Klarna, the global digital bank and flexible payments provider, has surpassed 1 million merchants globally. Klarna has grown the number of merchants offering its payment methods by 47% in the past year, adding 285,000 merchants in 2025, and more than 115,000 in the final quarter alone.
Read More on Fintech : Global Fintech Interview with Baran Ozkan, co-founder & CEO of Flagright
“Reaching 1 million merchants is a reflection of how deeply embedded Klarna is becoming in everyday money management, and the acceleration across verticals and markets shows no signs of slowing down.”
The growth is being driven by Klarna’s expanding agreements with the world’s leading payment service providers, giving merchants around the world easier access to Klarna at checkout.
Leisure, Sport & Hobby is now Klarna’s fastest-growing merchant category, up 91% YoY in February 2026, reflecting growing consumer demand for flexible payments in wellness and fitness.
David Sykes, Chief Commercial Officer at Klarna: “Home repairs, a new couch, salon appointments, gym memberships – these are facts of life for most people, but the way they pay for them hasn’t kept up. Reaching 1 million merchants is a reflection of how deeply embedded Klarna is becoming in everyday money management, and the acceleration across verticals and markets shows no signs of slowing down.”
With its merchant network now spanning over 1 million businesses across 26 markets, Klarna is well-positioned to convert network scale into sustainable revenue growth, and continues to expand into the high-frequency, high-intent categories that define the next phase of its platform strategy.
Catch more Fintech Insights : Real-Time Payments and the Redefinition Of Global Liquidity
[To share your insights with us, please write to psen@itechseries.com ]
