Klarna - News, Articles & Research

Klarna to report consumer BNPL use to credit referencing agencies

Klarna is to begin reporting consumer use of its buy now, pay later products to UK credit reference agencies, enabling users to build a positive credit history and protect them from building up multiple lines of credit.

04 May 2022

News/payments

Klarna brings gambling block to open banking payments

Klarna is enabling banks to extend voluntary gambling blocks to open banking-driven payments through its subsidiary, Sofort, using public code developed by Monzo and TrueLayer.

28 April 2022

Company announcement/payments

Klarna partners Global-e for Canada push

Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, announced today its expanded partnership with leading cross-border e-commerce provider Global-e (Nasdaq: GLBE).

27 April 2022

Company announcement/payments

Klarna makes capital out of UK Record Store Day

Klarna, the leading global retail bank, payments, and shopping service that helps consumers save time, money, be informed, and in control, has partnered with Record Store Day to help music lovers discover their new favourite artists while supporting local record stores.

21 April 2022

Company announcement/sustainable

Klarna pledges to match consumer donations towards planet health causes this Earth Week

Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, today announced a series of initiatives dedicated to supporting our planet’s health.

19 April 2022

News/predictions

Apple Pay most popular payments app with US teens

Apple Pay is the most popular payments app among American teens although the vast majority still regularly use cash, according to a survey.

11 April 2022

News/inclusion

NextGen Nordics: Banking app for Ukrainian refugees launched

Ahead of our NextGen Nordics conference on 27th April 2022, we will be putting together a weekly briefing of selected top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.

08 April 2022

Company announcement/payments

Klarna rebrands Stocard

Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, today revealed the new “Klarna-fied” brand identity of Stocard, one of the world’s leading mobile wallet providers that enables consumers to gather all of their loyalty cards virtually in one single place and receive personalized offers.

06 April 2022

News/payments

Klarna plans to rival Big Tech with PriceRunner acquisition

Klarna plans to take on Amazon, Google and Facebook as a viable alternative market for online merchants following the completion of its $1 billion deal to acquire comparison shopping service PriceRunner

04 April 2022

News/payments

Klarna launches open banking business unit

Buy now, pay later giant Klarna has set up an open banking sub-brand and business unit, helping firms connect to its network of thousands of banks across Europe and the US.

31 March 2022

Company announcement/retail

Klarna surveys reveals Brits are less inclined to invest

New data from Klarna, a leading global retail bank, payments and shopping service, shows that Brits are saving a higher share of their income each month compared to their international peers but are less interested in investing their money.

11 March 2022

News/payments

Klarna losses swell to $748 million

BNPL giant Klarna has reported soaring operating losses of $748 million for the full year 2021, driven by expansion to fresh markets and the challenges of underwriting a massive inflow of new customers.

28 February 2022

Company announcement/payments

Klarna brings rewards programme to UK

Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, today announced it will launch its global rewards programme in the UK.

22 February 2022

Company announcement/payments

Klarna Card waitlist opens to US customers

Klarna, a leading global retail bank, payments and shopping service, today announced that its waitlist for the Klarna Card is now open to all US consumers.

17 February 2022

News/regulation

BNPL firms ordered to refund charges to users following FCA crackdown

The Financial Conduct Authority is cracking down on potentially unfair and unclear terms in the contracts of Clearpay, Klarna, Laybuy and Openpay ahead up-and-coming regulation of the UK buy now, pay later market.

14 February 2022

Company announcement/retail

Klarna survey reveals 0% can calculate how much credit card purchases would cost after interest

"Klarna, a leading global retail bank, payments and shopping service, today revealed that six out of ten credit card users don't know how much interest they are charged, according to Yougov research commissioned by Klarna." Additionally, not a single respondent was able to correctly calculate how much a typical credit card purchase would cost after interest is taken into account. This is despite credit card companies following strict disclosure rules laid out in the FCA’s rulebook and despite being regulated.

11 February 2022

News/payments

Klarna weighs new funding round

Klarna is weighing plans to raise new money in a funding round that could potentially fetch a $50bn-$60bn valuation.

10 February 2022

News/payments

Klarna launches physical BNPL card in the UK

Klarna is releasing a physical card in the UK, giving shoppers the opportunity to buy now, pay later in bricks and mortar stores.

26 January 2022

News/sustainable

Doconomy raises $19 million to accelerate carbon emission reduction goal

Climate data platform Doconomy has raised $19m of equity capital to help accelerate expansion and the recruitment of new talent.

17 January 2022

News/regulation

CFPB hauls in five BNPL firms to kickstart inquiry

The US Consumer Financial Protection Bureau (CFPB) has launched an inquiry into the buy now, pay later market amid concerns about accumulating debt levels and data harvesting by vendors.

17 December 2021