Best Investing Advice
  • Politics
  • Economy
  • Forex
  • Stock
  • Editor’s Pick
  • Politics
  • Economy
  • Forex
  • Stock
  • Editor’s Pick
No Result
View All Result
Best Investing Advice
No Result
View All Result

Klarna lands buy now, pay later deal with DoorDash, notching another win ahead of IPO

admin by admin
March 21, 2025
in Economy
0
Klarna lands buy now, pay later deal with DoorDash, notching another win ahead of IPO

Klarna, the buy now, pay later lender that’s headed for an initial public offering, said on Thursday that it’s signed on DoorDash as a partner, another sign of momentum for public market investors.

It’s DoorDash’s first BNPL alliance and gives users of the restaurant delivery service a new way to pay for meals. Klarna said in a press release that DoorDash customers will be able to pay in full at checkout, split payments into four equal interest-free installments, or defer to dates that align conveniently with payday schedules.

Klarna, which is headquartered in Sweden, filed its prospectus last week to list on the New York Stock Exchange. Revenue last year increased 24% to $2.8 billion, and adjusted operating profit was $181 million, swinging from a loss of $49 million a year earlier. CNBC reported on Monday that Klarna will be the exclusive provider of buy now, pay later loans for Walmart, taking a coveted partnership away from rival Affirm.

“Our partnership with DoorDash marks an important milestone in Klarna’s expansion into everyday spending categories,” said David Sykes, Klarna’s chief commercial officer, in Thursday’s release.

Klarna, founded in 2005, said in its prospectus that it has 675,000 merchant partners in 26 countries. It’s among the most hotly anticipated IPOs of the year following an extended stretch of historically little activity for new offerings.

This post appeared first on NBC NEWS

Previous Post

Van Eck Opposes Equinox Gold’s US$1.8 Billion Takeover of Calibre Mining

Next Post

How new professional sports leagues like SailGP are putting women at the fore

Next Post
How new professional sports leagues like SailGP are putting women at the fore

How new professional sports leagues like SailGP are putting women at the fore

Subscribe to InvestiStratix.com

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular News

    High Grade Results Continue in Sandstone Drilling

    High Grade Results Continue in Sandstone Drilling

    May 8, 2025
    Lundin Mining Declares Filo del Sol a “Generational” Discovery, One of the World’s Largest

    Lundin Mining Declares Filo del Sol a “Generational” Discovery, One of the World’s Largest

    May 8, 2025
    Crypto Market Recap: New Hampshire Launches First State Crypto Reserve, Trump Stirs Controversy

    Crypto Market Recap: New Hampshire Launches First State Crypto Reserve, Trump Stirs Controversy

    May 8, 2025
    SAGA Metals Extends Claims at the Radar Ti-V-Fe Project –Securing the Entire Titanomagnetite-Bearing Intrusion

    SAGA Metals Extends Claims at the Radar Ti-V-Fe Project –Securing the Entire Titanomagnetite-Bearing Intrusion

    May 8, 2025
    Group Eleven Intersects 12.0m of 2.30% Cu and 560 g/t Ag, Including 6.4m of 3.72% Cu and 838 g/t Ag, Demonstrating High-Grade Copper and Silver Potential at Ballywire

    Group Eleven Intersects 12.0m of 2.30% Cu and 560 g/t Ag, Including 6.4m of 3.72% Cu and 838 g/t Ag, Demonstrating High-Grade Copper and Silver Potential at Ballywire

    May 8, 2025

    Trending News

    High Grade Results Continue in Sandstone Drilling

    High Grade Results Continue in Sandstone Drilling

    May 8, 2025
    Lundin Mining Declares Filo del Sol a “Generational” Discovery, One of the World’s Largest

    Lundin Mining Declares Filo del Sol a “Generational” Discovery, One of the World’s Largest

    May 8, 2025

    About Us

    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 bestinvestingadvice.com | All Rights Reserved

    No Result
    View All Result
    • Politics
    • Economy
    • Forex
    • Stock
    • Editor’s Pick

    Copyright © 2025 bestinvestingadvice.com | All Rights Reserved