US
Jun 4, 2020

Groupe Dynamite Brands Offer ‘Pay in 4’ with Klarna in the US

Sister brands Garage and Dynamite bring customers a new ‘buy now, pay later’ option

New York, NY (June 4, 2020) – Leading Canadian fashion retailers Garage and Dynamite now offer US shoppers an added payment method through Groupe Dynamite’s partnership with Klarna, a leading global payments and shopping provider.

Known as a global fashion retailer, Groupe Dynamite operates more than 400 stores in Canada and worldwide and serves millions of fashionistas shopping for affordable trends in the U.S. Acting as a Canadian leader among the international brand landscape, both Garage and Dynamite continue to thrive in an ever-crowded marketplace by leading the expansion of the business in new markets, including e-commerce, while leveraging shared values such as affordability with partners like Klarna in the US and PayBright in Canada.

“Shopping at Garage and Dynamite is not only about leading fashion, but also choice and convenience. We are constantly enhancing the checkout experience both in-store and online, and that includes how our customers can pay,” said Ian Richards, Vice-President, Digital & Loyalty, Groupe Dynamite. “With PayBright in Canada and Klarna in the US, we are giving shoppers payment flexibility, interest-free spending power, and a seamless experience.”

US customers on Dynamite and Garage e-commerce platforms can now pay with Klarna’s four equal payments service, with no interest or fees, while Canadian customers can do the same by choosing PayBright as their preferred way to pay at checkout.

“Groupe Dynamite understands their customer’s needs, and Klarna is excited to offer them a new way to pay for the items they want,” said David Sykes, Head of US at Klarna. “Garage and Dynamite each have strong spirits of creativity and design that fit seamlessly with our brand ethos.”

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.

For more information, download the app or visit @klarna.usa on Instagram.

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About Klarna

We make shopping smooth. 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.

About Groupe Dynamite

Groupe Dynamite, a Montreal-based company with two brands at the heart of its success, operates more than 300 stores in Canada and the United States and employs close to 6,000 people. The Company creates, designs, markets and distributes a constantly evolving edited fashion collection to a large network of Dynamite and Garage retail stores. The brand’s core strength is rooted in a solid understanding of its customer and is a design-driven fashion retail organization. More information on Groupe Dynamite is available at www.groupedynamite.com

Media contact:

press.us@klarna.com