Klarna Widens International Partnership With Global-e

Swedish buy now, pay later (BNPL) firm Klarna and cross-border eCommerce platform Global-e on Tuesday (Aug. 31) announced that their global partnership includes flexible payment options across the U.S., U.K., France, Spain, Italy and Australia.

Klarna’s BNPL options will now be available to all merchants selling on Global-e’s cross-border eCommerce platform.

“We’re seeing consumers globally demanding more choice and flexibility when shopping online, and our payment options are proven to provide that flexibility and assist merchants in driving customer acquisition and conversion,” said Luke Griffiths, chief commercial officer at Klarna, in the joint announcement. “Our continued partnership with Global-e enables international retailers to offer their customers across the U.S., U.K., France, Spain, Italy and Australia alternative payment solutions while providing them with greater payment flexibility,” he said.

“Klarna’s buy now, pay later solutions are proving popular as online shoppers seek additional flexibility and the convenience to pay in whatever way suits their needs,” said Shahar Tamari, co-founder and COO at Global-e. “Our partnership with Klarna further fuels our commitment to enable merchants to seamlessly expand their brand globally by offering customers worldwide a top-notch localized experience from the moment they start engaging with retailers’ online channels right up to checkout.”

Global-e’s eCommerce platform includes local pricing in more than 100 currencies, local messaging, checkout in more than 25 languages, multiple shipping options and a transparent returns process.

Global-e and Klarna first partnered in 2017 across the Netherlands, Denmark, Norway, Sweden, Finland, Germany, Belgium and Austria.

Related news: Klarna’s GMV Grows by $8B Amid Rising App Installations

Earlier this month, Klarna announced that it had doubled its customer base in the U.S. since June of 2020, with 20 million people using its service, largely because of the Klarna app, which has four million active American users. Klarna said that installations for the app were up 115 percent year over year.

Klarna partnered with Macy’s earlier this year to offer its interest-free Pay in 4 solution in-store and online across all Macy’s, Inc. retail brands. The company is mulling an initial public offering (IPO) as early as next year, but has not said whether it will offer new stock in its listing.