the AI-powered global payments network and shopping assistant, released the results of a national survey exploring financial language understanding across the UK. The report, part of Klarna’s commitment to “improving greater transparency in the financial industry, reveals millions of UK adults (40 per cent)… Read More

Global Fintech Klarna Announces Divestment of Klarna Checkout

Klarna, the AI powered global payments network and shopping assistant, announced the divestment of Klarna Checkout (KCO). The buyer is a consortium of investors led “by Kamjar Hajabdolahi, CEO & Founding Partner at BLQ Invest.” This strategic move will allow KCO to “continue its evolution… Read More

Fintech Klarna and Sainsbury’s Partnership Supports Interest-Free BNPL to Argos, Habitat, TU

Klarna, the AI-powered global payments network and shopping assistant, has partnered with Sainsbury’s PLC which will see its payment methods available at the online checkouts of three iconic brands: Argos, Habitat and TU. Shoppers will be able to choose “from Klarna’s three interest free payments;… Read More

Global Fintech Klarna Reports Q1 2024 Results, Posts Another Profitable Quarter

Klarna, the AI-powered global payments network and shopping assistant, reported its Q1 2024 financial results, revealing another profitable quarter and continued growth outpacing ecommerce. Sebastian Siemiatkowski, CEO of Klarna, said: “Klarna continues its acceleration with 29% revenue growth year on year, coupled with the power… Read More

Global Fintech Klarna Explains Why It Does Not Report BNPL Payments to US Credit Bureaus

Klarna explains that it supports the “principle” of sharing data with credit bureaus, and they do share data with bureaus in the UK. They are not sharing data in the US because they claim that the bureaus “do not have proper models to responsibly process… Read More

Nets, Klarna, Partner on BNPL in Nordic Region

Nets, part of Nexi Group – a Paytech, has formed a partnership with Klarna to offer buy now pay later (BNPL) services. Nets is an AI-powered global payments network and shopping assistant. Klarna works with over half a million global retailers to facilitate transactions and… Read More

Global Fintech Klarna Announces Partnership with Uber

Klarna, the AI powered global payments network and shopping assistant, announced a partnership with Uber, to offer millions of consumers Klarna’s convenient alternative payment methods across Uber’s ride-sharing and delivery platforms, Uber and Uber Eats. Live in the US, Germany, and Sweden, Klarna‘s Pay Now… Read More

Global Fintech Klarna and Milkywire Open Biodiversity Fund to Other Firms

Klarna, the AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched a new fund to open to tech and finance companies which want to invest directly in impactful projects to contribute to global biodiversity targets but don’t know where… Read More

Fintech Klarna Aims to Challenge “Broken” US Credit System with Transparent Data

Klarna, the AI-powered global payments network and shopping assistant, today announced in an industry-first, the launch of a new online initiative – Wikipink – aimed at setting new standards for transparency and responsibility in the credit and lending industry. Amid growing scrutiny over the practices… Read More

Fintech Klarna Introduces Flexible Payment Options on Boots App in the UK and Ireland

Klarna, the AI-powered global payments network and shopping assistant, has today announced the launch of its flexible payment options on boots.com and in the Boots app in the UK and Ireland. This latest announcement follows the launch of Klarna in-store at Boots in 2022. Through… Read More

Klarna, the AI powered Payments Provider, Reports Significant Sustainability Achievements

Klarna, a global payments provider, has announced its significant sustainability achievements from the past year. In 2023, Klarna claims it saw “a significant uptick in the use of its features that provide consumers with information about the sustainability efforts of merchants and promote conscious shopping,… Read More

96% of Klarna Black Friday purchases paid off on-time or early

Klarna, a global payments provider and shopping assistant, is reporting that 96% of BNPL purchases made during the 2023 Black Friday weekend in the United States were paid on time or early. Notably, 30% of American purchases were paid off early, ahead of their due… Read More

Fintech Klarna to Provide More Streamlined Digital Commerce Experience

Klarna, a global payment provider and shopping assistant, has launched “Sign in with Klarna” to offer consumers a smoother shopping experience with increased control over their own data. The service saves time for consumers “by fast-tracking the online purchase process and, if they consent to… Read More

Fintech Klarna Enters Subscription Market with Launch of Klarna Plus in the United States

Klarna, the AI powered global payments network and shopping assistant, announced its entry into the subscription service model with the launch of Klarna Plus, issued by WebBank, now available to eligible US consumers through the Klarna app “for a monthly fee of $7.99.” Klarna Plus… Read More

Majority of Consumers View Circularity as a Money Saver, According to Report from Fintech Klarna

The vast majority of consumers are “aware of the financial benefits of circular practices – particularly repair and second-hand shopping” – finds a new report from Klarna, the AI-powered payments network and shopping assistant. Drawing on insights from a survey of over 3,000 consumers “across… Read More

Global Fintech Klarna Appoints Matthew Miller to Key Company Role

Klarna, the AI powered global payments network and shopping assistant, announced  Matthew Miller will join the boards of Klarna Holding AB and its subsidiary, Klarna Bank AB. Miller is “a long-standing Partner at Sequoia focused on early and growth stage investments in technology companies across… Read More

BNPL: Klarna, the AI-powered Payments Network, Teams Up with CarTrawler, the B2B Tech Provider of Car Rental Services

Klarna, the AI-powered payments network and shopping assistant, announced an agreement with CarTrawler, the B2B technology provider of car rental and mobility solutions to the global travel industry. Under the agreement, travelers can now pay for their car rental “using Klarna’s full range of flexible… Read More

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