Tagged: klarna

Klarna App Is Enhanced with Digital Wallet for Quick Access to Loyalty Cards

Klarna, a digital bank, payments, and credit provider, announced the launch of its new Loyalty Card feature in the Klarna App. This allows app users “to store and access their physical loyalty cards as digital versions.” They can then “collect all points and benefits at… Read More

Klarna Facing a Down Round as it Seeks More Funding: Report

Klarna, a European buy now – pay later (BNPL) platform that has experienced rapid growth, is planning to raise additional funding in a down round that may be a warning sign for the entire BNPL sector. According to a report by WSJ.com, Klarna is aiming… Read More

Klarna, Marqeta Partner on Visa Card

Marqeta (NASDAQ:MQ) has announced a new partnership with European Fintech Klarna, a buy now – pay later (BNPL) provider. According to a statement by Marqeta, Klarna will use it to issue the Klarna Card, enabling its customers in the US to pay anywhere using Klarna’s… Read More

BNPL: Fitch Worries About Klarna as CEO Announces Layoffs

Klarna, a global online lender in the hot buy now – pay later sector (BNPL) that only recently announced topping 150 million consumers, has issued a stark warning about the current economic environment. Sebastian Siemiatkowski, Klarna’s CEO and co-founder, has shared “bad news” with its… Read More

Fintech Klarna Tops 150 Million Consumers

Klarna, a European Fintech that also operates in North America (and an HQ in Columbus, Ohio), is reporting topping 150 million consumers. Klarna is mainly a payments provider including buy now – pay later (BNPL) services that cater to both businesses and individuals. Klarna describes… Read More

Fintech Klarna Introduces Virtual Shopping, Bringing In-Store Experience to Online Consumers

Klarna, a global retail bank, payments, and shopping service, recently announced the launch of its Virtual Shopping offering, “bringing the best of in-store to the online experience.” Virtual Shopping by Klarna “enables consumers to browse and buy online with confidence by connecting them directly with… Read More

BNPL Fintech Klarna Introduces Flexible Work Policy

Klarna, an international retail bank, payments and shopping service that helps consumers save time and money, “be informed and in control,” recently announced its new Flexible Work Policy designed “to offer employees greater choice, autonomy, and flexibility in how and where they choose to work.”… Read More

Fintech Firm Klarna and Global-e Extend International Partnership to Canada

Klarna, a global retail bank, payments, and shopping service, announced its expanded partnership with cross-border e-commerce provider Global-e (Nasdaq: GLBE). Via this partnership, merchants selling to Canada through Global-e’s cross-border e-commerce platform, “including notable brands such as Reformation, SKIMS, Fenty Beauty, Rimowa, Versace, Marc Jacobs,… Read More

BNPL: Buy Now Pay Later Expected to “Disrupt” Consumer Payments in Australia, Report Reveals

Buy Now, Pay Later (BNPL) is gaining prominence and emerging “as an alternative credit tool for consumers in Australia, with tech-savvy millennials especially using the service,” according to a report from GlobalData, a data and analytics firm. BNPL offers clients with the flexibility or option… Read More

Stocard Joins Fintech Klarna and Gets “Smoooth” with New Brand Identity

Klarna, a global retail bank, payments, and shopping service that helps consumers “save time and money, be informed and in control,” revealed the new “Klarna-fied” brand identity of Stocard, which is one of the leading mobile wallet providers that “enables consumers to gather all of… Read More

Global Fintech Klarna Finalizes PriceRunner Acquisition

Klarna, a global retail bank, payments, and shopping service, has announced the completion of its acquisition of PriceRunner, the comparison shopping service in the Nordic region “with operations in Sweden, Denmark, Norway and the United Kingdom.” PriceRunner will aim to “bring new features to the… Read More

Klarna Introduces “Klarna Kosma” Sub-brand and Business Division to Support Open Banking Growth

Klarna, the international retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, has launched ‘Klarna Kosma’, a sub-brand and business unit “to harness the rapid growth of its … Open Banking platform.” By offering simple access… Read More

Fintech Klarna Survey Reveals that UK Consumers are Less Inclined to Invest Money

Recent data from Fintech firm Klarna, an international retail bank, payments, and shopping service, indicates that UK consumers are saving a larger share of their earnings every month when compared to their global peers. However, UK consumers are also less interested in investing their funds… Read More

UK’s MarketFinance Says that Embedded Lending Could Become More Widely Adopted

Much has been made of embedded lending during the past couple years. With the COVID-19 crisis shuttering businesses and forcing a major shift to online and all-digital services, you could say that this was inevitable. Now, large Fintechs like Klarna, Stripe and PayPal have shown… Read More

UK FCA Gets Changes to Popular BNPL Platforms Terms Deemed to be Unfair

The UK Financial Conduct  Authority (FCA) has secured changes to consumer terms from popular buy now, pay later platforms, according to a statement from the regulator. The FCA states that terms in the contracts of Clearpay, Klarna, Laybuy, and Openpay have been “unclear” and “unfair.”… Read More

Fintech: Research Indicates that 9% of Teens Have Traded Crypto, PayPal is Top BNPL Option, Cash is King for Payments

Piper Sandler, a financial services firm based in Minneapolis, has surveyed teens for more than 20 years. The company researches trends regarding brand purchases and activities that may aid in discerning the rising or declining popularity of the firms that provide these products. CI recently… Read More

BNPL: Klarna Introduces Browser Extension Enabling Clients to Pay Later Across E-Commerce Sites

Klarna, an international retail bank, payments, and shopping service, has announced the launch of the Klarna browser extension, which had been in “beta testing with over 100,000 consumers.” The extension enables consumers to “shop with Klarna’s flexible payment options on their desktop at every online… Read More

Marqeta Expands Relationship with Klarna into 13 New European Markets

Marqeta (NASDAQ: MQ) has worked with Klarna since 2018 and today the two companies are broadening their relationship. According to a statement from Marqeta, its partnership with Klarna will expand into 13 new European markets: the United Kingdom, Germany, France, Italy, Spain, Netherlands, Poland, Belgium,… Read More

Fintech Klarna Reports Significant Losses, while Demand for BNPL Products Continues to Surge

Sweden’s Fintech Unicorn Klarna has seen its losses increase significantly during the first 9 months of this year, as costs surged considerably amid growing demand for flexible payment options like Buy Now, Pay Later (BNPL) services. The Stockholm-headquartered company is reporting a pre-tax loss of… Read More

Global Fintech Klarna Introduces “Pay Now” Option in the US

Klarna, an international retail bank, payments, and shopping service provider, has announced the addition of “Pay Now” to its range of payment options available in the United States. As noted in the update, this payment method should allow clients to make payments immediately and in… Read More

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