Buy now pay later giant Klarna has selected Adyen as it global acquiring partner, responsible for collecting card-based payments from customers and their banks, and then delivering them to retailers and merchants – both in-person and online.
Adyen announced the company is strengthening its global partnership with Klarna. In this new partnership, Klarna will benefit from Adyen’s acquiring capabilities to simplify card payments for Klarna’s 150 million consumers and 500,000 retail partners globally.
Adyen has offered Klarna’s suite of payment methods, including their interest-free Pay Now and pay later options to Adyen customers for over ten years. Now, the partnership enters a new strategic phase where Adyen, for the first time ever, assumes the role of acquiring bank on behalf of Klarna’s different consumer offerings, starting in Europe, North America, and Asia in 2024. Adyen will, as a payment provider, help Klarna make more seamless payments for Klarna’s 150 million users worldwide.
Klarna has showcased a strong understanding of the modern consumer journey and successfully launched their payment and shopping services all over the world. Adyen’s technology is set to make payments easier in a global context. With the help of Adyen’s financial technology platform, Klarna can further concentrate their efforts on delivering the best possible shopping experience to consumers worldwide.
The partnership with Klarna highlights Adyen’s ambition to provide global enterprises within the digital economy with the tools to create seamless payments, scalability and consumer journeys regardless of their market, sales channel or business vertical.
“Klarna has, in many ways, revolutionized the digital shopping experience. I am proud to say we are now joining forces in a partnership set out to simplify payments and shopping in our respective areas of expertise. Adyen’s financial technology platform combined with Klarna’s various consumer offerings will raise the standard of payments and consumer experiences worldwide,” says Pieter van der Does, co-founder and co-CEO, Adyen.
“Adyen is fortunate to work with businesses that are reshaping commerce and Klarna is the latest testament to this. Klarna has changed how people shop around the world and it is incredibly exciting to take our collaboration to the next level locally and globally,” says Tobias Lindh, Managing Director, Adyen Nordics & Baltics.
“Adyen, a world-class financial technology platform for businesses with global ambitions, aligns seamlessly with Klarna’s role as the preferred payments network and shopping assistant for consumers and retailers worldwide. In our journey towards strengthening our global commerce offerings, Adyen will play an integral role as our trusted partner,” says Sebastian Siematkowski, co-founder and CEO, Klarna.
Adyen is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Meta, Uber, H&M, eBay, and Microsoft.
Since 2005 Klarna has been on a mission to accelerate commerce with consumer needs at the heart of it. With over 150 million global active users and 2 million transactions per day, Klarna’s fair, sustainable and AI-powered payment and shopping solutions are revolutionizing the way people shop and pay online and in-store, empowering consumers to shop smarter with greater confidence and convenience. More than 500,000 global retailers integrate Klarna’s innovative technology and marketing solutions to drive growth and loyalty, including H&M, Saks, Sephora, Macy’s, Ikea, Expedia Group, Nike and Airbnb.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: