Klarna unveils ‘KlarnaSense’ – A new initiative to encourage smarter shopping
Jul10

Klarna unveils ‘KlarnaSense’ – A new initiative to encourage smarter shopping

Klarna has today launched KlarnaSense, a new initiative to encourage consumers to shop smarter by purchasing the right things, at the right time. Our brains consume and process approximately 11 million pieces of information per second in order to make a decision – all of this subconsciously.  Those decisions are effortless and quick, but far from considered, and can lead to impulse buying. KlarnaSense uses retail psychology to promote...

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Klarna & BigCommerce research highlights shopper journey fragility
Jul06

Klarna & BigCommerce research highlights shopper journey fragility

Four in ten UK shoppers (38%) abandon a purchase at least once a week, with a fifth (21%) claiming to do so more regularly. That’s according to new research by Klarna and BigCommerce, published today with a call for retailers to prioritise shoppers’ most fundamental needs for the sake of their bottom line as the UK heads towards a recession. The research reveals a lack of fast and affordable delivery options as the number one reason...

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Stop the bots! Klarna & Highsnobiety wants passion to win for sneakerheads
Jul01

Stop the bots! Klarna & Highsnobiety wants passion to win for sneakerheads

Klarna, the leading global payments and shopping service joins forces with the sneaker experts, Highsnobiety, for the world’s first sneaker drop using heart-rate technology to reward true passion for sneakers over bots*. The global sneaker market is thriving, but sneaker shopping for this avid community often leaves a bad taste in the mouth, particularly when it comes to online sneaker raffles. Launching on today Heartbeats 4 sneakers...

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Curve Credit Waitlist Launches
Jun11

Curve Credit Waitlist Launches

Curve Credit, the credit subsidiary of Curve, the banking platform that consolidates multiple cards and accounts into one smart card and app, has now opened its waitlist for customers who want early access to its world first Curve Credit product when it hits the market later this year. Curve has also announced that the top 200 customers on the waitlist will get early access to Curve Credit before the product is fully available to...

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Life in 2022: How a Global Pandemic Changed Payments
Jun10

Life in 2022: How a Global Pandemic Changed Payments

James Booth, VP Head of Partnerships, EMEA at PPRO It’s January 2022. Countries around the world are teeming with life again. Roads and trains are packed with employees commuting to work. High street retailers are seeing foot traffic, and restaurants are gearing up for flocks of hungry patrons. After a continued global effort to flatten the curve and months of social distancing, COVID-19 is finally in the rear-view. People around the...

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Klarna pledges to support the frontline response to COVID-19 with ASOS Giveback Day
Apr28

Klarna pledges to support the frontline response to COVID-19 with ASOS Giveback Day

Klarna, the leading global payments and shopping provider, has committed to support the International Committee of the Red Cross (ICRC) in its frontline response to COVID-19, by donating £1, $1 or €1 for every Klarna transaction placed at ASOS globally on 29th April.  This dedicated “Giveback Day” will take place internationally*, enabling Klarna and ASOS customers to take part in the ICRC’s relief efforts against the pandemic....

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RETAIL GAIN-AND-RETAIN IN A POST COVID-19 WORLD
Apr16

RETAIL GAIN-AND-RETAIN IN A POST COVID-19 WORLD

Today, a new report by Klarna, the leading global payments provider enabling over seven million consumers in the UK to pay later in store and online, analyses the psyche of consumer purchasing habits and what retailers can do to stay relevant in a post COVID-19 world. In its Fast-track Upturn report, Klarna outlines how retailers must think differently to keep customer acquisition costs (CAC) low while increasing Customer Lifetime...

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Wirecard and Klarna launch joint payment solution for merchants
Mar12

Wirecard and Klarna launch joint payment solution for merchants

Wirecard, the global innovation leader for digital financial technology, and Klarna, a leading global payments and shopping provider, announced today the launch of a new enhanced joint payment solution. All three Klarna shopping methods, Pay Now, Pay Later and Klarna Financing, can now be embedded into merchants’ checkout via a single integration through the Wirecard digital financial commerce platform to boost average order value,...

