KLAR News & Events

Klarna announces a new partnership with EuroParcs that it says "gives holidaymakers in Germany, the Netherlands, Belgium, and Austria more flexibility in how they pay for their getaway." Guests booking through EuroParcs can now choose from a range of Klarna payment options tailored to their market, the company stated.

Klarna doubled its existing forward-flow and whole-loan sale agreement with investment funds managed by Elliott Investment Management. The facility size doubles to $2bn and the term extends by one year to three years, enabling Klarna to facilitate up to $17bn-worth of US Financing loans during the remaining life of the program. "Klarna's US Financing is growing fast because it gives Americans something the credit card industry never has: real choice, clear terms, and no surprises. This partnership sets the foundation for us to meet the accelerating demands of our American consumers." - Niclas Neglen, Chief Financial Officer, Klarna

Klarna and H&M announced the expansion of their partnership in Romania and Hungary as a strategic step that strengthens the long-standing global collaboration between the two companies. Klarna is now available as a payment method for H&M customers in both markets.