Leading global payments provider and shopping service Klarna announced it has grown its customer base significantly since the Covid-19 crisis. In partnership with major apparel, beauty and footwear retailers—including H&M, Sephora, Timberland and The North Face—Klarna offers flexible payment options to consumers, giving them the convenience and purchasing power needed now.

CardLinx Insight:

CardLinx member Klarna is turning the economic downturn into a huge opportunity for growth. The Swedish Fintech unicorn has enabled close to 8 million US consumers to better cope with the crisis with buy now, pay later options on e-commerce and in-store purchases. The timing is right, as many card issuers are reducing credit lines due to missed credit card payments.

 

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