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UK Millennials turn to tech and talking to manage their money
Mar05

UK Millennials turn to tech and talking to manage their money

Today, new research from global payments provider Klarna reveals that although consumers in the UK are less likely than their global counterparts to openly discuss money, there are signs that younger Brits are becoming increasingly more willing to discuss financial matters with friends and family. Klarna’s research was conducted in ten markets across the globe and uncovered the attitudes and behaviours of over 20,000 consumers towards...

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Ant Financial Group & Klarna announce investment to fuel global cooperation
Mar05

Ant Financial Group & Klarna announce investment to fuel global cooperation

Klarna, a leading global payments and shopping provider, is pleased to announce that Ant Financial Services Group, owner and operator of the world’s leading payments and lifestyle platform Alipay, has taken a minority stake in Klarna, as the two companies deepen their partnership to bring more innovative and convenient financial services to consumers worldwide. This investment in Klarna by Ant Financial, the payment affiliate of...

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Klarna Links Up with Daniel Wellington to Offer Enhanced Payment Option
Jan10

Klarna Links Up with Daniel Wellington to Offer Enhanced Payment Option

Today, leading global payments provider, Klarna announced a new collaboration with Daniel Wellington, maker of classic and timeless watches. Loyal shoppers of Daniel Wellington will now benefit from Klarna’s newest payment option, which allows customers to pay for their watches and accessories in 4 equal interest-free installments collected bi-weekly from the shopper’s chosen debit or credit card. “Our aim at Klarna is to provide...

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It takes a team: Klarna, Poq and Stripe deliver payments makeover for Missguided
Jan07

It takes a team: Klarna, Poq and Stripe deliver payments makeover for Missguided

Three of the biggest names in digital payments have today announced a partnership to enhance Missguided’s UK app, by reforming the way shoppers can pay for their clothes. The fast growth fashion retailer enlisted Klarna, Poq and Stripe to team up and share expertise and experience to create a tailored and seamless journey for app shoppers. UK customers can now order items from the Missguided app and pay for them 30 days later using...

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Klarna partners with London College of Fashion, UAL
Feb06

Klarna partners with London College of Fashion, UAL

From catwalk to coding: collaboration to support the next generation of fashion tech innovators       Klarna has announced a UK partnership with London College of Fashion, UAL, in an exciting initiative to support the next generation of talent at the intersection of fashion and technology. Fashion is now the UK’s largest online retail market segment, worth around £10.1bn, and this growth is only set to continue. By 2020, fashion will...

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Maplin and Klarna allow Customers to Pay later or spread the cost over time
Jan30

Maplin and Klarna allow Customers to Pay later or spread the cost over time

Klarna’s Pay later and Slice it now available to all UK consumers shopping online with Maplin Klarna has announced a partnership with Maplin – the UK’s number one specialist technology retailer. Maplin customers will now be able to use Klarna’s Pay later and Slice It services, allowing them to order online and receive the very latest Smart Home tech, security/CCTV products, top quality drones and so on, and then pay for them...

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Retailers must Invest in User Experience to Win over Christmas Shoppers
Dec07

Retailers must Invest in User Experience to Win over Christmas Shoppers

New research from Klarna shows Christmas preparation takes its toll, leaving almost a third of Brits exhausted by Boxing Day Retailers must invest in their ecommerce strategy to win over Christmas shoppers looking to avoid the high street, as a quarter of Brits say in-store crowds are the biggest source of stress at Christmas The average Brit spends 7.2 hours Christmas shopping, visiting 7 online retailers in the process With...

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PPRO Group and Klarna Partner to offer Risk-free Credit Payment Methods across Europe
Nov15

PPRO Group and Klarna Partner to offer Risk-free Credit Payment Methods across Europe

PPRO Group and Klarna will partner to enable Payment Service Providers (PSPs) to offer credit-based payments through PPRO’s payment hub to European merchants, risk-free. This will allow eCommerce businesses to improve conversion rates and provide a fast and smooth checkout process. The partnership will be marketed to PPRO’s PSP customer base and will provide access to Klarna’s services and consumers across Sweden, Norway, Finland,...

