The ties binding together two of the biggest names in fintech have been strengthened.
It means Klarna, the AI powered global payments network and shopping assistant, will benefit from Adyen’s vast acquiring capabilities.
“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,” comments Sebastian Siematkowski, co-founder and CEO at Klarna.
“In our journey towards strengthening our global commerce offerings, Adyen will play an integral role as our trusted partner.”
Raising the standard of payments
Adyen, the global financial technology platform for many of the world's leading companies, has offered Klarna’s suite of payment methods – including its interest-free shop now, pay later option – to Adyen customers for more than a decade.
Now, the partnership enters a new strategic phase where Adyen, for the first time ever, assumes the role of one of Klarna's acquiring banks on behalf of the Swedish firm’s different consumer offerings, starting in Europe, North America and Asia in 2024.
Adyen will, as a payment provider, help Klarna make more seamless payments for its tens of millions of worldwide users.
Over the past few years, Klarna has showcased a strong understanding of the modern consumer journey and successfully launched its payment and shopping services all over the world.
With the help of Adyen’s platform, Klarna will be better placed to further concentrate efforts on delivering the best possible shopping experience.
What’s more, the partnership 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.
“Klarna has, in many ways, revolutionised the digital shopping experience,” adds Pieter van der Does, Co-founder and Co-CEO at Adyen. “I’m 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.”
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