General news
Mar 2, 2020

SHEIN and Klarna Partner to Give Shoppers the Fashions They Want and Flexibility They Need

New York, NY (March 2, 2020) – SHEIN, the ultimate one-stop-shop for the modern yet economical fashionista, has partnered with Klarna, the leading global alternative payments provider and shopping service.

Known for its on trend and affordable range of clothing and accessories, SHEIN is an international fashion e-commerce platform that’s seen 17.6 million new net users and app downloads in the US from the last three months of 2019 alone. Customers can now pay at checkout utilizing Klarna’s pay in four equal payments with no interest or fees.

“At Klarna, we strive to partner with like-minded brands” said David Sykes, Head of US at Klarna. “SHEIN’s mission of offering on-trend styles that won’t break the bank’ fits seamlessly with our belief that our customers should get what they love without restrictions.”

Klarna is the pioneer and global leader of buy-now-pay-later and the future of shopping. With 85 million+ customers and 200,000+ merchants, Klarna allows consumers to purchase products that enhance their day-to-day lives, while creating a smooother way to shop and pay.

For more information, download the app or check out Instagram at @klarna.usa

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About Klarna

Klarna, the leading global disruptor of payments and banking, and provider of smoooth retail services, was founded in Sweden in 2005. Klarna currently holds a post money valuation of $5.5 billion, which ranks Klarna as the largest private fintech in Europe and one of the largest private fintechs globally. Klarna provides merchants with a flexible range of preferred payment alternatives that enable consumers to easily and securely pay when and how they want everywhere – online and in-store. Over 200,000 merchants, including H&M, Adidas, IKEA, Expedia Group, ASOS, Peloton, Abercrombie & Fitch, Michael Kors, Nike, AliExpress, Superdry, Sephora, Spotify, Wayfair, Gymshark, Samsung, Zara, Topshop, The Hut Group, Steve Madden, Boozt, Sonos, Agent Provocateur, Lufthansa, ETSY, Daniel Wellington and many more have enabled Klarna’s innovative shopping experience, that stretches beyond the actual transaction and also allows consumers to take control over their personal finances. Klarna has 2,500 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 SHEIN

SHEIN is an international B2C fast fashion e-commerce platform. The company mainly focuses on women’s wear, but it also offers men’s apparel, children’s clothes, accessories, shoes, bags and other fashion items. SHEIN mainly targets Europe, America, Australia, and the Middle East along with other consumer markets. The brand was founded in October 2008 and covers more than 220 countries and regions around the world.

Media Contact

Klarna Press Office, press@klarna.com
HL Group, Kelly Barry, kbarry@hlgrp.com
HL Group, Cara Maffucci, cmaffucci@hlgrp.com