Klarna partners with Stripe to offer BNPL to merchants

Klarna announced commercial partnership with Stripe on October 26, 2021.

Primary

Klarna

Counterparty

Stripe

Structure

commercial partnership

Date

October 26, 2021

Sub-sector

BNPL

Klarna gains access to Stripe's 3M merchant base; Stripe processes ~90% of Klarna's U.S./Canada payment volume as preferred partner.

Primary company

Klarna

Counterparty

Stripe

Amount

Not disclosed

Event date

October 26, 2021

Sub-sector

BNPL

HQ

Not disclosed

Structure

commercial partnership

Source published

October 26, 2021

Publisher

American Banker

Source: americanbanker.com