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Klarna scores global payment deal with Stripe to expand reach ahead of blockbuster U.S. IPO

14 January 2025
in World
Klarna scores global payment deal with Stripe to expand reach ahead of blockbuster U.S. IPO
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Klarna has partnered with Stripe to offer its buy now, pay later service to merchants in 26 countries, aiming to increase its reach and add more clients ahead of its upcoming U.S. listing. The agreement follows a previous partnership in 2021 and will allow Klarna to benefit from Stripe’s payment tools, while Stripe will receive a share of the transaction fees. The deal is expected to drive revenue gains for both companies, with BNPL plans proving to boost transactions and average order values, positioning Klarna and Stripe for continued growth in the fintech sector.

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Tags: aheadblockbusterBreaking News: Technologybusiness newsdealExpandfintechglobalIPOKlarnapaymentReachscoresStripetechnologyU.SVenture capital
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