Klarna has launched what could be a game-changer for BNPL on desktop with a browser extension “that brings interest-free shopping at all online stores, regardless of whether they are partnered with Klarna or not”.
According to a study by consulting firm McKinsey, buy-now-pay-later services represented six percent of unsecured loans in the United States in 2016, nine percent in 2020 and are expected to rise to 13 percent in 2023.
Italian ‘buy now, pay later’ specialist Scalapay has completed a funding round worth €131 million ($150 million), that will enable the company to bolster its personnel growth and international expansion plans.
Personalisation remains key in the battle to attract online customers, a new report confirms. According to research among 200 UK retailers, 90% of retailers have implemented some form of personalisation strategy.
Buy-now-pay-later lender Klarna has acquired fledgling social shopping platform Hero for around £115 million, according to people familiar with the deal. It will be added to Klarna’s platform of 250,000 retail partners.