Klarna Secures $6.5B Loan Deal for U.S. Expansion
Update: 2025-11-18
Description
Klarna, the buy-now-pay-later giant, has struck a major deal with Elliott Investment Management, selling up to $6.5 billion in loans over two years. This move aims to boost Klarnas U.S. expansion, offering flexible payment options to a broader American audience. The agreement involves selling existing loans and continuously transferring new ones, with Klarna retaining customer interactions. This fair financing product has seen a surge in popularity in the U.S., with Klarna experiencing a 244% growth in merchandise value compared to a 139% global growth.
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