Buy now, pay later giant Klarna has launched a package to support SMEs.
In Brief:
Klarna has now branched out into banking and offering businesses more than just payments and lending support.
It has launched the Small Business Support Package for SMEs.
It includes support in the form of office space, advertising help and complementary use of Klarna’s “pay later” products for a limited time.
What does this mean?
Klarna says that according to research, 24% of SMEs are not confident they will survive over the next two years.
Head of Klarna UK, Alex Marsh, says that Klarna is “determined to help small retailers navigate their way back to pre-pandemic levels”.
