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Stockholm-based Klarna, a “Buy Now, Pay Later” fintech company, announced on Wednesday its strong growth throughout Europe.
In Q2, the company reported up to 14 per cent YoY increase in Gross Merchandise Volume (GMV), surpassing the 1 per cent growth witnessed in the e-commerce sector during the same period.
Since 2020, Klarna has launched in 11 European markets, most recently in Romania and the Czech Republic.
The Swedish company amassed 100M European consumers and has partnered with over 470,000 merchants with recent new multi-market deals including TIER, MandMDirect, and Deichmann.