10 Nov 20231 min read

Monthly update from Klarna: November

Klarna K logo

by Klarna

As we dive into November, the anticipation in the air is palpable. The onset of this month marks the beginning of our journey towards the peak season. With Black Friday and the holiday shopping frenzy steadily gaining momentum, we’re gearing up for an exhilarating ride ahead. Here’s a glimpse of what’s propelling us forward:

🏆 We’re proud to remain the consumers’ choice as the number one Buy Now, Pay Later app in the US by PYMNTS BNPL ranking. A massive thank you to our community for making this possible

🤖 We held our bi-annual product announcement, Spotlight, where we introduced a diverse array of innovative products throughout the entire shopping journey. Powered by AI, these expansions allow us to seamlessly bridge the gap between in-store, online, and the Klarna app, and make the world truly shoppable.

🇪🇺 Our CEO Sebastian Siemiatkowski went to Luxembourg and met with 27 finance ministers from across the European Union. Sebastian shared his remarkable journey of scaling a tech start-up from scratch to a global presence in 45 countries, and what politicians could do to foster even more growth and better outcomes for consumers in the EU.

🛒 This month is all about expanding our partnerships as many retailers gear up for the upcoming peak season! Among our most exciting updates, we’re thrilled to announce that Decathlon is now live in Spain and Walmart has launched in Canada!

💫 We’ve had a month of meeting the people behind Klarna. From video interviews with the brilliant minds behind our products, to celebrating the winners of our Smoooth Week awards, we’ve introduced you to lots of members of our team! Want to check some of them out? Head over to our blog to meet some of the amazing team.

💚 The Climate Transformation Fund 2023 Progress Report is here! First initiated in 2021 by Klarna and Milkywire, the CTF has been an instrumental force in driving sustainability initiatives. So far, we’ve partnered with over 20 organizations dedicated to catalyzing carbon removal, decarbonization, and climate advocacy through our fund, making substantial strides towards a greener future.

Wishing everyone good luck across this upcoming holiday season. Stay tuned for more exciting updates next month! ✨

Copyright © 2005-2023 Klarna Bank AB (publ). Klarna Bank AB (publ) is authorised and regulated by the Swedish Financial Supervisory Authority. Deemed authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. Klarna Bank AB offers both regulated and unregulated products. Klarna’s Pay in 3 instalments and Pay in 30 days agreements are not regulated by the FCA. Klarna Bank AB (publ) registered and head office: Sveavägen 46, 111 34 Stockholm, Sweden. A Swedish public limited company (publikt bankaktiebolag) registered with the Swedish Companies Registration Office with organisation number: 556737-0431.