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Klarna and ASOS Partner to offer UK App Customers the Option to Try First and Pay Later
Nov02

Klarna and ASOS Partner to offer UK App Customers the Option to Try First and Pay Later

Klarna’s Pay later now available to all UK customers who have the ASOS app Today, leading European payments provider Klarna has announced a UK partnership with ASOS – one of the world’s leading destinations for fashion loving 20-somethings. The news means that UK customers with the iOS or Android ASOS app can now use Klarna’s ‘Pay later’ solution to pay for their items up to 30 days later – with no interest or fees. This...

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Klarna Expands Successful Relationship with Arcadia Group
Oct24

Klarna Expands Successful Relationship with Arcadia Group

Klarna’s payment options, Pay later and Slice it, now available to shoppers across all Arcadia Group brands, including Topshop and Miss Selfridge. Europe’s leading payment provider Klarna announces that it is expanding its partnership with Arcadia Group, giving consumers more choice when it comes to payment options. Shoppers across the Arcadia Group – whose brands include high-street favourites Topshop, Miss Selfridge and Dorothy...

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Retailers must Develop Emotional Intelligence to Win over New Generation
Jul13

Retailers must Develop Emotional Intelligence to Win over New Generation

Retailers must develop emotional intelligence (EQ) and alter their customer journey accordingly to nudge shoppers to a better online experience. New consumer research by Klarna also shows that 16 – 34 year olds are more likely than older generations to be influenced by emotional factors when shopping online. The millennial emotional rollercoaster of the millennial customer journey For the millennial generation – the...

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Visa Commits to Strategic Investment in Klarna #M2020EU
Jun28

Visa Commits to Strategic Investment in Klarna #M2020EU

Future collaboration will enhance payment experiences for consumers in Europe Visa and Klarna announced they have reached an agreement for Visa to invest in Klarna, and intend to develop a future strategic partnership. Klarna is one of Europe’s fastest growing online payments companies, serving 60 million consumers and 70,000 retailers. The equity investment and planned partnership demonstrate Visa and Klarna’s shared vision to...

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Commentary on Klarna’s Banking License
Jun20

Commentary on Klarna’s Banking License

Swedish business Klarna cuts out card companies at the point of online payment and instead sends buyers an invoice post-purchase – effectively extending to them a line of credit. They initially reasoned that if one of the biggest barriers to online purchase, a clunky and complicated checkout process, could be eradicated, it would result in more sales. Their reasoning turned out to be sound and the company is currently worth in...

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Klarna: Europe’s Newest Bank is Born
Jun19

Klarna: Europe’s Newest Bank is Born

Klarna is proud to announce that it has been granted a full banking licence by Finansinspektionen, the Swedish Financial Supervisory Authority. Sebastian Siemiatkowski CEO of Klarna: “This is another exciting milestone on the Klarna journey to become the world’s favourite way to buy but also for the European banking sector. We are now one of Europe’s largest banks with 60 million customers, 70,000 merchants and working seamlessly...

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New Klarna Research on the Retail Returns Market in the UK
Mar22

New Klarna Research on the Retail Returns Market in the UK

Past the point of no return: 8 out of 10 online shoppers vow not to go back to a retailer if they have a bad experience returning items Retailers who fail to provide consumers with a customer friendly and easy returns service risk losing a large proportion of their customer base, according to new data from leading European payments provider Klarna. A survey of 2,000 UK consumers reveals that 83% of respondents who shop online would...

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Schuh Partners with Online Payments Provider Klarna
Feb09

Schuh Partners with Online Payments Provider Klarna

Klarna Checkout now available to all “standard delivery” schuh shoppers, making the online payments process smoother than ever before Today, European payments provider Klarna has announced a partnership with schuh, one the UK’s biggest footwear retailers. More than half of schuh shoppers will now be able to use Klarna’s checkout solution to easily purchase products from their website. When checking out online, customers will now be...

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Klarna Announces Acquisition of BillPay
Feb06

Klarna Announces Acquisition of BillPay

Klarna today announces the acquisition of German online payment company BillPay, strengthening its position as one of the leading payment providers in Europe and accelerating its growth in the region. BillPay is one of the leading German online payment providers and was founded in 2009. It’s headquartered in Berlin, with over 140 employees, offering its services and products in Germany, Austria, Switzerland and the Netherlands....

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