Tagged: klarna

Regulators are As Concerned about Consumer Preference in Debt Collection as Creditors, TrueAccord Exec Reveals

Regulators care “as much about consumer preference in debt collection as creditors,” according to Kelly Knepper-Stephens, Vice President Legal & Compliance at TrueAccord, a Fintech that aims to transform debt collection into “a pathway toward financial health.” Kelly, who’s based in the San Francisco Bay… Read More

E-Commerce Marketplace Jane Announces Integration With Klarna to Offer Flexible Payment Options

  Jane, a U.S.-based e-commerce curated boutique marketplace, recently announced it has integrated with payment processing and global retail banking platform Klarna to offer customers Klarna’s pay in four solutions at checkout. Jane shoppers will now have the ability to purchase the latest in women’s fashion… Read More

Klarna Expands Suite of Marketing Products & Services Designed to Provide Retailers With More Tools to Drive Consumer Demand

  Payment processing and global retail banking platform Klarna announced on Tuesday it has launched an expanded suite of marketing products and services designed to provide retailers with even more tools to drive consumer demand, and acquire, convert, and retain customers. This announcement comes less than… Read More

Klarna Expands: Releases Open Banking Solution to Eight More European Markets

  Payment processing and global retail banking platform Klarna announced on Wednesday it has expanded its open banking solution to eight more  European countries. The countries are  Portugal, Denmark, Luxembourg, Ireland, Croatia, Estonia, Lithuania, and Latvia. According to Klarna, the solution processes more than 150 million transactions per year, offers third-party providers access to… Read More

Klarna Secures $1 Billion Through Latest Equity Funding Round to Accelerate International Expansion & Further Capture Global Retail Growth; Brings Valuation to $31 Billion

  Payment processing and global retail banking platform Klarna announced on Monday it secured $1 billion through its equity funding round to accelerate international expansion and further capture global retail growth. Klarna revealed that the round, which subscribed four times the amount it originally sought to raise, included… Read More

Global Fintech Investment Activity Recovered Strongly in H2 2020 after COVID-related Slowdown, $105B Raised via 2,861 Deals

Pulse of Fintech H2’20, a bi-annual report on international Fintech investment developments released by KPMG, notes that global Fintech funding across mergers-and-acquisitions (M&A), private equity (PE) and venture capital (VC) stood at $105 billion across 2,861 different deals in 2020. This was reportedly the third-highest… Read More

Klarna Announces Partnership With Sweden-Based Cryptocurrency Broker Safello

  Payment processing platform Klarna announced on Thursday it has formed a new partnership with Sweden-based cryptocurrency broker Safello. Klarna reported that the partnership it will allow the payment platform to enter the cryptocurrency industry. “In recent months, Safello has experienced increased growth, both in new… Read More

Klarna Milestone: Unveils First Banking Account in Germany

    Payment processing platform Klarna announced on Wednesday it is launching consumer bank accounts in Germany, with the aim to provide them with further control of their finances. Klarna reported that the launch marks a first for the company and will allow customers to easily… Read More

Klarna Announces New Partnership & Integration With Verifone

  Payment processing platform Klarna announced on Tuesday it has formed a new partnership with payments and commerce solution platform Verifone. Klarna reported that through the partnership it will be available as the buy now pay later solution to millions of Verifone devices in the U.S…. Read More

Klarna Appoints Sequoia Capital Partner Michael Moritz as Chairman of the Board

    Payment processing platform Klarna announced on Tuesday it has appointed Michael Moritz, partner at Sequoia Capital, as the Chairman of the Klarna Board of Directors and the appointment of three new members to the board: Omid R. Kordestani, former Executive Chairman of Twitter,  Lise Kaae of… Read More

Klarna Unveils Live Fashion Show “Livestyle”

  Payment processing platform Klarna announced on Monday the launch of  Livestyle, which is a live fashion show powered by Bambuser’s proprietary Live Video Shopping technology. Klarna claimed that Livestyle is the first of its kind in the western world and fully in line the company’s… Read More

Klarna Milestone: Surpasses 11 Million Customers in the U.S.

Payment processing platform Klarna announced on Thursday it has reached a record 11 million customers in the U.S. Klarna reported that the latest milestone represents a 106% increase year over year and a rapid climb from the 10 million reached only three weeks before. Founded in… Read More

Klarna Announces Expansion of In-Store Payment Offering in the U.S.

  Payment processing platform Klarna announced on Thursday it has expanded its in-store payment services to more than 60,000 stores nationwide, including various popular retail brands such as H&M, O.N.S. Clothing, The North Face and Timberland. According to Klarna, customers are now able to make purchases… Read More

Buy Now Pay Later Provider Klarna Forms New Partnership With GameStop

  Payment processing platform Klarna announced on Monday it has formed a new partnership with video game retailer, GameStop.  This news comes just days after Klarna announced its partnership with Etsy. While sharing details about the partnership,  David Sykes, Head of U.S. at Klarna, stated: “Recognizing… Read More

Buy Now Pay Later Provider Klarna Announces Partnership With Etsy

Payment processing platform Klarna announced on Tuesday it has formed a new partnership with crafts and creative goods marketplace Etsy to launch its Buy Now, Pay Later solution. Klarna reported that U.S. Etsy buyers will now be able to use the flexible payment option to shop…. Read More

Klarna Announces Five-Year Partnership With Macy’s

  Payment processing platform Klarna announced on Tuesday it has formed a five-year partnership with the American department store, Macy’s. Through the collaboration, Macy’s will offer customers the ability to pay in four equal, interest-free installments at online checkout as part of enhanced shopping experience. “Within… Read More

Klarna Secures $650 Million Through Latest Equity Funding Round; Brings Money Valuation to $10.65 Billion

Payment processing platform Klarna announced on Tuesday it secured $650 million through its latest equity funding round, bringing its money valuation to $10.65 billion. The funding round is led by Silver Lake Founded in 2005, Klarna offers products and services to consumers and retailers within payments, social… Read More

Sweden’s Buy Now Pay Later Fintech Klarna Reportedly Planning to Raise $500 Million at $10 Billion Valuation and Potential US IPO

Sweden’s Buy Now, Pay Later firm Klarna is reportedly planning to secure $500 million in capital via an investment round which could double its valuation to around $10 billion, according to a recent report from Reuters (which cited sources familiar with the matter). Klarna had… Read More

Klarna Debuts Social Shopping App in the UK

Payment processing platform Klarna announced on Monday the launch of its newly redesigned social shopping mobile app in the UK. According to Klarna, the app has been designed to meet the “shifting expectations” of consumers as they adapt from shopping in-store to online. “The app will… Read More

Klarna Milestone: One Million New U.S. Customers Sign Up For Services During Summer Months

Payment processing platform Klarna announced on Thursday it has added one million new consumers in the U.S. in just three months.  The company reported it has also seen strong growth momentum in its retail partnerships in the US, which have grown by more than 158% year… Read More

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