Tagged: klarna

January 17, 2020 @ 9:53 pm By Samantha Hurst  |  

Payment processing platform Klarna announced earlier this week it has formed a new partnership with point-of-sale software brand, Vend. According to Klarna, the collaboration gives customers of boutique retailers more flexible payment options in-store across the UK. The roll out will later follow in the… Read More

January 14, 2020 @ 11:01 am By Samantha Hurst  |  

Payment processing platform Klarna has teamed up with Swedish multinational clothing-retail H&M to launch Pay Later options in the U.S. According to H&M, the payment solution in the U.S. enables a “frictionless” and flexible checkout for customers across all channels. Stefan Vos, CFO of H&M… Read More

December 20, 2019 @ 3:04 pm By Samantha Hurst  |  

Payment processing platform Klarna announced earlier this week it is expanding its partnership with UK-based footwear retailer schuh to allow its service, Pay in 3, to be available in-store at more than 110 outlets across the UK. The company further explained: “The integration of Klarna’s… Read More

December 13, 2019 @ 3:48 pm By Samantha Hurst  |  

Payment processing platform Klarna announced on Thursday its plan to open a tech hub in Berlin at the beginning of next year. Klarna reported that the new hub will enable it to further build out its product portfolio and services as well as better serve… Read More

November 29, 2019 @ 7:45 am By Omar Faridi  |  

Sweden-based Online payments company (and bank) Klarna reportedly became Europe’s highest valued Fintech in August 2019 with a market capitalization of around $5.5 billion. Klarna’s management stated on November 26 that it has onboarded 60,000 additional merchants worldwide in 2019, which represents an increase of… Read More

October 10, 2019 @ 8:26 am By Samantha Hurst  |  

Payment processing platform Klarna announced on Thursday Abercrombie & Fitch customers in the U.S. will now have access to its Pay in 4 service when shopping online. The company noted that the service enables customers across the Abercrombie & Fitch Brands, which are Abercrombie &… Read More

September 6, 2019 @ 8:32 am By Samantha Hurst  |  

Payment processing platform Klarna announced on Thursday it has expanded its existing partnership with online fashion platform boohoo group to include both the US and UK. Klarna reported that US online shoppers at boohoo group’s four brands, which are boohoo, boohooMAN, PrettyLittleThing and Nasty Gal,… Read More

August 6, 2019 @ 12:29 pm By Samantha Hurst  |  

Payment processing platform Klarna announced on Tuesday it secured $460 million through its latest equity funding round, bring its post-money valuation to $5.5 billion. The round was led by Dragoneer Investment Group, a San Francisco based growth-oriented investor. Other investors in the round include Commonwealth Bank… Read More

August 5, 2019 @ 1:27 pm By Samantha Hurst  |  

Payment processing platform Klarna announced on Monday it and global fashion brand ASOS have expanded their payments partnership to the U.S. According to the duo, the partnership will extend into the U.S. market in order to offer flexible payment options to shoppers. Customers may now… Read More

July 28, 2019 @ 8:39 pm By Samantha Hurst  |  

Sync, a UK-based technology hub, announced last week it has formed a new partnership with global fintech Klarnato provide customers with interest-free payment solutions on Apple repairs and products, supporting their continued growth within the industry. Sync reported that the new partnership follows a significant… Read More

July 18, 2019 @ 9:15 am By Samantha Hurst  |  

Payment processing platform Klarna announced on Thursday it has formed a new partnership with British contemporary fashion brand Superdry. Through the partnership, Superdry customers are now able to Pay later or Pay in 3 in the UK, and later this month will be able to Pay in 4 in… Read More

June 12, 2019 @ 11:56 am By Samantha Hurst  |  

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… Read More

May 8, 2019 @ 10:53 am By Samantha Hurst  |  

Payment processing brands Klarna and Stripe announced on Tuesday they are offering Klarna’s Pay in 3 for music fans heading to the Hideout Festival this summer through ticketing platform Kaboodle. According to the duo, Hideout is an annual electronic music festival and is entering its… Read More

April 17, 2019 @ 2:16 pm By Samantha Hurst  |  

Global payments provider Klarna announced on Wednesday it has expanded its partnership with Acne Studios to allow shoppers in the U.S. to choose to checkout with four equal payments, with no interest or fees. According to Klarna, Acne Studios offers women’s and men’s ready-to-wear, shoes,… Read More

March 28, 2019 @ 7:52 am By Samantha Hurst  |  

Global payments provider Klarna announced on Thursday the launch of its new open banking platform. According to Klarna, the platform will enable access to more than 4,300 European banks through a single Access to Account (XS2A) API in line with Payment Services Directive (PSD2). Klarna… Read More

March 6, 2019 @ 1:46 pm By Samantha Hurst  |  

Global payments provider Klarna announced last week it has formed a new partnership with Canada-based instant financing provider, PayBright. Klarna and PayBright are reportedly joining forces to give Klarna’s 100,000 global retailers the ability to turn on a consumer finance solution for their Canadian shoppers… Read More

October 22, 2018 @ 4:47 pm By Samantha Hurst  |  

Klarna announced on Monday it has signed Rancourt & Co., premium leather shoe crafters, as its first U.S. merchant. This news comes less than two weeks after H&M reportedly invested $20 million into the Swedish fintech. As previously reported, Klarna was founded in 2005 and offers… Read More

October 10, 2018 @ 8:10 am By JD Alois  |  

Global retailer H&M has invested in Swedish payments Fintech Klarna. According to reports, H&M invested $20 million in Klarna, a company that has now raised over $680 million. Additionally, H&M announced a new global partnership in a release posted on its site. and Klarna will… Read More

August 1, 2017 @ 3:13 pm By Samantha Hurst  |  

On Tuesday, Swedish fintech firm Klarna announced the launch of its new peer-to-peer (P2P) payment app, Wavy. This news comes less than two weeks after the company announced its strategic equity investment from Permira. According to Klarna, Wavy enables consumers across 31 European markets to transfer… Read More

July 21, 2017 @ 1:00 pm By Samantha Hurst  |  

Swedish Fintech company Klarna Bank announced on Friday it received a strategic equity investment from Permira, a global investment firm that advises funds and accounts with a total committed capital of circa €32 billion. According to Klarna, the investment partnership will acquire shares from existing… Read More