All Klarna articles
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News briefsKlarna acquires PriceRunner
Klarna, the fintech company that intermediates between retailers and customers, handling direct payments, payments after delivery and installment plans, has acquired all of PriceRunner, a comparison-shopping service operating in Sweden, Denmark, Norway and the U.K. Klarna will be adding PriceRunner’s product discovery, price comparisons and product reviews to its own ...
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ArticleKlarna launches of rewards program and Pay Now in nine new markets
Klarna, the global retail banking, payment and shopping service hailing from Sweden, is expanding two of its fastest-growing products internationally. With the global growth of Klarna’s rewards program and Pay Now payment method, the fintech company aims to become the go-to destination for every type of purchase while rewarding consumers ...
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ArticleMillennials and Gen Z are more likely to embrace luxury than older generations
As a new generation of younger, digitally-savvy shoppers comes to the fore in the luxury marketplace, new trends are emerging, a survey conducted by the Swedish retail banking, payment and shopping service Klarna showed. These include a stronger focus on sustainability, which leads to favor quality products that will last ...
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News briefs
Klarna launches in Poland
Klarna, the Swedish banking, payment and shopping service with over 90 million users worldwide, officially launched in Poland on Aug. 18, partnering with H&M to introduce the “Pay in 30 Days” option and the Klarna app. Klarna will expand its presence in Poland with a local team and office in ...
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News briefs
YNAP joins forces with Klarna
Yoox Net-a-Porter ( YNAP ), the fashion online retailer owned by the Swiss luxury goods group Richemont , has entered an international partnership with the Swedish retail banking, payment and shopping service Klarna . Thanks to the agreement, YNAP’s customers will be able to pay using Klarna’s ”buy now, ...
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ArticleKlarna acquires social shopping platform Hero
Klarna , the retail banking, payments and shopping service from Sweden with over 90 million active users worldwide and 2 million transactions per day, has acquired Hero , a social shopping platform founded in 2015 and based in London and New York. Hero aims “to provide consumers with inspiration, advice ...
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ArticleThe U.K. to regulate the “buy now pay later” market
The British government announced that the increasingly popular interest-free ”buy now pay later” (BNPL) credit agreements will be regulated by the Financial Conduct Authority (FCA) in order to protect consumers. The government noted that the volume of transactions involving BNPL solutions more than tripled in 2020 as the ...
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News briefs
Klarna launches bank account in Germany
Klarna , the Swedish online payments group, is launching consumer bank accounts in Germany. The launch marks a first for the company and will allow customers to track, categorize and analyze all of their everyday spending using the Klarna app. A Klarna bank account will come with a Visa ...
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News briefsKlarna enters partnership with Verifone
Klarna , the Swedish online payments group which offers ”buy now, pay later” solutions, has entered a partnership with Verifone , a California-based provider of hardware products for payment processing, that will make Klarna available to millions of Verifone devices in the U.S. and Europe. The ongoing Covid-19 pandemic ...
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News briefsKlarna snaps up Woilà
Klarna, the Swedish online payments group which offers ”buy now, pay later” solutions, has acquired the technology and team of the startup Woilà , whose app allows consumers to get refunds if the price of a product falls after an online purchase is completed. Klarna said the acquisition, for ...
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ArticleKlarna grows in the pandemic
One clear sign of the boom in the “buy now, pay later” (BNPL) model is the latest fundraising round of Klarna , which saw the Swedish online payments group set a new record for the valuation of a European private fintech company at $10.65 billion, nearly double the $5.5 billion ...
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Klarna valued $10.65 billion in funding round
Klarna , the Swedish provider of online payment services, raised $650 million in an equity funding round, which values the whole company $10.65 billion. Klarna claims that the valuation ranks it as the highest-valued private fintech in Europe and the 4th worldwide. The funding round was led by ...
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ArticlePayPal to launch buy now, pay later solution in Q4
PayPal , the American online payment provider, announced that it will launch early in the fourth quarter “Pay in 4”, a short-term installment payment scheme for customers in the U.S. The service will permit merchants to be paid upfront while customers can pay for purchases between $30 and $600 over ...
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Article
Klarna moves to contain impulse buying
Klarna , the Swedish online financial services specialist that works with groups including VF Corp. ’s brand Timberland , Scottish footwear retailer Schuh and British online fashion retailer Asos , has launched a new campaign in the UK called KlarnaSense to encourage shoppers to ”think thrice” before making ...
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News briefs
Timberland joins forces with Klarna for buy now, pay later service
Timberland , a VF Corp. brand, has entered a partnership with Klarna , a Swedish specialist in online financial services, to offer the footwear brand’s U.S.-based e-commerce customers a flexible ”buy now, pay later” option. With this service, clients can make four equal payments with no interest added. ...
