Tagged: klarna

Global Payments Fintech Klarna Reports Steady YoY Growth

Klarna is reporting a growth milestone in its company history: more than 100,000 retail partners were added since the month of August 2023, expanding its total network to 600,000+ merchants. Merchants—large and small—are now reportedly choosing Klarna because the network creates a good customer experience… Read More

Global Payments Fintech Klarna Releases Latest Data on Launch of Cashback Initiative

Klarna, an AI-powered global payments network and shopping assistant, has released data on its launch of cashback. In the six weeks since launch: 506,378 Klarna shoppers have earned $2.7m dollars in cashback. Klarna merchants have given cashback on $98.4m worth of sales. Over 1,000 cashback… Read More

BNPL Fintech Klarna Becomes Apple Reseller with Storefront Launch, Offering Flexible Payments

Klarna, the AI-powered global payments network and shopping assistant, has unveiled “Apple from Klarna”, a storefront in the Klarna app and Klarna.com where customers are reportedly able to purchase Apple products via its flexible payment options. An official Apple (NASDAQ:AAPL) reseller, Klarna also introduces a… Read More

Payments Fintech Klarna Launches on Adyen In-Store Terminals Across Europe, North America, Australia

Klarna, the AI-powered global payments network, and shopping assistant, will launch its flexible payment methods on Adyen’s (ADYEN:AMS) physical payment terminals across Europe, North America, and Australia. Adyen, which claims to be the financial technology platform of choice for businesses, is the first global PSP to… Read More

BNPL Fintech Klarna and Xero Bring Buy Now Pay Later Services to Small Businesses

Klarna, the AI-powered global payments network and shopping assistant, is working with global small business platform Xero, to help small businesses accept payments from consumers wanting a ‘buy now, pay later’ option. For Xero’s customers, offering Klarna’s alternatives to traditional credit “means they can get… Read More

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

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