Karma news and trends

Consumers Like Payments Choice but Not Payments Clutter at Checkout
Buy Now Pay Later // March 03, 2023

Digital wallets, buy now, pay later (BNPL) and a wide range of credit cards and apps compete for space at the checkout, adding friction to the point of sale. Frustrating checkout processes and requirements for personal information are causing the most friction. On the flip...

Digital Wallets Drive D2C Brands’ Holiday Sales
Digital Payments // December 21, 2022

In a bid to win consumers’ holiday spending, D2C brands are removing payment friction. This, as data shows that online shoppers are increasingly seeking out brands that offer them quick, convenient transactions. According to PYMNTS’ study, “Deal Or No Deal: The 2022 Holiday Shopping Report,”...

90% of Shoppers Say Smooth Checkout Is Make or Break Experience
Retail // October 20, 2022

As much as retail has changed and become increasingly digital, one thing has remained constant throughout the years: the importance of a smooth checkout experience. Whether it’s a swift and friendly transaction at the cash register or a speedy one-click purchase online, new PYMNTS research...

Karma Looks to Save Shoppers Time and Money With Embedded Payments Feature
Retail // October 17, 2022

If saving money is a top priority for shoppers right now, saving time would not be far behind. Add in visibility on product availability in the size, color, or style of your choosing, and the empowered eCommerce assisted shopping experience starts to take shape. At least,...

Interviews & Exclusives
Consumers Like Payments Choice but Not Payments Clutter at Checkout

March 03, 2023
Digital wallets, buy now, pay later (BNPL) and a wide range of credit cards and apps compete for space at the checkout, adding friction to the point of sale. Frustrating checkout processes and requirements for personal information are causing the most friction. On the flip side, some buying experiences, such as marketplaces, provide significantly less […]

Quick Reads
Unsold Food Marketplace Snags $12M

August 16, 2018
Stockholm-based Karma has raised $12 million in Series A funding, led by Swedish investment firm Kinnevik. Participants also included U.S. venture capital firm Bessemer Venture Partners, appliance manufacturer Electrolux and previous VC firm backer e.ventures. This latest round brings Karma’s total funding to $18 million. Founded in late 2015 by Hjalmar Ståhlberg Nordegren, Ludvig Berling, […]