Klarna is one of Europe’s leading payments providers and a newly-licensed bank, which wants to revolutionise the payment experience for shoppers and merchants alike. Founded in Stockholm, Sweden, in 2005, their give online consumers the option to pay now, pay later or over time offering a simple, safe and smoooth checkout experience. Klarna now works with 90,000 merchants, including ASOS, Adidas, Arcadia Group and IKEA. Klarna has 2,000 employees and is active in 14 countries. Klarna is backed by investors such as Sequoia Capital, Bestseller Group, Atomico, VISA and Permira.
”Klarna has allowed us to increase sales by offering our customers low monthly payments for our electric bikes. With a very high AOV, converting visitors to customers can be a significant challenge but offering the option to pay [in installments] definitely makes our products more accessible. Additionally, using Klarna and 0% APR promotions has been an extremely effective marketing tool with Klarna checkouts more than doubling, from 10% to 23%.”
"We were very impressed with how fast the Klarna team worked from start to launch. Supportive, responsive, and agile, they enabled us to go from discussion to full-scale multi-channel launch in less than 2 months."
“We have experienced a significant increase in average spend. I think shoppers are enjoying the friction-free experience and modern feel of Klarna, as well as having the option of purchasing before pay day and then only paying if they keep the item.”
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