Buy now, pay later business Klarna now has a US customer base of 20mn.
In Brief:
It has doubled its US customer base in the past 14 months.
It now has four million monthly active users in the market.
Klarna partnered with US department store Macy’s late last year.
What does this mean?
Klarna initially made a loss as a result of its efforts to go into the US market, but this has now paid off. It says it will continue to expand its range of merchants in the US over the coming year.
Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...
This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.
Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features
The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
Zilch is partnering with open banking platform Yapily to bring ...
Curve, the card aggregation FinTech, has secured a $bn line ...
Intuit, a financial software company that owns a number of ...
Klarna has launched a new platform to connect retailers with ...
In partnership with Propeller Insights, Marqeta conducted a survey of 3,500 consumers across the US,...
In partnership with The Consumer Goods Forum, PwC’s latest report examines how business leaders are...
The report covers the retail banking products and services that fall within the EBA’s consumer prote...
In this research brief, we examine the prevalence, persistence of use, and alternate credit sources...
There are no Events in this category