Klarna hits 3 million UK users

By Daniel Lanyon on Thursday 26 September 2019

Digital Banking

The fintech giant said to be Europe’s most valuable, has now reached 12 million annual transactions.

Klarna hits 3 million UK users
Image source: Klarna

Swedish payments fintech Klarna has now passed 3 million active UK users, in the past 12 months.

The international payments provider has now partnered with over 170,000 merchants globally, it says with more than 100,000 UK shoppers downloading its app in August.

Luke Griffiths, General Manager at Klarna UK, said: “The growth we’ve seen since launching in the UK has been astounding, but I’m particularly proud of what we’ve been able to achieve in the last 12 months. Not only have we grown exponentially in terms of volumes and partners, but we’ve also grown our footprint across the UK with the launch of our Manchester office earlier this year.”

Klarna hit a $5.5bn valuation earlier this summer and had over 12m transactions in the past year  

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