Banking Fintech News

Klarna Partners With Sephora for a More Flexible Shopping Experience

Klarna Launches Vibe: the First Buy Now, Pay Later Shopper Loyalty Program

Providing an Interest-Free Buy Now, Pay Later Payment Solution

Klarna, a leading global payments and shopping provider, announced that it has partnered with Sephora, the leading prestige beauty retailer, in the US. Customers shopping for the latest beauty products on Sephora’s website are now able to take advantage of Klarna’s installment option, which allows them to pay in four equal payments with no interest, and provides the security, flexibility and financial control they seek.

Read More: SIMON Markets LLC and Raymond James Launch New Strategic Partnership for Annuities

“Ease and convenience play an instrumental role in the Sephora client experience, and as a digital leader we have always adapted to the evolving needs of our beauty community and their shopping journey,” said Kim Stromberg, Vice President and General Manager of e-Commerce at Sephora. “With Klarna, we can continue to provide our clients the seamless shopping experience they know and love while increasing flexibility in our checkout offerings.”

“Sephora is the unparalleled global leader in beauty and has built a reputation of providing an outstanding shopping experience,” said Sebastian Siemiatkowski, CEO at Klarna. “We are thrilled to partner with Sephora to ensure that clients are able to shop for the beauty brands and essentials they love with a new level of financial flexibility.”

Read More: M Financial Group Licenses FAST Software to Enable New Digital Ecosystem for Member Firms

Klarna is the pioneer and global leader of buy now, pay later and the future of shopping. With 85 million customers and more than 200,000 retail partners worldwide, the Klarna e-commerce platform and app provide consumers with flexibility and control, while creating a smoother way to shop and pay.

We make shopping smoooth. With Klarna, consumers can buy now and pay later, so they can get what they need today. Klarna’s offering to consumers and retailers includes payments, social shopping and personal finances. Over 200,000 retail partners, including H&M, IKEA, Expedia Group, Samsung, ASOS, Peloton, Abercrombie & Fitch, Nike and AliExpress, have enabled Klarna’s innovative shopping experience online and in-store. Klarna is the most highly valued fintech in Europe, with a valuation of $5.5 billion, and one of the largest private fintechs globally. Klarna was founded in 2005, has over 3,000 employees and is active in 17 countries. Klarna’s North American offices are in Columbus, Ohio; Los Angeles; and New York. Klarna Credit is issued by WebBank, member FDIC. For more information, visit klarna.com.

Read More: Fintech Europe Selects Ten Startups for its Fifth Batch

Related posts

Huobi DeFi Labs Launches Global Alliance to Expand the Decentralized Financial Ecosystem with Cross-Border Collaboration

Fintech News Desk

Capitolis Registers a Security-Based Swap Dealer

Fintech News Desk

“Build on Ocrolus” Empowers Plaid and Developers to Embed Document Capture within Financial Apps

Fintech News Desk
1