All Klarna articles
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News briefsKlarna cuts 10% of workforce due to changing business climate
Germany’s Manager Magazin reports that Swedish fintech Klarna will lay off about ten percent of its roughly 7,000 employees. The startup, led by co-founder and CEO Sebastian Siemiatkowski, reportedly said that rising inflation and the war in Ukraine had impacted the business climate, making the move necessary. At its last ...
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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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News briefs
Klarna acquires comparison shopping service PriceRunner
Klarna, the retail banking, payments and shopping service from Sweden, announced the acquisition of all shares in PriceRunner, a leading comparison shopping service in the Nordic region, from Creades, which invested SEK 370 million (€37.4m-$43.4m) in the price comparison site earlier this year, for just over SEK 9 billion (€910m-$1bn). ...
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Klarna launches “Pay in 30 days” 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 popular “Pay in 30 Days” option and the Klarna app. Klarna will expand its presence in Poland with a local team and office ...
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News briefsKlarna acquires influencer and performance marketing company APPRL
Klarna, the Swedish retail banking, payment and shopping service, has announced the acquisition of APPRL, a SaaS platform that enables content creators and retailers to work together seamlessly to deliver informative shopping content to consumers around the world. Klarna sees itself as a global growth partner for its more than ...
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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 and immediately ...
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News briefs
Klarna is the first Fintech to join The Climate Pledge and Race to Zero campaign
Klarna, a leading global payments provider and shopping service from Sweden, announced that it is joining The Climate Pledge and the Race to Zero campaign. Klarna is to implement decarbonization strategies in line with the Paris Agreement in order to reach net-zero greenhouse gas emissions in all scopes by 2040 ...
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Payment service Klarna launches bank account in Germany
Klarna is launching consumer bank accounts in Germany, with the aim to provide them with further control of their finances. The launch marks a first for the company and will allow customers to easily track, categorize and analyze all of their everyday spending using the Klarna app. A Klarna bank ...
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News briefsKlarna and Verifone partner to enable new comfortable shopping experiences in physical stores globally
Klarna, the leading global payments provider and shopping service from Sweden, has announced a strategic partnership with Verifone, a California-based provider of hardware products for payment processing, that will make Klarna available as the first buy-now-pay-later solution to millions of Verifone devices in the U.S. and Europe. The integration to ...
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News briefsKlarna releases pre-Black Friday shopping analyses from the U.S. and Germany
Klarna, the global payments provider and shopping service from Sweden, has released new holiday shopping data that indicates shoppers in the U.S. shifted their share of e-commerce spending towards the leisure, sports & hobby and home & garden categories in the week ahead of Thanksgiving (Nov. 16-22). The leisure, sports ...
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News briefsKlarna explores the future of shopping
Klarna has launched a new initiative called the Future Shopping Lab, a research project that examines how different aspects of shopping and retail experiences might look like in the future. In its first project, the Swedish-based global shopping service is exploring the future of the postal mailbox, “transforming it from ...
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News briefs
U.S. online retailer Backcountry.com introduces Buy Now, Pay Later with Klarna
Klarna, the leading global payment provider and shopping service from Sweden, has teamed up with Backcountry.com, the largest online retailer of premium outdoor sports equipment and apparel in the U.S. and owner of German online outdoor retailer Bergfreunde.de, to offer customers flexible “buy now, pay later” solutions. Backcountry.com customers can ...
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ArticleKlarna becomes the most valuable financial start-up in Europe
Klarna, a Swedish online payment service provider with headquarters in Stockholm, 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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News briefsKlarna launches campaign in the UK to contain impulse buying
Klarna, the Swedish online financial services specialist that works with groups including VF Corp.’s brand Timberland, has launched a new campaign in the UK called KlarnaSense to encourage shoppers to ”think thrice” before making purchases. The campaign against impulse buying follows a Mindful Money content series launched last year to ...
