Tagged: klarna

June 9, 2020 @ 4:27 pm By Samantha Hurst  |  

  Payment processing platform Klarna announced on Tuesday the launch of its new Buy Now, Pay Later Shopper Loyalty Program, Vibe. According to Klarna, the no-fee program will be rolled out to the U.S. market in June before being extended to the platform’s other key markets… Read More

June 8, 2020 @ 9:43 am By Samantha Hurst  |  

Payment processing platform Klarna announced on Monday it has reached a record 7.85 million U.S. customers. The company reported the milestone is driven by apparel, beauty, and footwear brands partnering with its platform to offer their customers flexible buy now, pay later options. Klarna offers a… Read More

May 7, 2020 @ 3:15 pm By Samantha Hurst  |  

Payment processing platform Klarna announced on Thursday it has formed a new partnership with beauty retailer Sephora to allow customers to pay for their beauty products in four equal payments with no interest. Speaking about the collaboration, Kim Stromberg, Vice President and General Manager of e-Commerce at… Read More

March 12, 2020 @ 8:00 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it has teamed up with Klarna, a global payments and shopping provider, to launch a new enhanced joint payment solution specifically for merchants. According to the duo, all three Klarna shopping methods, Pay… Read More

March 4, 2020 @ 7:58 am By Samantha Hurst  |  

Klarna announced on Wednesday that Ant Financial Services Group, the owner and operator of Alipay, has made an investment and taken a minority stake in the payment processing platform. Klarna reported that the investment from Ant Financial will support the further development of their strategic… Read More

February 26, 2020 @ 4:13 pm By JD Alois  |  

Klarna, a point of sale financing platform, has posted its financial report for full year 2019. According to the numbers, top line revenue rose to SEK 7.1 billion versus year prior of SEK 5.5 billion. The increase in revenue was joined by a net income… Read More

February 13, 2020 @ 9:57 am By Samantha Hurst  |  

Payment processing platform Klarna announced on Wednesday it has acquired Moneymour, a buy now, pay later payments platform based in Italy. Founded in 2017, Moneymour allows customers to buy now, pay later by splitting their purchases into monthly installments based on an instant credit assessment. “The… Read More

February 11, 2020 @ 7:34 am By Samantha Hurst  |  

Payment processing platform Klarna announced on Tuesday the launch of its `Consumer Council’ According to Klarna, the global initiative sees the platform invite consumers to a meet-up and share their thoughts on different themes related to their experiences. The platform further explained: “The first Consumer Council… Read More

January 30, 2020 @ 8:29 am By Samantha Hurst  |  

Payment processing platform Klarna announced on Thursday it has expanded its services to Australia. Klarna mobile app, which will be available on iOS and Android devices, will enable users to shop and pay with Klarna at any online retailer. Klarna also reported that it has… Read More

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