All Klarna articles
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News briefsKlarna backs Google’s Agent Payments Protocol for AI commerce
Sweden-based digital bank Klarna announces support for Google’s Agent Payments Protocol.
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News briefsKlarna debuts at New York Stock Exchange
Swedish fintech Klarna made its stock market debut on the New York Stock Exchange, raising $1.37 billion (€1.26bn) in its IPO.
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ArticleKlarna lists on NYSE after all obstacles are cleared, valued at €11.8bn
The Swedish fintech is preparing its US IPO, featuring part-originating shares and notable investors, reflecting its evolving valuation.
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News briefsKlarna attempts another IPO, aiming for a valuation of up to $14bn
The Swedish payment service provider had put its IPO plans on hold in April due to Trump’s new tariffs, but sources indicate that it will now proceed.
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ArticleKlarna files for IPO in New York
The Swedish fintech company, valued at €13.6b recently, expects to trade on the New York Stock Exchange under the symbol “KLAR.”
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ArticleKlarna made profit for second time in a row in Q3
Klarna, the AI-powered global payments network and shopping assistant, has announced its nine-month financial results. The company’s net profit in the third quarter was SEK 216 million, up 57 percent year-on-year.
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News briefsKlarna Checkout sold in billion deal and becomes Kustom
The new fintech company, named Kustom, is now establishing itself as the leading digital checkout solution in the Nordic market.
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News briefsKlarna aquires Kiwi company
The Swedish global payments network and shopping assistant, Klarna, has acquired the assets of a New Zealand competitor.
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News briefsKlarna increases payment flexibility with new features
The Swedish payment provider introduces new savings opportunities and rewards for loyal customers.
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News briefsKlarna cuts losses, adds 68,000 merchants
The payment and shopping platform significantly reduces losses and gains 68,000 new vendors, showing solid financial improvement and growing market presence.
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News briefsThe untapped potential of female fans in new report on sports merchandise
New research from Klarna, the AI-powered global payments network and shopping assistant, and fan intelligence company Sports Innovation Lab suggests that sportswear brands should address gender-based disparities in women’s sports merchandise accessibility. The new report, titled “Rep Her: Revealing the Unmet Demand for Women’s Sports Merchandise,” found ...
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News briefsXXL switches to Walley as payment provider
XXL is changing its payment provider in the Nordic market. The company has been using Klarna for a while, but now it´s switching to Walley, which aims to assist the sports retail chain in developing multiple payment solutions. Walley will support both digital and in-store transactions, catering to individual consumers ...
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ArticleKlarna’s losses narrow
Swedish payment and shopping service provider Klarna’s total revenue for the second quarter was 5.5 billion Swedish krona (€464.6m), up 17 percent year-on-year, with a loss of SEK 0.9 billion (€76.0m), compared to SEK -3.8 billion a year earlier. “A year ago, we promised to become profitable again, and ...
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News briefsL.A. football club and Klarna release capsule
Angel City Football Club (ACFC) and one of its founding partners, the payment and shopping platform Klarna, have launched a small collection for women’s sports called Un Nuevo Amanecer (A New Dawn). The windbreaker, bucket hat and fanny pack were designed by Suay Sew Shop of Los Angeles and are ...
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ArticleKlarna launches resale function and more to mark 18th anniversary
Payment and shopping service provider Klarna has unveiled a number of new innovations on the occasion of its 18th anniversary. The new products include the new Klarna app and smart shopping features that help consumers find and resell the perfect items. With the Klarna app’s new AI-driven shopping feed, consumers ...
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News briefsNew Klarna in-app search and compare tool as an alternative to Google and Amazon
Klarna launched a new “rich and unbiased search and compare tool” in the Klarna App in the U.S. last month and is now expanding it to the U.K., Sweden and Denmark. The tool compares prices from thousands of retailers. In addition, consumers can filter their search by criteria that matter ...
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News briefsAliExpress launches 11.11 global shopping festival with longest sales period ever
AliExpress, the global online retail marketplace owned by Alibaba Group, officially kicked off its 2022 11.11 Global Shopping Festival on Oct. 31 under the theme “Deals & Fun. Always Better Together” – a full two weeks earlier than previous years and running throughout November. For all orders in Spain, France, ...
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News briefsKlarna starts $800m fundraising round, but drops in valuation
The Swedish financial technologies company Klarna is raising $800 million in a funding round advised by Goldman Sachs. The sum is planned to flow primarily into the company’s expansion in the U.S., where Klarna has roughly 30 million users. However, Klarna’s current valuation of $6.7 billion is a significant drop ...
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News briefsKlarna to lay off 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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ArticleKlarna drives global expansion with launch 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 ...
