Klarna/page/2 news and trends

Klarna Reportedly Prepping for Possible 2025 US IPO

July 17, 2024
Klarna building
Adobe Commerce Adopts Klarna’s BNPL Services
Buy Now Pay Later // July 02, 2024

Adobe Commerce merchants can now offer their customers Klarna’s buy now, pay later (BNPL) services and other flexible payment options. The partnership will help these merchants meet the growing demand for BNPL, the companies said in a Tuesday (July 2) press release. “Klarna’s global footprint...

Australia Leads Global BNPL Charge, Triples US Adoption Rate
BNPL // June 28, 2024

As buy now, pay later (BNPL) options become more common around the world, the Land Down Under is leading the charge by a considerable margin. By the Numbers On Wednesday (June 26), PYMNTS Intelligence released this year’s edition of the “How the World Does Digital”...

Klarna Plus Subscription Numbers Reach 100,000 in US
Retail // June 25, 2024

Klarna says it subscription commerce service Klarna Plus now has 100,000 U.S. members. “The positive reception of Klarna Plus in the US really shows the value of this product,” Klarna Chief Marketing Officer David Sandstrom said in a Tuesday (June 25) news release. “Our commitment to offering valuable...

Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
Buy Now Pay Later // June 24, 2024

Klarna sold its online checkout solution, Klarna Checkout (KCO), for $520 million to a group of investors led by BLQ Invest CEO and founding partner Kamjar Hajabdolahi. The buyers will assume ownership of KCO on Oct. 1, and Klarna’s payment methods will continue to be...

Interviews & Exclusives
Australia Leads Global BNPL Charge, Triples US Adoption Rate

June 28, 2024
As buy now, pay later (BNPL) options become more common around the world, the Land Down Under is leading the charge by a considerable margin. By the Numbers On Wednesday (June 26), PYMNTS Intelligence released this year’s edition of the “How the World Does Digital” report, which surveyed a whopping 67,000 consumers across 11 countries […]

5 Things to Watch as Open Banking Gains Ground in the US

June 06, 2024
Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. But, with lessons learned from abroad, and with an incrementally...

Affirm, Afterpay Cut Rewards Programs as BNPL Firms Try New Loyalty Models

February 06, 2024
As buy now, pay later (BNPL) companies tinker with different methods to drive long-term engagement, Affirm and Afterpay are rethinking their loyalty strategies. On Monday (Feb. 5), Affirm shut down...

Amazon and Walmart Square Off Over Buy Now, Pay Later

November 03, 2023
This week, Walmart Canada introduced a new offering, allowing its customers to opt for an interest-free buy now, pay later (BNPL) payment method, which is powered by Klarna. Shoppers visiting...

Quick Reads
Klarna Reportedly Prepping for Possible 2025 US IPO

July 17, 2024
Klarna is reportedly weighing financial advisors for its U.S. initial public offering (IPO). Goldman Sachs, J.P. Morgan Chase and Morgan Stanley were the top contenders to advise the Swedish payments FinTech, the Financial Times (FT) reported Tuesday (July 16), citing sources familiar with the matter. The company, a pioneer in the buy now, pay later […]

Adobe Commerce Adopts Klarna’s BNPL Services

July 02, 2024
Adobe Commerce merchants can now offer their customers Klarna’s buy now, pay later (BNPL) services and other flexible payment options. The partnership will help these merchants meet the growing demand...

Klarna Plus Subscription Numbers Reach 100,000 in US

June 25, 2024
Klarna says it subscription commerce service Klarna Plus now has 100,000 U.S. members. “The positive reception of Klarna Plus in the US really shows the value of this product,” Klarna Chief...

Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts

June 24, 2024
Klarna sold its online checkout solution, Klarna Checkout (KCO), for $520 million to a group of investors led by BLQ Invest CEO and founding partner Kamjar Hajabdolahi. The buyers will...