Klarna Secures $26 Billion for US BNPL Expansion

Flexible payments firm/digital bank Klarna says it has landed $26 billion in new funding. That’s the result of a multi-year agreement with financial services and investment firm Nelnet, the company announced Friday (Aug. 15). Under this arrangement, Klarna will sell up to $26 billion in receivables from its “Pay in 4” installment program to Nelnet. … Continue reading Klarna Secures $26 Billion for US BNPL Expansion