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Klarna Fintech Arms 7.85 Million Consumers With More Buying Power in Downturn

By June 9, 2020January 28th, 2021No Comments

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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