Financial news

Adyen, the global fintech platform, is strengthening its global partnership with Klarna, the AI-powered global payments network and shopping assistant; enabling Klarna to benefit from Adyen’s acquiring capabilities to simplify card payments for Klarna’s 150 million consumers and 500,000 retail partners globally.

The newly enhanced partnership sees Adyen assume the role of acquiring bank on behalf of Klarna’s different consumer offerings, starting in Europe, North America, and Asia in 2024.

Previously, Adyen has offered the suite of payment methods offered by Klarna, including their interest-free Pay Now and Pay Later options to Adyen consumers for over the last decade.

As a payment provider, Adyen will help Klarna make more seamless payments for Klarna’s 150 million users worldwide.

Klarna has showcased a strong understanding of the modern consumer journey and successfully launched its payment and shopping services all over the world. Adyen’s technology is set to make payments easier in a global context. With the help of Adyen’s financial technology platform, Klarna can further concentrate its efforts on delivering the best possible shopping experience to consumers worldwide.

A journey towards strengthening ‘global commerce offerings’

Pieter van der Does, co-founder and co-CEO of Adyen, explained the significance of strengthening its partnership with Klarna: “Klarna has, in many ways, revolutionised the digital shopping experience.

“I am proud to say we are now joining forces in a partnership set out to simplify payments and shopping in our respective areas of expertise. Adyen’s financial technology platform combined with Klarna’s various consumer offerings will raise the standard of payments and consumer experiences worldwide.”

Tobias Lindh, managing director for Adyen Nordics & Baltics, also added: “Adyen is fortunate to work with businesses that are reshaping commerce and Klarna is the latest testament to this. Klarna has changed how people shop around the world and it is incredibly exciting to take our collaboration to the next level locally and globally.”

The partnership with Klarna highlights Adyen’s ambition to provide global enterprises within the digital economy with the tools to create seamless payments, scalability and consumer journeys regardless of their market, sales channel or business vertical.

Sebastian Siematkowski, co-founder and CEO of Klarna, also discussed the partnership: “Adyen, a world-class financial technology platform for businesses with global ambitions, aligns seamlessly with Klarna’s role as the preferred payments network and shopping assistant for consumers and retailers worldwide. In our journey towards strengthening our global commerce offerings, Adyen will play an integral role as our trusted partner.”