Klarna strikes a global deal with Worldpay to become a default payment option on their service
#Klarna, a leading Swedish Buy Now Pay Later (#BNPL) provider, has inked a global deal with #Worldpay, one of the world's largest payment #fintech providers. This partnership will make Klarna a default payment option for Worldpay's extensive network of over a million merchants worldwide, processing $2.3 trillion worth of commerce in 2023.
Founded in 2005 by Sebastian Siemiatkowski, Niklas Adalberth, and Victor J., Klarna has revolutionized online shopping by offering flexible payment solutions that empower consumers. Backed by prominent investors like Sequoia Capital, the company continues to expand its footprint in the global fintech market.
This strategic move transitions Klarna from being an alternative payment method added at the request of retailers to a default option alongside traditional cards. David Sykes, Chief Commercial Officer at Klarna, stated, "We want Klarna at every checkout, available everywhere, for everything, all the time. This expanded partnership is a massive leap towards that goal, making Klarna the default payment method for hundreds of thousands of retailers."
The article on Finextra in the first comment.
Great to be live💪 Looking forward to our joint journey 🚀🚀🚀